Whiskey distiller Brown-Forman rejected Sazerac’s $15 bln bid and ended talks with Pernod-Ricard. Staying independent ...
The electric-two-wheeler company is targeting $180 mln and a $1.8 bln valuation. At 17 times 2025 free cash flow, new ...
Berlin wants to create a retirement fund backed by mandatory contributions to supplement the pay-as-you-go system. It could ...
PM-in-waiting Andy Burnham plans to give more power to UK cities and regions, which raise only 8% of tax revenues versus a ...
China’s Geely effectively controls both automakers. Yet smart-car rules allow $6 bln Volvo to keep selling vehicles in the US, but not the $2.5 bln EV maker. It’s not clear why. But satisfying ...
AI advances, policy support and Unitree's dancing humanoids have turbocharged an industry with 50 IPOs in waiting and an ...
The Supreme Court shielded central bankers from presidential firing, while letting the White House gut every other agency. It's a Pyrrhic victory on the eve of the country's 250th anniversary.
After 15 years of extolling the combination of content and distribution, boss Brian Roberts is splitting NBC Universal from the cable business. The separated parts could be worth 20% more than they ...
The UK and US telecom groups will form a 50-50 venture for their international units, with $4 bln of revenue. It shows how ...
Kunlunxin may bag a $50 bln valuation, up 17-fold in months as semiconductor shortages continue, accounting for most of its top owner’s worth. The implied 25 times sales is akin to listed rivals.
Claude can whip up Excel models and slides faster than a 21-year-old earning $200,000. Yet banks are still hiring new ...
A $52 bln mooted price tag looks cheap for the world’s top venue for equity derivatives by volume. But National Stock Exchange faces a crackdown on its core business following a temporary ban on ...
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