Israel struck the Islamic Republic just as it was discussing a US nuclear deal that could have eased tensions. Much depends on how and where Tehran responds. Spare Saudi capacity can offset short-term ...

BPCE, the Paris-based mutual, is buying Novo Banco for 6.4 bln euros. The valuation looks reasonable, and Lisbon seems on board after selling shareholder Lone Star turned the lender around. It’s a ...

The porn-heavy platform is in talks to sell to a US investor group. An $8 bln valuation implies a lower multiple than the likes of Spotify, despite OnlyFans’ fat margins. Still, given the risk that a ...

Investors in emerging market stocks get biblical returns. Seven years of plenty are often followed by seven lean ones. The ...

In fresh signs of trouble for its $8 bln merger with Skydance, Shari Redstone’s media empire lost its CFO and is expanding ...

Five years ago, the $560 bln software developer started by Larry Ellison spent little and reaped a lot. Now it’s plowing 60% ...

The world’s largest asset manager aims to boost revenue 75% by 2030, buoyed by tech and private markets. Yet this bakes in a ...

The world’s largest money managers led by BlackRock are vying to cater to the country’s rising rich. Though the market is ...

CEO Alberto Nagel’s move to snap up a rival wealth group has boosted his $19 bln bank’s stock, making a hostile offer from rival MPS less attractive. Yet key votes and his own unpredictable ...

Europeans like $270 bln LVMH blame ebbing sales in the People’s Republic on waning local demand. Yet $20 bln Laopu Gold’s ...

Marelli, which supplies parts to Nissan and Stellantis, will restructure some $4.9 bln of debt under US Chapter 11. India’s ...

Negotiators agreed for the People’s Republic to resume rare earth supplies in return for nixing punitive measures. Both sides ...