Navan, whose software helps employees book flights and manage expenses, is seeking a $6 bln valuation in its market debut. Even with that 33% discount to its 2022 private fundraising, it would be ...
On the face of it, chip renters like $70 bln CoreWeave and $30 bln Nebius look fragile if the AI bubble bursts. Their ...
Faults at one of the hyperscaler’s US data centres sparked IT chaos across the Atlantic. It makes it even harder for Big Tech ...
Prices rose at a 3.8% annual rate in September, which was less than economists feared but still too high for comfort. The slow pace of disinflation is keeping consumers depressed. It'll mean that ...
Sanae Takaichi wants to spend a lot of money on Japan, but she also needs to sort out some hefty financial obligations to the United States. The fiscally expansionary prime minister, who took office ...
The streaming giant’s 17% rise in quarterly revenue and chunky operating margin belie a looming threat. YouTube attracts more TV viewers and it’s widening the lead. Netflix bested its rivals in the ...
The duo’s proposed $18 bln buyout of diagnostics firm Hologic is distinctly retro. A giant club deal involving an enormous debt package and an agreement pegged to the fickle loan market recalls ...
Valuing a mania like artificial intelligence is tricky, since the answer changes as froth waxes and wanes. Just ask CoreWeave, now facing opposition to its deal for Core Scientific. The cost-cutting ...
Chairman Helge Lund and six independent directors will step down after a row with the $245 bln Ozempic maker’s largest investor. Novo Nordisk's recent woes make board upheaval a net positive. But the ...
The Bank of England may launch a stress test on the $3 trln market for bilateral debt, per Bloomberg. Recent credit blowups, ...
Eleven years after being fined $9 bln by the US for sanction-busting, the lender has to pay plaintiffs for aiding the African ...
The $4 bln Donald Trump and Anthony Albanese pledged to bulking up mining and processing of rare earths and elements used to ...
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