Mubadala takes stake in Chin’s Luckin Coffee in USD 1 billion deal
Abu Dhabi sovereign investor deepens China exposure as coffee chain expands rapidly...
GBO Correspondent
Silver Lake, Intel-backed Altera eyes one of the largest semiconductor listings
The offering, worth over USD 2 billion, would mark one of the...
Abu Dhabi-based investment major BlueFive takes 30% of Bugatti Rimac
The deal makes UAE investment firm the hypercar maker’s second-largest shareholder and...
UAE to invest 40 billion euro in Germany as Berlin looks for new geopolitical partners
The 40-billion-euro (USD 46.48 billion) sum will complement the UAE's existing investment...
Another high-profile exit in HSBC as CFO Pam Kaur to step down in 2027
Kaur, the British lender's first female finance chief in its over 160-year...
China’s DeepSeek taps CITIC Securities for IPO amid talent loss
DeepSeek seeks fresh capital to fund computing infrastructure, model development, and talent...
Kenya to get USD 400 million World Bank assistance to fight Ebola, El Nino
Kenya applied for the World Bank's emergency financing facility, known as a...
Fintech Chime to buy nationally chartered Stride Bank for USD 590 million
Chime's shares, which are up over 28% this year, jumped nearly 10%...
Diversifying its funding source, Amazon to tap sterling bond market
Hyperscalers are increasingly selling bonds across the global markets, with the goal...
Boeing hands over 51 jets in August as Airbus maintains delivery lead
Boeing had a dismal Dreamliner delivery rate, handing over only four in...