News

Italy’s defence firm is growing its armoured vehicle business by buying truck maker Iveco’s military unit. The lowball $2 bln ...
The Tata group has a patchy record of overseas expeditions. Wednesday's all-cash 3.8 billion euros ($4.34 billion) agreed ...
Donald Trump's decision to impose a 25% duty on imports from India may allow the South Asian country to remain a desirable ...
The $34 bln miner is trying to sell loss-making unit De Beers, which was part of its defence against a failed takeover from BHP. CEO Duncan Wanblad may be tempted to demand a glitzy price. But if he ...
Electricity-guzzling server farms helped spike prices in the country’s largest power market 11-fold in two years. Soaring ...
The Japanese automaker's operating loss hit $730 mln last quarter as sales fell 10%. But the company just raised nearly $6 bln in funding, is making progress on its turnaround and US tariffs will be ...
The Facebook owner and Redmond giant are spending billions to dominate machine learning. Their ultimate goals diverge. Microsoft’s strength is selling to enterprises; Meta CEO Mark Zuckerberg touts a ...
Despite pressure from President Trump and increased dissent from fellow governors, Jerome Powell held rates steady above 4.25%. As the impact of existing tariffs and new escalations like a 25% levy on ...
The cybersecurity operator has a history of canny acquisitions, but its pounce on CyberArk – by far its largest – wiped $16 bln off its shares. With a potential return on investment of as little as 1% ...
The Wall Street firm is paying $196 mln for the UK boutique co-founded by Simon Robey. The danger in such transactions is ...
Chinese internet firms are finally bringing their fierce rivalry to Hong Kong. The market is small. Yet the Asian hub ...
Union Pacific’s $85 bln acquisition of Norfolk Southern would forge a coast-to-coast line, with touted boons for US ...