Banks behind the rockets-to-AI venture’s $2 trln IPO are now ballparking market caps ​as much as 400% ​higher in fawning new reports. Oddly, ⁠the wilder the target, the ​lower the revenue estimates.

Venezuela sits on the world’s largest oil reserves, yet pumps a meager fraction of them. Creditors may soon confront that ...

UniCredit CEO Andrea Orcel's lowball ​Commerzbank offer may ​leave him with a big ⁠stake in his €43 ​bln prey. But he ​can’t merge, extract the full cost savings or totally control ​the board. Still, ...

Samsung ‌and SK Hynix are turning to multi-year contracts to protect earnings in the cyclical chip ​market. It's prudent given their $2 ​trln spending plans and warnings of ⁠faltering AI demand. But ...

Alphabet, Microsoft and ⁠rival giants are ​set to spend ​some $5 trln by 2030 to dominate artificial ​intelligence. Funding ...

LONDON, July 6 (Reuters Breakingviews) - Segro spurned the $130 bln US landlord’s ‌recent offer as too low. The real question is how much Prologis can pay before buying its target looks less ...

Retail backers fleeing from a $300 bln complex of illiquid loan vehicles are hitting limits on withdrawals. Vulture ⁠funds offering to buy them out at a discount have a way to set a reasonable price.

In less than two years, the US conglomerate has ‌unveiled a spinoff, endured an Elliott siege and split itself. Now one of the companies is paying $15 bln to buy a chemicals peer. For all the churning ...

The budget airline ‌may accept the US investment firm’s latest offer, worth £5.5 bln. It gives shareholders an ​exit that captures much of the ​laggard’s potential recovery. The bidder may think ⁠it ...

The Comcast-owned group agreed a £1.6 ‌bln deal for the UK broadcaster’s TV business. If regulators assent, the next question is whether the ​left-behind studios unit is predator or prey. ​Bankers ...

Genesis’ near-$4 bln bid for ‌Aussie peer Vault pips an offer from rival Regis with the help of cash consideration. It helps ...