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US: Stocks end at record highs after Fed rate cut, Nvidia-Intel deal
US EQUITY indices finished at fresh records on Thursday following the Federal Reserve’s first interest rate cut of 2025 while Intel surged…
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Deal
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Any TikTok Deal Must Separate It from China | National Review
The administration, having long flouted the law, now appears poised to evade it permanently. Source link
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China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers
China on Wednesday called the framework deal reached in Madrid to switch short-video app TikTok to US-controlled ownership a “win-win” and…
Business
Binance nears deal to escape compliance monitor imposed by DOJ
The Justice Department has not made a final decision on the monitorship, which has a three-year duration Binance Holdings, the world’s…
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Eritrean man wins block on removal to France under 'one in, one out' deal
An Eritrean man who arrived in the UK by small boat has won a last-minute legal claim to temporarily block his removal to France. The…
Business
Brookfield in talks to buy Yes! Communities from Singapore’s GIC in US$10 billion deal, FT reports
Brookfield Asset Management is in talks to buy Yes! Communities, a US landlord of manufactured homes, from Singaporean sovereign wealth…
Business
Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure
MICROSOFT and OpenAI said on Thursday they have signed a non-binding deal for new terms of their relationship that would allow OpenAI to…
Business
Boeing Defence, union reach tentative deal to end strike
BOEING Defence and the machinists union have reached a tentative deal to end a five-week-long strike in the St. Louis area, union…
Business
Alibaba leads Chinese tech funding spree with US$3.2 billion deal
The proceeds will be spent on various purposes, including scaling up its data centres, upgrading technology and expanding international…
Business
BlackRock gets US$10 billion financing for Aramco deal: sources
The majority of the financing is a seven-year loan facility, which could later be refinanced in the bond market A group led by BlackRock’s…
Business
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23% Vividthree Holdings…
Business
Anglo American agrees to buy Teck in deal reshaping mining
Anglo American has agreed to acquire Canada’s Teck Resources, creating a more than US$50 billion company in one of the biggest mining…
Business
Singapore early-stage emerging tech startups see 14% rise in deal volume, but funds raised slip 8%
There were 56 deals in 2024, up from 49 a year ago, though funding raised dipped from US$402 million to US$371 million Singapore’s early…
Business
Microsoft signs Nebius cloud deal worth up to US$19.4 billion
The Redmond, Washington-based company is focused on building new data centres and equipping them with expensive servers and networking…
Business
Bank Indonesia, government allay concerns that 'burden sharing' deal will reduce independence
Indonesia’s government and central bank sought to allay concerns on Monday (Sep 8) about their unusual collaboration to fund government…
Business
What’s the Deal with U.F.O.s?
I ran these notions by Arlan Andrews, a retired mechanical engineer and author who is the founder and director of SIGMA, a think tank of…
Business
Meta’s backstop is linchpin for US$26 billion AI data-centre deal
When Meta Platforms turned to lenders to secure US$26 billion in debt funding for the construction of a sprawling new data centre, one key…
Business
Bank Indonesia to raise interest paid on government deposits under ‘burden sharing’ deal
Indonesia’s central bank said it had agreed on a “burden sharing” arrangement with the government where it will raise the interest rates…
Business
Google keeps Chrome and Apple deal but must share data in big antitrust ruling
GOOGLE won’t have to sell its Chrome browser, a judge in Washington said on Tuesday, handing a rare win to Big Tech in its battle with US…
Business
Apple gains on US ruling that spares search deal with Google
Apple shares gained in late trading after a US judge stopped short of barring its lucrative search arrangement with Google, a deal that…
Business
Rothschild boosts Middle East wealth efforts with Liechtenstein deal
Rothschild is set to take over the United Arab Emirates subsidiary of the Liechtensteinische Landesbank (LLB), bolstering its presence in…
Business
Robin Westman: Transgender Minneapolis School Shooter's Mom Not Cooperating With Investigators and Has Hired Defense Lawyer to Deal with Case
The mother of transgender Minneapolis mass shooter Robin Westman is refusing to cooperate with authorities in the ongoing investigation —…
Business
Temasek unit, Nexus ink deal to acquire stakes in Post Advisory
Post Advisory Group has reached a deal with Nexus Capital Management and a Temasek Holdings subsidiary that will reshape the ownership…
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Jay Cutler: Former NFL Star Gets Jail Time after Cutting Plea Deal in DUI Arrest in Tennessee
Jay Cutler has agreed to serve a short jail sentence as part of a plea deal with prosecutors to resolve his DUI case in Tennessee. The…