Business
ASML Invests in Mistral AI, Boosting French Startup’s Valuation to $13.8 Billion
ASML, Europe’s leading semiconductor equipment manufacturer, has made a strategic investment in French artificial intelligence startup Mistral, valuing the company at approximately $13.8 billion. The deal not only strengthens...
Business
China’s Export Growth Slows Sharply as U.S. Trade Pressures Mount
China’s export momentum weakened significantly in August, with total outbound shipments rising just 4.4% from a year ago — the slowest pace since February...
Local News
Tech Giants Surge to Record $21 Trillion Valuation After Antitrust Win, AI Deals
The U.S. tech sector had a blockbuster week, as market optimism fueled by court victories and major AI developments pushed the combined value of...
Business
BBVA Secures Final Approval to Launch $17.4 Billion Takeover Offer for Sabadell Shareholders
Spain's second-largest lender, BBVA, has cleared the final regulatory hurdle in its attempt to acquire rival Banco de Sabadell, paving the way for the...
Business
Nippon Steel Withdraws Lawsuit Over US Steel Deal Dispute
Company ends legal fight against Cleveland-Cliffs and steelworkers’ union leaders after failed $14 billion acquisition attempt**
Nippon Steel has officially dropped its federal lawsuit against...
Business
TCS Secures €550 Million Deal to Drive Digital Transformation for Scandinavian Insurer Tryg
Tata Consultancy Services (TCS) has signed a €550 million (approximately $590 million) deal with Tryg, one of the leading non-life insurance providers in Scandinavia....
Business
CapVest to Acquire Majority Stake in Stada, Valuing Pharma Giant at €10 Billion
CapVest has struck a deal to acquire a controlling stake in German pharmaceutical firm Stada Arzneimittel AG, in a transaction that values the company...
Business
BYD Shares Tumble as China’s EV Price War Squeezes Profits
BYD, the world’s largest electric vehicle (EV) manufacturer, saw its shares drop by up to 8% in Hong Kong on Monday following disappointing quarterly...
Business
Egypt Inks $340 Million Oil and Gas Deals to Revive Exploration Efforts
Egypt has signed four oil and gas exploration agreements valued at over $340 million with major international energy companies, including Eni, Shell, and the...
Business
DuPont Sells Kevlar and Nomex Business to Arclin in $1.8 Billion Deal
DuPont has announced the sale of its Kevlar and Nomex business to Arclin, a portfolio company backed by private equity firm TJC, in a...
Business
Sompo Holdings Acquires Aspen Insurance in $3.5 Billion Deal
Japan’s Sompo Holdings has agreed to acquire Aspen Insurance Holdings for approximately $3.5 billion in cash, marking a significant expansion of its global insurance...