The Vietnamese EV maker is selling some R&D assets to founder Pham Nhat Vuong for $1.6 bln. It’ll barely cover a year of cash ...

Growth is set to slow as Beijing’s overcapacity fight takes a toll on investment, while years-long efforts are yet to ...

Chair Ron Burkle will join hotelier MCR and Apollo in taking the swanky members’ club private, months after investor Dan Loeb decried the bid. Insiders already hold most of the equity, making it an ...

Most deals destroy value, but the bourse owner’s 2023 acquisition of software firm Adenza has turbocharged its shares. After the initial $10 bln sticker shock, investors warmed to the promise of ...

Donald Trump is meeting Volodymyr Zelenskiy and European leaders. The risk is the US president does Moscow’s bidding by pushing territorial concessions on his Ukrainian counterpart. If so, Europe ...

The former crypto miner’s business leasing semiconductors for AI models led to talk of an IPO of up to $16 bln in 2024. Last week Northern Data received a buyout bid way below that figure. As with ...

Intel has spent plenty of money trying to compete with Taiwan Semiconductor Manufacturing (2330.TW), opens new tab, better known as TSMC. Over the past three years, it notched nearly $75 billion in ...

To buy out Hong Kong-listed Kangji Medical for $1.4 bln, the private equity firm is teaming up with the founders and the Qataris. Even if minority investors agree to the underwhelming offer aimed at ...

The $54 bln Dutch payment company’s stock slumped 20% after it cut 2025 sales guidance, citing pain from US de minimis rules ...

Chancellor Rachel Reeves’ fiscal hole may exceed 40 bln pounds. Straightforward taxes on the richest might play well ...

The $647 bln group is hiking British obesity jab prices by 170%, a likely response to Donald Trump’s gripes over cheap foreign drugs. But it’s shielding the state-run NHS, and the size of the UK ...