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GBO CorrespondentJuly 24, 2026

Wall Street’s mega-IPO boom is reviving blank-cheque market

GBO CorrespondentJuly 24, 2026
A Special Purpose Acquisition Company, or SPAC, is essentially a shell company...
AnthropicChamath PalihapitiyaIPOOpenAISPACSpaceXSpecial Purpose Acquisition CompanyWall Street
GBO CorrespondentJuly 24, 2026

SpaceX IPO and the rise of the Mag8

GBO CorrespondentJuly 24, 2026
The combined tally of Tesla and SpaceX treasuries now makes Elon Musk...
BitcoinBitcoin ETFBlockchainCoinbase GlobalCryptoElon MuskIPOMag8SpaceXStrive
GBO CorrespondentJuly 24, 2026July 24, 2026

Meta’s $145 billion AI bet to make Facebook a conversational platform

GBO CorrespondentJuly 24, 2026July 24, 2026
Meta is rebuilding its products from the ground up, replacing the old...
AI ModeEditsFacebookFacebook MessengerInstagramInstagram reelsMetaMeta OneSegment Anything Model 3Whatsapp
GBO CorrespondentJuly 24, 2026

Switzerland vs UBS: A-Z of the ‘Capital Standoff’

GBO CorrespondentJuly 24, 2026
If UBS were to stumble the way Credit Suisse did, the consequences...
Capital RequirementsCET1 CapitalCommon Equity Tier 1Credit SuisseFederal CouncilKarin Keller-SutterSergio ErmottiSwitzerlandUBSYouGov
GBO CorrespondentJuly 24, 2026July 24, 2026

CI affirms Qatar’s long term currency rating at AA, issues stable outlook

GBO CorrespondentJuly 24, 2026July 24, 2026
Qatar's gross official reserves stood at USD 72 billion in June 2026,...
CI RatingsCurrency RatingLong-Term Foreign Currency RatingLT Local Currency RatingQatar
GBO CorrespondentJuly 24, 2026July 24, 2026

Blackstone’s AI bet pays off as assets hit USD 1.35 trillion

GBO CorrespondentJuly 24, 2026July 24, 2026
Carrying on its heavy AI bets, Blackstone is joining peer Apollo in...
AnthropicArtificial IntelligenceBlackstoneBlackstone Digital Infrastructure TrustBlackstone ProfitsLiftoff Mobile
GBO CorrespondentJuly 24, 2026July 24, 2026

As it plays ‘quantum catch-up,’ IBM buys HRL Laboratories in strategic acquisition

GBO CorrespondentJuly 24, 2026July 24, 2026
IBM is rivalling Google and Microsoft in creating quantum machines that can...
BoeingGeneral MotorsgoogleHRL LaboratoriesIBMIBM Quantum ComputingInternational Business MachinesmicrosoftQuantam Computing
GBO CorrespondentJuly 23, 2026July 22, 2026

Goldman creates platform giving wealthy clients access to private company investments

GBO CorrespondentJuly 23, 2026July 22, 2026
Wealthy investors increasingly seek access to privately held companies, where startups stay...
Alternative Capital MarketsGoldman SachsIPOMatt DohertyPrivate Wealth
GBO CorrespondentJuly 23, 2026July 22, 2026

After Microsoft’s investment commitment, Mistral draws interest from Samsung

GBO CorrespondentJuly 23, 2026July 22, 2026
Samsung could reportedly invest about 1 billion euro in the new round,...
ASMLmicrosoftMistralMistral FundingSamsungScaleup Europe Fund
GBO CorrespondentJuly 23, 2026July 22, 2026

Egypt to launch investment funds to accelerate GDP growth

GBO CorrespondentJuly 23, 2026July 22, 2026
The industrial investment fund will focus on priority sectors, including machinery, low-voltage...
African Investment FundAIFEgyptMohamed FaridMostafa MadboulyNational Initiative to Enhance Exports from Governorates
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The ‘Brexit Bill’ United Kingdom is still payingBrexit has caused missed growth opportunities, suppressed investments, higher prices, and constrained ambition…

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