Qualcomm strengthens AI portfolio with US$2.4 billion Alphawave deal
US chipmaker Qualcomm agreed to acquire Alphawave for about US$2.4 billion on Monday (Jun 9), as part of efforts to strengthen its AI technology, sending shares of the British…
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Deal
Trump praises GOP senators for reaching deal on spectrum auction in Big Beautiful Bill
President Trump thanked the chairmen of two Senate committees for brokering a deal with GOP Sens. Mike Rounds of South Dakota and Deb Fischer of Nebraska on a provision in his massive…
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg. The sovereign wealth fund is said to be in…
Senate Republicans want to reopen SALT deal but worry about House margins
Senate Republicans are considering whether to lower the House-proposed $40,000 cap on the federal deduction for state and local taxes, known as SALT, as they work on changes to President…
Trump Whines About How Hard It Is to Make a Trade Deal With China
The Navy documents also list other ships that are being considered for renaming. They include USNS Thurgood Marshall, USNS Ruth Bader Ginsburg, USNS Harriet Tubman, USNS Dolores Huerta,…
John Malkovich, Fanny Ardant’s ‘Mr. Blake at Your Service’ Lands U.S. Distribution Deal With Sunrise Films (EXCLUSIVE)
Sunrise Films has picked up U.S. distribution rights to “Mr. Blake at Your Service,” the France-set comedy-drama starring John Malkovich, Fanny Ardant and the late Émilie Dequenne, with…
China considers ordering hundreds of Airbus jets in major deal
China is considering placing an order for hundreds of Airbus aircraft as soon as next month, when European leaders visit Beijing to celebrate the countries’ long-term ties, according to…
Toyota to take key supplier private in US$33 billion deal
Toyota Motor will take forklift-maker Toyota Industries private in a US$33 billion deal, the companies said on Tuesday (Jun 3), a landmark unwinding of cross-shareholding that is likely to…
Trump celebrates Nippon Steel 'deal' with rally at Pennsylvania plant
US President Donald Trump on Friday (May 30) lauded a “partnership” between Nippon Steel and US Steel at a political rally but stopped short of clarifying whether he planned to approve the…
Trump hails Nippon-U.S. Steel deal for saving 100,000 American jobs
President Trump touted the partnership deal he helped broker between U.S. Steel and Japan's Nippon Steel, saying the alliance will boost manufacturing and keep an iconic company under…
Elon Musk Tried to Sabotage a Trump Deal With a Rival Company
“What are you refer—foreign visas for what? Are you talking about for colleges?” Trump asked. The reporter replied in the affirmative, to which Trump said, “OK, so you’re off of Israel, so…
New Balance, Men in Blazers to Highlight Soccer Stars in Partnership Deal
New Balance is turning its sights on soccer. The sports brand is partnering with Men in Blazers Media Network, or MIBMN, the largest soccer-focused media country in North America, on a…
Which Celebrity Beauty Brand Will Spark the Next Billion-Dollar Deal?
Hailey Bieber’s skin care brand Rhode just struck an agreement to be acquired by E.l.f. Beauty in a deal valued at a whopping $1 billion. The deal comes just three years after the model…
E.l.f. Beauty to acquire Rhode, Hailey Bieber’s skincare brand, in $1 billion deal
E.l.f. Beauty (NYSE: ELF) announced on Wednesday that it has signed a definitive agreement to acquire Rhode, the beauty brand founded by Hailey Rhode Bieber, alongside its Q4 earnings for…
U.S. government to have control in Nippon Steel-U.S. Steel deal, Trump and McCormick say
U.S. Sen. David McCormick said Tuesday that an arrangement that will allow Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of board members from…
Radu Jude’s Berlin Winner ‘Kontinental ’25’ Lands U.K., Ireland Distribution Deal With Sovereign (EXCLUSIVE)
Sovereign has acquired U.K. and Ireland rights to “Kontinental ’25,” the latest film from Romanian auteur Radu Jude that won the Silver Berlin Bear for best screenplay at February’s Berlin…
Buyout on Hold: Seven & i investors eye execution before backing deal or strategy
The annual meeting of Seven & i Holdings shareholders is likely to be a low-key event, despite the drama surrounding a company facing a takeover proposal by Alimentation Couche-Tard, the…
Europe: Stocks recover after Trump delays EU tariffs in hopes of deal
EUROPEAN shares kicked off the week on a positive note on Monday, recouping the previous session’s losses, as markets heaved a sigh of relief after US President Donald Trump delayed his…
The NBA Playoffs Have Been a Gift to League’s TV Partners as New Rights Deal Looms
The 2025 NBA playoffs have been nothing short of a gift to the league’s incoming TV rights holders. NBCUniversal and Amazon Prime Video executives must be swooning with every three-pointer…
Four energy companies from Malaysia, Singapore, Vietnam ink deal to explore clean energy export from Vietnam
Alliance reflects growing momentum towards a regionally integrated Asean Power Grid Four energy companies from Malaysia, Singapore and Vietnam have inked an agreement to explore the export…
Trump backing for Nippon Steel deal comes with big questions
After more than 17 months of lobbying and close-fought negotiations to secure control of United States Steel, Japan’s Nippon Steel appeared on Friday (May 23) to have received a…
US Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
The US Justice Department said on Friday (May 23) it has struck a deal in principle with Boeing to allow it to avoid prosecution in a fraud case stemming from two fatal 737 MAX plane…
FTC drops final challenge to Microsoft’s $69B Activision Blizzard deal
Three years after suing to block Microsoft from buying one of the biggest names in video games, the U.S. government is finally giving up. The FTC announced plans Thursday to drop a…
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3 billion, two…