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