The US giant trumped Castlelake with a £5.7 bln proposal. It’s a slim bump, but Apollo is ahead on the non-financial side too. It has airline-owning experience, made clear regulatory promises and ...
The French telco tycoon is buying e&'s 16% stake in the UK group for nearly $6 bln. Rivals’ sector bets haven’t always paid off. But while exposure to Germany, Britain and Africa carries the whiff ...
The $78 bln IT services giant upped hiring at the fastest pace in three years in the June quarter and says rising AI token ...
Policymakers and investors fear artificial intelligence will induce a jobs apocalypse. Fortunately, neither theory nor ...
LONDON, July 9 (Reuters Breakingviews) - New attacks in the chokepoint and a nixed US-Iran ceasefire have hiked crude prices again. With workarounds sharply reducing oil’s 20 mln barrel-a-day ...
The bank’s 2023 failure zeroed $17 bln of AT1s but didn’t touch another type of bond designed to take losses. A new study finds that credit investors noticed. Bank funding costs fell and market ...
HONG KONG, July 9 (Reuters Breakingviews) - A year after carving the $401 bln portfolio into Singapore, international and partnership buckets, CEO Dilhan Pillay is revealing each unit's returns. Such ...
HONG KONG, July 9 (Reuters Breakingviews) - Prime Minister Sanae Takaichi's investment roadmap is threatened by a projected 10 mln worker shortfall by 2040. Yet she keeps cracking down on migration ...
With regulatory relief and $200 bln of excess capital, US banks are looking for deals. Fiserv’s debit-card payment rails have drawn a look and could unlock lucrative fees. Doing so could end ...
LONDON, July 7 (Reuters Breakingviews) - Alphabet, Microsoft and rival giants are set to spend some $5 trln by 2030 to dominate artificial intelligence. Funding from shareholders comes with an ...
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