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BLOOMBERG NEWS REPORT
Uber in advanced talks on Delivery Hero takeover, Bloomberg News reportsUber is reportedly in advanced acquisition talks with Delivery Hero. An agreement could be reached as soon as this week. The deal would lik...- Samsung Electronics denies report that it is exploring US listingSamsung Electronics denied exploring a U.S. listing of American Depositary Receipts. Bloomberg News had reported preliminary discussions wi...
- Global Markets: Shein eyes up to $3 billion Hong Kong IPO as soon as August, Bloomberg News reportsFast-fashion powerhouse Shein is gearing up for an initial public offering in Hong Kong, aiming to secure between two to three billion doll...
- Trump administration is planning to launch its own airline just to deport immigrantsThe Department of Homeland Security is developing its own aircraft fleet to support deportation operations and emergency response missions....
- Ships pass through Strait of Hormuz in secret as US and Iran trade strikesFollowing renewed US-Iran fighting, observable ship traffic in the Strait of Hormuz has halted, replaced by vessels making secret "dark cro...
- Nippon Paint offers $8.6 billion for AkzoNobel unit, Bloomberg News reportsNippon Paint has reportedly made new offers for AkzoNobel's decorative paints unit. The latest proposal values the business at approximatel...
- Strait of Hormuz remains open despite Iran's closure declaration, maritime group saysThe vital shipping lane through the Strait of Hormuz remained operational, defying Iran's earlier announcements of a closure. While commerc...
- SoftBank, fintech firm PayPay in talks to invest in retail giant Seven & i: ReportThe investment will likely total several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, may also ...
- Global Market | Tencent explores stake in AI Startup Manus after China challenges Meta deal: ReportsTencent is in talks to become the largest shareholder in AI startup Manus as investors seek to buy back the company from Meta after Chinese...
- Starbucks taps tech's wonder kid and serves Microsoft, IBM a cold brewStarbucks is developing artificial intelligence tools internally to replace existing software. These new applications could replace systems...
- Goldman bans staff from participating in finance, politics prediction markets, source saysGoldman Sachs has prohibited staff from trading prediction market contracts. These contracts are linked to financial markets and political ...
- OpenAI's AGI deployment chief Fidji Simo to step down after medical leave"Three months ago, I had to go on medical leave after a severe exacerbation of a chronic illness I've lived with for seven years. During th...
- Blue Tokai brews up competition with Starbucks in India’s potential $1.15 billion market: ReportSpecialty coffee chain Blue Tokai plans to triple its store count to 800 by FY30. The company aims to open 120 new cafes this financial yea...
- Weak monsoon dries up India's hydropower as dam output records sharpest fall in over two yearsIndia's hydropower generation significantly dropped in June due to a delayed monsoon. Shrinking reservoir levels limited water availability...
- Amazon aims to raise $25 billion from bond sale, Bloomberg News reportsAmazon is set to secure a minimum of twenty-five billion dollars through a U.S. bond initiative. This strategic decision is aimed at bolste...
- Amazon aims to raise $25 billion from bond sale, Bloomberg News reportsAmazon plans to raise at least twenty-five billion dollars through a new bond sale. This move aims to fund the company's significant invest...
- ElevenLabs explores employee stock sale at $22 billion valuation: reportAI startups engaged in fierce competition for talent have been increasingly letting employees sell stock as they race to retain and attra...
- Crusoe in talks to raise $3 billion funding: reportThe startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend bill...
- Meta building cloud business to sell excess AI capacity, Bloomberg News reportsMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
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