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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...
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