Five years ago, the $560 bln software developer started by Larry Ellison spent little and reaped a lot. Now it’s plowing 60% of sales into capex and free cash flow is negative. Data-center demand may ...

In fresh signs of trouble for its $8 bln merger with Skydance, Shari Redstone’s media empire lost its CFO and is expanding the board. President Trump’s lawsuit against the CBS News division ...

Europeans like $270 bln LVMH blame ebbing sales in the People’s Republic on waning local demand. Yet $20 bln Laopu Gold’s revenue soared 167% in 2024. The rise of this business will make it hard for ...

Marelli, which supplies parts to Nissan and Stellantis, will restructure some $4.9 bln of debt under US Chapter 11. India’s Motherson may challenge creditors including Strategic Value Partners with a ...

Foreign money managers are pouring into India to cater to the rising rich. Many of them may find success easier to come by than they did in neighbouring China.

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 ...

The $270 bln owner of Louis Vuitton bags, Moët champagne and Hennessy cognac trades at a big discount to the value of its various parts. Its ailing drinks unit brings few synergies and tobacco-like ...

Negotiators agreed for the People’s Republic to resume rare earth supplies in return for nixing punitive measures. Both sides may draw back from intolerable, targeted pain. Yet with 55% levies on ...

Chancellor Rachel Reeves will spend $50 bln on a decade-long plan to boost affordable dwellings. It’s better than previous government subsidies which mainly pushed up prices. Yet any lasting boost to ...

India's money-losing Zepto, which specialises in 10-minute grocery deliveries, has deferred IPO plans as it struggles to cut costs. Rival services from Zomato and Swiggy are bleeding cash as well.

Insurance is becoming the engine of the $17 trillion private asset management industry. For years, buyout barons funded deals with checks from pension funds or college endowments. An M&A <a href=" ...

Michael Saylor-run Strategy perfected the art of tapping the $280 bln convertible bond market to fund buying the cryptocurrency. Upstarts like Trump Media are trying to muscle in on the act. Most ...