AI firm Databricks noted a $188 bln valuation, making it the fourth-largest private tech startup. As it out-grows app-makers like Adobe or Salesforce, it’s also encroaching on their most prized ...
Renewed conflict in Iran has left most investors unruffled – but only if they had spread their money across indexes. Single stock volatility has surged, widening the gap with S&P 500 volatility ...
A consortium led by Amit Bhatia, backed by the Mittal family, may take a stake in Liverpool at a $6 bln to $7 bln price tag. That's closer to American trophy franchise multiples, but still way off.
Fears that machines will turn advice into a commodity have erased half the market caps, or $100 bln, of Accenture and Cognizant this year. From McKinsey to Grant Thornton, the industry is ...
Sanae Takaichi wants to double GDP by 2040 by investing $2 trln across 17 sectors. But the prime minister's China-style policy roadmap lacks detail, leaving bond traders to fret about even bigger ...
Temasek and CPPIB are among investors backing the listing of the $187 bln maker of data centre optical transceivers despite Washington adding it to a military blacklist. For now the rewards of ...
A shock 50% levy on $20 bln of Canadian imports fits the US administration’s bullying tactics. Maintaining uncertainty as a trade deal hangs in the balance might seem a way to maximize leverage.
The London Stock Exchange is the latest bourse to allow punters to buy and sell securities day and night. Turning the $24 trln market into a round-the-clock arena could lead to volatile prices ...
Unilever is splitting itself apart and Kraft Heinz considered it. Analysts have asked the obvious question of the $274 bln KitKat-to-kibble conglomerate. Yet Nestlé’s high multiple, and thin ...
Cutting the 5% VAT on electricity bills and picking John Healey as finance minister suggests Britain’s new prime minister is focused on the cost of living. It may calm turbulent UK politics, but ...
John Healey inherits rising spending, higher debt and weak growth. The answer is not loosening fiscal rules but measuring British government assets and non-debt liabilities – and showing that ...
Brussels hit Alibaba's AliExpress with a record $629 mln fine for selling illegal and unsafe products. As a trade imbalance with China widens, pushback against low-value e-commerce imports is ...
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