Business
OpenAI has secured a record breaking 110 billion dollars in new funding, more than doubling the size of its previous capital raise and cementing its position at the center of the artificial intelligence race. The deal values the ChatGPT maker at 730 billion dollars before the new money, placing it among......
Jeff Bezos’ artificial intelligence venture Project Prometheus is seeking tens of billions of dollars to build a new holding company that will buy industrial businesses reshaped by AI, deepening the Amazon founder’s latest return to an executive role in the technology sector. The planned......
Japan’s government bond market is offering some of the most attractive returns in years for dollar-based investors using currency hedges, according to BlackRock. The asset manager estimates that buyers of long-dated Japanese sovereign debt can currently secure yields of about 6 percent once the......
Nvidia reported another blockbuster set of quarterly results, yet investors responded with striking restraint as the stock barely moved despite a clean beat on both earnings and guidance. The muted reaction underlined how fully the company’s dominance in artificial intelligence hardware is already......
Stellantis has reported a record €22.3 billion net loss for the 2025 fiscal year, marking the worst result in the automaker’s history. The results reveal the high financial toll of dismantling its costly electric vehicle expansion strategy, a move that led to €25.4 billion in charges......
Finland’s IQM Quantum Computers has agreed to merge with Real Asset Acquisition Corp, a US-listed special purpose acquisition company, in a deal that would take the quantum hardware maker public at an equity valuation of about 1.8 billion dollars. The transaction, which remains subject to approval......
Pakistan has signed an agreement with the United States to jointly redevelop the iconic Roosevelt Hotel in midtown Manhattan, unlocking the potential of one of Pakistan’s most valuable overseas real estate investments. The pact follows approval from Pakistan’s cabinet and involves a memorandum......
U.S. Secretary of State Marco Rubio is continuing his European tour with visits to Slovakia and Hungary, two countries led by political figures who maintain close ideological ties with President Donald Trump. The diplomatic trip follows Rubio’s address at the Munich Security Conference, where......
The chief legal officer of Goldman Sachs has announced her resignation following renewed public scrutiny over her past professional relationship with convicted sex offender Jeffrey Epstein. The Wall Street bank confirmed that Kathryn Ruemmler will step down from her role at the end of June. Her decision......
Palo Alto Networks on Tuesday completed its $25 billion acquisition of CyberArk, positioning identity security at the core of its strategy as enterprises grapple with the rapid expansion of artificial intelligence agents across corporate networks. The deal, first announced in July 2025, is the largest......
Josh D’Amaro, who is set to become chief executive of The Walt Disney Company in March, is considering launching new Disney films directly within the video game Fortnite, signaling a major expansion of the entertainment giant’s partnership with Epic Games. The proposal, first reported by......
Shares in Taiwan Semiconductor Manufacturing Company rose sharply after the world’s largest contract chipmaker reported record revenue for January and as reports suggested the United States is considering tariff exemptions tied to investment commitments by the company. Investor optimism was also......
Sultan Ahmed bin Sulayem, the chief executive of global logistics group DP World, maintained a long-running stream of personal and professional emails with convicted sex offender Jeffrey Epstein for more than a decade after Epstein’s 2008 conviction, according to documents released by the United......
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