Bloomberg

UniCredit's Commerzbank Bid Passes Milestone With Bafin Nod

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Bafin in late July ascertained the completeness of UniCredit's application to hold more than 30% in Commerzbank, people familiar with the matter said. The ...



Alibaba-Backed 3D-Modeling Startup Vast Is Said to Weigh HK IPO

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Vast, a 3D-modeling startup, is considering an initial public offering in Hong Kong, according to people with knowledge of the matter.



AI Frenzy Splits Venture Capital Into Winners and Have-Nots

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... with knowledge of the matter with knowledge of the matter. It's emblematic of broader struggles across venture capital. Fund investors, known as ...



Blackstone Has Pitched Mega Debt Package for Anthropic Chip Deal

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One initial proposal was for at least $36 billion of debt, according to people with knowledge of the matter. The details, including the size and structure ...



MediaTek-Backed African Fintech PalmPay Eyes Hong Kong IPO

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... with knowledge of the matter with knowledge of the matter. The company is in discussions to raise about $200 million in the funding round, making it ...



Ex-Citadel Duo's Hedge Fund Rises 8.6% During July Stock Swings

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Their FIFTHDELTA hedge fund gained 8.6% in July after adding 5.6% in June, according to a person with knowledge of the matter. The two profitable months ...



Whale Rock Sank 22% as AI Selloff Crippled Hedge Fund Returns

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... person familiar with the matter, who requested not to be identified because the results aren't public. More From Bloomberg. The Allen & Co. Media And ...



Apple's India Sales Top $10 Billion on Widening Retail Push

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Revenue grew at double-digit percentage rate in the 12 months through March from about $9 billion a year earlier, according to a person familiar with the matter ...



Citigroup Readies $2 Billion Debt Deal for KKR's Integer Buyout

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... requested anonymity because the negotiations are private. In addition to Citigroup, Barclays Plc, UBS Group AG and Jefferies Financial Group Inc. will also ...



Anthropic Inks $10 Billion Computing Deal With Cloud Startup

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-backed cloud startup Volta Infra Holdings Ltd., said the people, who requested anonymity as the deal is not public. More From Bloomberg. Anthropic AI Models ...



AbbVie Seeks at Least $8 Billion in Bonds to Fund Apogee Acquisition

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... people with direct knowledge of the matter. More From Bloomberg. Anheuser-Busch InBev NV Brewery Operations Ahead of Earnings. Beer Dynasty Families Sell €731 ...



Chinese Telecom Hack Exposed Data Centers, House Report to Say

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... according to a person briefed on the Select Committee on China's report. Those connections established a link between US telecom companies and the ...



Taiwan's TCC Is Said to Favor London for IPO of European Unit

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London has since emerged as the preferred venue for the potential initial public offering, the people said, who asked not to be identified because the ...



FTC Takes Closer Look at Merger of Vet Products Distributors

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and MWI Animal Health, a unit of Cencora Inc., said the people, who asked not to be identified discussing a confidential probe. The requests seek details on ...



Polymarket Seeks More Than $20 Billion Valuation in Funding Round

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... asked not to be named discussing private information. More From Bloomberg. Zepto Darkstore in Gurgaon. Investors Slash Zepto's Valuation, Delaying India IPO ...



ADM Global Trade Asia Head Alexander Otten Leaves Company

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... asked not to be named as they're not authorized to speak to the media. Top Reads. TikTok Withheld a Safety Feature From Millions. One Died by Suicide. by ...



Billionaires Row in Modi's Neighborhood May Get $100 Million Homes

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... did not want to be named discussing information that isn't public. It would help the steel magnate expand his property by adding a contiguous piece of land ...



US Uses Euros to Buy Yen to Avoid Weaker Dollar, Strategists Say

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... people familiar with the matter told Bloomberg. The New York Fed sold the shared currency to buy yen on behalf of the US Treasury, the Financial Times said ...



Shein Is Said to Weigh Cost Reset for Late Backers Before HK IPO

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... to $64 billion valuation, people familiar with the matter said, as the fast-fashion retailer prepares for a Hong Kong listing at a much lower value.



Japan's Orix to Buy UK Aviation Firm AerFin in $640 Million Deal

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... AerFin Ltd., a UK-based airplane parts company, in a deal worth about ¥100 billion ($640 million) including debt, people familiar with the matter said.



Tudor Hires Mizuho's Rochester as a Macro Strategist in Dubai

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He will start around the end of October or early November, according to people familiar with the matter, who asked not to be identified. Earlier this month ...



Coatue's Hedge Fund Sinks 8% in Worst Drop in More Than a Year

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The fund is still up 14.3% year-to-date, according to a person familiar with the matter, who asked not to be identified because the returns aren't public.



Kuwait July Oil Output Rose to Highest Since Mideast War Began

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Output rose to 1.97 million barrels a day in July, up about 300,000 barrels a day from the previous month, said the people, who asked not to be identified ...



Laos Power Firm Sells Rare Deep-Junk Dollar Bond at 11.125%

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... asked not to be identified discussing information that isn't public. More From Bloomberg. US-ECONOMY-MARKETS. America Is Undergoing a Massive Debt-for-Equity ...



Investors Slash Zepto's Valuation, Delaying India IPO Plans

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... asked not to be identified because the discussions were private. Top Reads. Billionaires Row in Modi's Neighborhood May Get $100 Million Homes. by Ranjani ...



Apple's Incoming CEO John Ternus Rehires Retired Executive ...

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Legros will report to Ternus when he takes the CEO role on Sept. 1, said the people, who asked not to be identified because the personnel change hasn't been ...



Russia Weighs Aid to Sellers After Ukraine Hits E-Commerce Giant

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... a person familiar with the matter said, asking not to be identified because the discussions are private. More From Bloomberg. Ukraine Says It Hit Rosneft's ...



India Eyes More Tax Breaks for Electronics in Win For Apple

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... asked not to be named as the matter is private. Previously, the tax break was to end in 2031. The latest proposal includes electronics products such as ...



FalconX Cuts Staff on Extended Downturn in Crypto Markets

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... asked not to be named while discussing private information. More From Bloomberg. Trump Unveils Sweeping Plan To Revamp Washington Dulles Airport. Capital One ...



AI Chip Designer DeepX's Value Surges to $2.2 Billion in Funding

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The Pangyo-based startup was valued at about 3.14 trillion won ($2.2 billion) in its latest deal, according to people with knowledge of the matter. DeepX ...



Prabowo Eyes Indonesia Central Bank Chief Aligned With His Goals

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... requested anonymity to speak freely for this account. Tensions had been building for some time, with personality and policy differences straining the ...



OpenAI, Anthropic, Google to Join White House AI Safety Meeting

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... on condition of anonymity because it hasn't yet been announced. The recently completed framework springs from a June executive order by President Donald ...



Staveley's Offer for West Ham Stake Tees Up Clash With Kretinsky

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She is offering £150 million ($202 million) for the shares, a person familiar with the matter said, in a move that could lead to her eventually becoming the ...

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