US companies cut a record 52 deals with hedge funds like Elliott and Jana last year, in what is an increasingly reflexive ...

The Munich Security Conference showed a bloc focused on weaning itself off US might. Yet a market full of national champions, ...

A Macquarie unit is paying $8.3 bln for logistics firm Qube. UniSuper complicated matters by nearly tripling its stake to 15%. It's now joining the buyout, not stopping it as AusSuper did to ...

The telecom unit of Mukesh Ambani's Reliance is delivering strong profit after the tycoon's price wars created a duopoly. Now he aims to reduce AI inferencing costs to the lowest in the world. His ...

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Shares in the $240 bln beauty giant fell 7% after it missed sales expectations. Trouble in the People’s Republic may prompt ...

After CEO David Solomon backed top lawyer Kathy Ruemmler, despite her links to the sex offender, she is now leaving. When a ...

Air France took a $220 mln hit as tourists shunned Paris during the 2024 Olympics. The North American soccer meet is a chance ...

Public markets fret that artificial intelligence both requires unsustainable spending and will replace all software. OpenAI’s top rival embodies the tension: its valuation is reasonable on a 2028 ...

The 222-year-old family-backed fund manager agreed to a $14 bln takeover by US peer Nuveen. The timing is odd given a low ...

The $86 bln lender's shares rose 10% to a record high on improved earnings. That's mostly the result of the new CEO's ...