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Dubai’s Emaar Properties PJSC is considering plans to take over its listed construction arm in a potential multibillion-dollar deal, according to people familiar with the matter.
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Mati Staniszewski co-founder and chief executive officer of voice AI startup ElevenLabs, says he'd "love to IPO" in the future. "IPO of course is not an end in itself," Staniszewski says during an interview with Tom Mackenzie at Bloomberg…
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Source: Bloomberg, 6:17
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“You might not believe in climate change, but your insurance company does” is a common joke about climate change. Because obviously the companies that pay claims after weather disasters are well aware the planet has grown hotter and more…
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Source: Bloomberg, 4:18
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Jitania Kandhari, deputy CIO of the solutions and multi-asset group at Morgan Stanley, discusses the ongoing correction in AI-related stocks, noting that investors’ priorities have shifted. "I think the markets are now saying not AI at any…
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Banks marketing a €550 million ($616 million) loan refinancing for European energy infrastructure and services company Iqony have pulled the deal after failing to garner enough investor interest amid wider market turmoil.
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German metalworkers are stepping up nationwide stoppages as labor officials pursue wage increases and stronger job protections, escalating a dispute affecting about 3.7 million employees.
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Air India is exploring adding more widebody aircraft, marking a notable shift in strategy as the carrier’s new leader pushes to reclaim market share and targets long-term growth.
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Asda named David Potts, former head of rival supermarket Morrisons, as chief executive officer to revive the struggling British grocer.
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The world remains in a volatile situation: There’s unrest in France over its deteriorating finances, and big political changes are potentially afoot in the US and Israel. Then there’s the ongoing war with Iran, including increased attacks…
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JPMorgan Chase & Co. is eyeing Europe’s planned grid overhaul as a significant opportunity to strike infrastructure deals, in a move that builds on the bank’s ambition to dominate grid finance in the US.
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Brazil’s farming sector was already battling record breaking defaults. Last week’s election results only deepen the gloom for growers hoping for a swift turnaround for one of the nation’s most important economic forces.
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Energy companies need to plan for disruption to be a permanent feature of their businesses, building backup capacity, diversifying supply routes and refocusing investment on security, top executives said at the industry’s largest…
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Prime Minister Andy Burnham has denied proposing a return to free movement of people with the European Union, as his ambition to begin a conversation about potentially reversing Brexit surfaced concerns within his cabinet.
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Source: Bloomberg, 0:00
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Turkey’s sovereign wealth fund is buying stakes in Togg from two of the electric carmaker’s original investors, in deals that value President Recep Tayyip Erdogan’s flagship industrial project at $900 million.
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Companies have confronted investors with news of thousands of job cuts this earnings season as CEOs react to the rise of AI and the need to reduce costs.
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Violent protests by garment workers demanding higher wages entered a fourth day in Bangladesh, threatening production in one of the world’s biggest apparel-exporting nations as demonstrators clashed with police.
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Oman, a Middle Eastern sultanate that rarely draws much attention, is scoring billions of dollars in economic growth and emerging as a big regional winner from the Iran war.
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Source: Bloomberg, 4:25
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Nate Silver tells us he is calling this midterms the “rock and a hard place election” — the background conditions are great for Democrats to win both the House and the Senate, but for that to come to pass, the party has to pull off some…
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The wife of a former Swiss drugs firm chairman, who admitted to making thousands of francs on insider trading, said her husband should be cleared of any charges because he never directly told her about a positive clinical trial that made…
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