Breaking

Murdoch Seals Deal, Leaving Lachlan In Charge

Rupert Murdoch has executed what may be his final and most decisive deal, ensuring his eldest son Lachlan succeeds him a... Read more

Oracle Market Value Up By $200bn On AI Cloud Boom

Oracle’s shares jumped by nearly 40 per cent on Wednesday after the company unveiled a sharp rise in bookings tied to ... Read more

Klarna Secures $15bn Valuation

Swedish payments group Klarna has secured a $15.2bn valuation in its long-delayed US initial public offering, pricing sh... Read more

UK Start-ups Confront Seed Funding Squeeze

UK start-ups confront seed funding squeeze as capital shifts abroadSmall businesses are the backbone of Britain’s econ... Read more

AustralianSuper Doubles Down

Australia’s biggest pension fund is preparing a major expansion of its private equity exposure, betting that the secto... Read more

Anthropic Rockets To $170bn Valuation

San Francisco artificial intelligence company Anthropic has secured one of the largest venture funding rounds in history... Read more

Apollo Looks At Costa Coffee

Coca-Cola is exploring strategic options for Costa Coffee, the British café chain it acquired in 2018, amid underwhelmi... Read more

Rising Gilt Yields Puts UK In IMF Zone

Rachel Reeves faces the prospect of imposing further large tax increases this autumn after a sharp rise in government bo... Read more

Gerko Earns Record £682mn As XTX Markets

Alex Gerko, founder of XTX Markets, received a personal payout of £682mn last year from the profits of his electronic... Read more

Klarna Revives IPO Despite Wider Losses

Klarna has reported a wider quarterly loss as the Swedish fintech gears up for a second attempt to list in New York, hop... Read more

Phoenix Debt Deal Opens Australian Expansion Drive

Phoenix Group, the UK’s largest savings and retirements business, has launched its first investment in Australia with ... Read more

Canvas $42bn, Justified?

Got it — I’ll prepare a 1,000-word Breaking News article on Canva’s $42bn valuation share sale, keeping to the GFM... Read more

Liberty Global Restructuring Push Continues

Liberty Global is preparing to spin out “one or more” of its subsidiaries within the next two years, chief executive... Read more

China To Subsidise Consumer Loans

China’s finance ministry will cover part of the interest payments on some consumer loans, in the latest attempt to boo... Read more

So We Have An Example

Perplexity is backed by high-profile investors including SoftBank, Nvidia and Amazon founder Jeff Bezos. The company’s... Read more