News

Electricity-guzzling server farms helped spike prices in the country’s largest power market 11-fold in two years. Soaring ...
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% ...
Chinese internet firms are finally bringing their fierce rivalry to Hong Kong. The market is small. Yet the Asian hub ...
The Wall Street firm is paying $196 mln for the UK boutique co-founded by Simon Robey. The danger in such transactions is that rainmakers leave. A six-year earnout helps, but for the buyer the upside ...
Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss and strategy in place, HSBC could use a diplomatic Asia expert happy to ...
WeWork’s latest push for an initial public offering sounds a bit too familiar. The coworking space’s India affiliate is preparing for a Mumbai share sale. It has improved on the business model of its ...
Union Pacific’s $85 bln acquisition of Norfolk Southern would forge a coast-to-coast line, with touted boons for US ...
Shares in the $247 bln obesity drugmaker fell over 20% after it said sales would grow more slowly than expected. Competition ...
The EU made a vague promise to pump $600 bln into the United States as part of its tariff pact. Details are skimpy, but on ...
The oilfield services giant will pay $13.6 bln to top a rival suitor for cryogenic-kit maker Chart. While costly, it aids a pivot to industrial gear from volatile oil exploration, opening access to ...
After landing on the moon, Firefly Aerospace is counting down to a listing that might value the firm at $5 bln. It’s punchy ...
The $10 bln EV maker’s shares have risen by some 40% this month as it grows sales of new, cheaper models. Success is crucial ...