The supplier of everything from gauze to wheelchairs raised more than $6 bln at a $39 bln valuation, the biggest market debut ...

Buyout-fund backers often wonder whether managers are marking their portfolios too generously. Häagen-Dazs's $18 bln unlisted ...

Shares in the lender run by Brian Moynihan have trailed many of its big rivals in past years, while the valuation discount to ...

The cloud-to-e-commerce giant may invest $10 bln in the ChatGPT developer. That’s eye-catching: Amazon has deep ties with OpenAI rival Anthropic. Still, the AI race has become less about the models ...

The buyout firm's return on selling its majority stake in boutique investment bank Avendus to the Japanese lender may be as low as 10%. That may seem easy to beat as M&A and capital-raising in the ...

The central bank will buy $40 bln of Treasury bills. Many officials, including some who may soon lead the institution, dislike its bloated balance sheet which keeps the market flooded with $3 trln of ...

The artificial intelligence boom will upend how chips are made. For decades, the majority of the world’s semiconductors have been built on know-how developed by two players. That is starting to change ...

The Chinese developer with $51 bln in interest‑bearing debt is on the brink of default two years after a Shenzhen government ...

Brussels dropped a de facto 2035 ban on combustion engine cars. The rules are still stringent, however, making more Ford-style $20 bln writedowns unlikely. The problem is that governments may now be ...

The $122 bln energy giant’s shares have doubled in the past year amid an AI power boom. Yet investors value US peer GE ...

Restrictive US trade practices last seen a century ago confoundingly have not led to a recession. Despite concerns about the cost of living, limited layoffs are keeping consumers spending, pushing up ...

Sanae Takaichi took office vowing to tackle rampant inflation, even though her fiscal ambitions look more likely to hasten price rises if successful. Concerns that Japan’s new prime minister could ...