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Oracle co-founder Larry Ellison has stepped in to personally guarantee US$40.4 billion in Paramount Skydance’s latest effort to pry Warner Bros Discovery away from selling its prized…
The streaming giant plans to tap capital markets to further reduce its bridge facility and extend its debt maturities Netflix has refinanced part of a US$59 billion bridge loan to support…
James Cameron’s sci-fi epic “Avatar: Fire and Ash” loomed large over the global box office with $345 million, a robust start that’s nonetheless a significant decline from its predecessor.…
Corporate governance reforms aimed at improving shareholder returns are helping to transform the country into a hive of activity IT HAS been a record year for deals involving Japanese…
SoftBank Group is racing to close a US$22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some investments, and could tap…
TESLA CEO Elon Musk’s net worth surged to US$749 billion late Friday (Dec 19) after the Delaware Supreme Court reinstated Tesla stock options worth US$139 billion that were voided last…
Including dividends, total returns for the STI and S-Reits reached 26.7% and 14.4%, respectively With seven trading days remaining in 2025, the Straits Times Index (STI) has delivered a…
A DELEWARE appeals court cleared the way Friday for tech CEO Elon Musk to receive a long-contested US$56 billion Tesla pay package, reversing an earlier judgment in the long-running case.…
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new markets. The…
The U.S. has made $1.3 billion so far from the sale of immigration gold cards, Commerce Secretary Howard Lutnick said. Source link
The group currently manages seven airports across the country, with plans to aggressively bid for 11 more [MUMBAI/NEW DELHI] India’s Adani Enterprises plans to aggressively bid for 11…
President Trump signed the National Defense Authorization Act into law Thursday, ensuring the Pentagon gets a whopping $901 billion for fiscal year 2026. Source link
Lululemon Athletica founder Chip Wilson has been agitating for change, and the outspoken critic now has activist investor Elliott Investment Management weighing in on a potential chief…
The Trump administration has announced a massive package of arms sales to Taiwan valued at more than $10 billion that includes medium-range missiles, howitzers and drones, drawing an angry…
Under the deal, shareholders of both companies will own about 50% of the combined entity US President Donald Trump’s social media firm is entering the fusion-power business through a US$6…
Activist investor Elliott Management has amassed a stake of more than US$1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to revive the struggling…
Missouri's top prosecutor said China is suing after the state pressed federal officials for help collecting on a roughly $25 billion court judgment related to the COVID-19 pandemic. Source…
The proposed $85 billion merger of Union Pacific and Norfolk Southern railroads has lost the support of two unions that represent more than half their workers over concerns it will…
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations Oracle’s largest data centre partner, Blue Owl Capital, will not…
The private equity firm beat rival firms Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg Pincus on Wednesday (Dec 17) announced that it has…
The private equity firm beat rivals Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg Pincus on Wednesday (Dec 17) announced that it has signed…
Apollo Global Management is exploring a potential sale of its aviation company Atlas Air Worldwide Holdings, according to sources familiar with the matter. The US investment firm is in the…
Japan’s Mizuho Securities on Wednesday (Dec 17) said that it will buy a majority stake in Indian investment bank Avendus from US investment firm KKR for up to 81 billion yen (S$675…
WARNER Bros Discovery’s board could announce a decision as early as Wednesday on Paramount Skydance’s US$108.4 billion takeover bid, with the board likely to advise shareholders to vote…
