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NBA’s LA Lakers to sell majority stake to Chelsea co-owner in £7.5bn deal
The transfer of controlling interest in the LA Lakers to a new owner highlights a major transaction that may establish one of the highest valuations ever recorded for a professiona...
Read Full Article →Japan's Nippon seals controversial US Steel deal after Trump pact
Nippon's acquisition of the US steel company involves a unique government agreement that could impact ownership rights, reflecting strategic financial and regulatory considerations...
Read Full Article →🌎 Don’t expect a rate cut
Current economic indicators suggest that interest rates are likely to remain unchanged, impacting borrowing costs and investment decisions while tax negotiations continue to influe...
Read Full Article →Musk’s xAI nears $9.3bn equity and debt deal
Despite recent personal controversies, the impending $9.3 billion financing arrangement for Musk's xAI highlights continued strong investor confidence and significant capital inflo...
Read Full Article →Trump signs order confirming parts of UK-US tariff deal
The agreement between the United States and the United Kingdom aims to lower import taxes on specific products, including automobiles, potentially influencing trade costs and econo...
Read Full Article →23andMe’s founder wins bid to regain control of bankrupt DNA testing firm
Anne Wojcicki’s increased $305 million offer to reclaim the genetic testing company surpasses previous bids, reflecting significant investor confidence despite the firm’s recent de...
Read Full Article →Scale AI's Alexandr Wang confirms departure for Meta as part of $14.3 billion deal
Meta’s substantial $14.3 billion investment in Scale AI includes bringing its founder, Alexandr Wang, on board to support the expansion and advancement of Meta’s artificial intelli...
Read Full Article →MPs call for inquiry into how RedBird Capital is funding £500m Telegraph deal
A group of parliamentarians has requested an investigation into the financial sources behind a significant acquisition of a major media outlet, citing concerns over possible foreig...
Read Full Article →China Deal Keeps High Tariffs In Place, At Least For Now
The ongoing agreement between China and trade partners maintains elevated import duties, impacting costs for businesses and consumers while postponing potential tariff reductions i...
Read Full Article →Trump claims rare earths deal 'done' with China
The agreement between the United States and China could influence global markets by potentially stabilizing supply chains and affecting prices in industries reliant on rare earth e...
Read Full Article →Bitcoin nears new high as Trump says US-China trade ‘deal is done’
Bitcoin's value could increase further if the resolution of trade tensions between the United States and China leads to greater market stability and renewed investor confidence wor...
Read Full Article →US, China Agree on Path for Trade Truce as Trump Says Deal is 'Done'
The agreement between the United States and China to ease trade tensions could potentially stabilize markets and influence global economic conditions by reducing tariffs and foster...
Read Full Article →Payment giant Stripe to buy crypto wallet firm Privy
Stripe's acquisition of Privy highlights its ongoing strategy to expand digital payment services, following its previous $1.1 billion investment in the stablecoin platform Bridge.
Read Full Article →XRP price stalls as Ripple inks deal with $350b asset manager
Despite Ripple Labs securing a partnership with a prominent $350 billion asset management firm, the digital currency's market value remained relatively steady, indicating cautious...
Read Full Article →69-year-old CEO says he turned 19 employees into millionaires after selling the company in a $1 bill...
After selling a majority stake in Dave's Hot Chicken for $1 billion, the 69-year-old CEO enabled 19 employees to achieve millionaire status through their ownership shares.
Read Full Article →Oxford Instruments shares sink as it sells quantum business to US firm
Oxford Instruments' decision to transfer its quantum division to a California company in a £60 million transaction reflects a strategic effort to enhance financial performance and...
Read Full Article →Energy services giant returned to profit before $1bn takeover
Prior to its acquisition valued over $1 billion, the Aberdeen-based energy company achieved a pre-tax profit of $4.4 million and generated numerous employment opportunities during...
Read Full Article →Buyout firms circle corporate intelligence firm G3
Private equity groups are nearing an agreement to acquire a substantial portion of a corporate intelligence company led by Sir John Sawers, highlighting the firm's growing appeal i...
Read Full Article →Dubai real estate sales hit $18B in May amid tokenization push
In May, Dubai’s property transactions reached over $18 billion, driven by advancements in digital asset integration, recent regulatory changes, and a landmark $3 billion blockchain...
Read Full Article →Trump confirms China trip after 'very good' call with Xi
The scheduled visit to China highlights ongoing efforts between the two countries to negotiate terms that could impact global markets and address existing economic tensions.
Read Full Article →US-Boeing deal over 737 Max crashes ‘morally repugnant’, says lawyer for victims’ families
Boeing’s $1.1 billion settlement with the US Department of Justice resolves legal actions related to two fatal 737 Max crashes, involving significant compensation to victims’ famil...
Read Full Article →US-Boeing crashes deal 'repugnant' - lawyer for victims' families
Boeing has agreed to a $1.1 billion settlement to resolve legal claims related to two deadly crashes that resulted in 346 fatalities, avoiding further criminal charges.
Read Full Article →Trump says China’s Xi is ‘extremely hard' to make a deal with
Ongoing difficulties in reaching agreements between the two nations contribute to market uncertainty, potentially affecting trade flows and investment decisions on a global scale.
Read Full Article →Trump says ‘extremely hard’ to make a deal with China’s Xi as trade stalemate fuels calls for leader...
The ongoing disputes between the two nations over trade violations have intensified tensions, potentially impacting global markets and economic growth due to prolonged negotiation...
Read Full Article →Simon Jack: Tariff relief for UK but new clock ticking on US deal
The potential expiration of the UK-US agreement by early July could lead to a significant increase in steel tariffs, affecting trade costs and financial planning for related indust...
Read Full Article →CoreWeave Stock Soars on $7B Data Center Deal With Applied Digital
CoreWeave’s financial value has greatly increased this year due to a substantial agreement that expands its high-performance computing capabilities, reflecting growing demand in th...
Read Full Article →Bitcoin Miners Notch Gains as Meta Signs 20-Year AI Deal With Nuclear Plant
Bitcoin miners experienced increased profitability, potentially influenced by a slight uptick in bitcoin’s value and Meta’s long-term agreement involving advanced technology and en...
Read Full Article →Trump doubles steel tariffs to 50%, touts U.S. Steel-Nippon deal still short on details
The increase in duties on imported steel to 50% aims to protect domestic producers, potentially impacting international trade relationships and influencing the cost structure for i...
Read Full Article →Trump Media & Technology Group Closes Bitcoin Treasury Deal
The recent agreement involving Trump Media & Technology Group and Bitcoin highlights a notable development in digital asset management, potentially influencing the company's financ...
Read Full Article →Elon Musk denies Telegram deal after Durov announces $300m xA integration
The potential collaboration involving a substantial $300 million investment between Telegram and Elon Musk's company remains unclear following Musk’s statement denying a concluded...
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