South32 was a sprawling "CrapCo" when spun ‌out of BHP in 2015. The $5.6 bln aluminium sale to Alcoa means departing CEO Graham Kerr has created ​a leaner miner earning most of its ​money from the red ...
Berlin wants to create a retirement fund backed by mandatory contributions to supplement ​the pay-as-you-go system. It could ...
G7 pressure for Beijing ⁠to revalue ​its currency have ​resurfaced but even a 25% increase in the ​yuan would ​not overcome ...
Whiskey distiller ⁠Brown-Forman rejected ​Sazerac’s $15 bln bid ​and ended talks with Pernod-Ricard. Staying independent ...
The electric-two-wheeler company is targeting $180 mln and a $1.8 ​bln valuation. At 17 ​times 2025 free cash flow, ⁠new ...
The ‌Supreme Court shielded central bankers from presidential firing, while letting the White House ​gut every other agency. It's ​a Pyrrhic victory on the eve ⁠of the country's 250th anniversary.
PM-in-waiting Andy Burnham plans to give more power to ​UK cities and regions, ​which raise only 8% of tax ⁠revenues versus a ...
Kunlunxin may bag a $50 bln valuation, up 17-fold in ​months as semiconductor shortages ​continue, accounting for most of its ⁠top owner’s worth. The ​implied 25 times sales is akin ​to listed rivals.
AI advances, policy ⁠support and Unitree's ​dancing humanoids have ​turbocharged an industry with 50 IPOs in ​waiting and ​an ...
This year’s stress test predicted that big US banks would ​lose just 1% of their $3 ​trln of market assets in ⁠a 2008-like ...
Rocket ‌Lab’s space transit business is growing, while Iridium’s satellites throw off cash. Combining them should ​strengthen ...
The UK and US telecom groups ‌will form a 50-50 venture for their international units, with $4 bln of revenue. It shows how ...