US companies cut a record 52 deals with hedge funds like Elliott and Jana last year, in what is an increasingly reflexive ...

European leaders pledged to derisk from the United States at the Munich Security Conference, while Britain wants to get ...

The Munich Security Conference showed a bloc focused on weaning itself off US might. Yet a market full of national champions, ...

The regulator barred lenders from financing proprietary trades from outfits like Jane Street, triggering a 9% fall in broker shares. Coupled with higher taxes, it signals India is keen to rein in ...

A Macquarie unit is paying $8.3 bln for logistics firm Qube. UniSuper complicated matters by nearly tripling its stake to 15%. It's now joining the buyout, not stopping it as AusSuper did to ...

The telecom unit of Mukesh Ambani's Reliance is delivering strong profit after the tycoon's price wars created a duopoly. Now he aims to reduce AI inferencing costs to the lowest in the world. His ...

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After CEO David Solomon backed top lawyer Kathy Ruemmler, despite her links to the sex offender, she is now leaving. When a ...

Public markets fret that artificial intelligence both requires unsustainable spending and will replace all software. OpenAI’s top rival embodies the tension: its valuation is reasonable on a 2028 ...

Shares in the $240 bln beauty giant fell 7% after it missed sales expectations. Trouble in the People’s Republic may prompt ...

Air France took a $220 mln hit as tourists shunned Paris during the 2024 Olympics. The North American soccer meet is a chance ...

The 222-year-old family-backed fund manager agreed to a $14 bln takeover by US peer Nuveen. The timing is odd given a low ...