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SpaceX wins tax exemption for $55bn AI chip plant despite local backlash
Elon Musk’s Terafab plant sparks fierce opposition and threat of legal action from residents of Texas county
Senior official from Germany’s AfD meets top Kremlin associates
Executives hold talks with far-right party, which leads German polls and supports restarting gas flows through Nord Stream
SpaceX Seeks $75 Billion in Record IPO to Fund AI, Launch
SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk’s rocket, satellite …
Saudi wealth fund replaces foreign CEOs with locals
Public Investment Fund focuses on domestic investments ahead of country hosting 2034 World Cup
Partners Group limits withdrawals at private equity fund for wealthy individuals
Swiss private capital firm caps redemptions from its $8.6bn flagship vehicle
Private Credit Faces ‘Pipeline of Defaults,’ Holly Kim Says
Glendon Capital co-founder Holly Kim explains why the private credit industry stands to see a big “backlog of defaults” away from any economic dislocations or …
Vanguard’s VOO Hits $1 Trillion of Assets in ETF Industry First
A seemingly endless appetite for buying US stock dips has propelled Vanguard Group’s S&P 500-tracking ETF past $1 trillion in assets, making it the first …
Ares CEO Arougheti Says the Private Credit Market Isn't Broken
Ares Management co-founder and CEO Michael Arougheti says the private credit market remains strong and the recent stress in the private credit market is tied …
Oil Gains as US-Iran Clashes Cloud Peace Deal Outlook
Oil rose for a third day as a fresh exchange of strikes between the US and Iran cast doubt on the prospects of a peace …
Inotiv, Breeder of Laboratory Animals, Files For Bankruptcy
Inotiv Inc., which breeds dogs and imports monkeys that are used in drug experiments, filed for bankruptcy in part on what it blamed are tighter …
Trump’s tariff threats spark political storm in Brazil
President Lula lashes out at lead election rival Flávio Bolsonaro over US lobbying effort
Nissan signs deal with China’s Chery for Sunderland car production
Future of UK’s largest car plant was thrown into doubt by massive restructuring of Japanese group
Google parent Alphabet upsizes record-breaking equity raise to $85bn
Tech giant launches first stock offering in more than two decades in effort to fund AI spending
Vanguard fund becomes first ETF to top $1tn in assets
Rapid growth shows volume of passive money ready to buy IPOs such as SpaceX and Anthropic
Meta bets on AI agents to unlock WhatsApp revenues
Mark Zuckerberg expands group’s AI push as it seeks to turn messaging app into bigger business
Options Traders Look Past Jobs Data as Inflation Takes Spotlight
Wall Street traders expect a strong jobs report on Friday. That may not be enough to soothe them, as the war-fueled oil price shock increasingly …
Nestle Buys Out Yfood Founders in First Acquisition for New CEO
Nestle SA is taking full control of ready-to-drink meal maker yfood Labs GmbH, bolstering the company’s push to focus on faster-growing brands, according to people …
S. Korea’s Ruling Party Set for Big Election Win, Poll Shows
South Korea’s ruling Democratic Party is on track to win a clear majority of key local offices in a nationwide vote, providing President Lee Jae …
What Henry Nowak’s murder does — and does not — tell us …
Kemi Badenoch says his killing needs to be seen as a ‘Stephen Lawrence moment’ but the failures in both cases differ
India Stays ‘Engaged’ With US as Trump Proposes New Tariffs
India said it remains in talks with the US after Washington proposed fresh tariffs on imports from major trading partners, adding that negotiations on a …
US proposes tariffs of at least 10% after forced labour probe
White House makes first significant effort to resurrect sweeping tariffs since its defeat at US Supreme Court
China Picks State Firm to Help Coordinate Mining Deals Abroad
China has chosen a new state investment company to help coordinate its overseas metals and mining deals, and counter mounting geopolitical risks that threaten its …
India Central Bank Says Report on Selling Gold Is Incorrect
India’s central bank said a report that it’s selling gold is “not correct,” pointing to data showing its physical stock of gold has remained unchanged.
OECD warns of ‘dark scenario’ if Gulf energy crisis drags on
Growth rates would tumble to levels rarely seen outside of major global events such as the Covid-19 pandemic
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