Tether launches private credit fund in effort to boost stablecoin useFT · 15h
‘I am the house now’: Bessent warns traders not to bet against yenFT · 15h
Bessent Jawboning Risks Raising Expectations BOJ Can’t MeetBBG · 17h
10 of the Best Financial Advisor Companies: Well-Known Fiduciary Investment Firms to ConsiderWSJ · 18h
JPMorgan CEO Dimon Meets UK Leaders as Windfall Bank Tax ConsideredBBG · 19h
How to fix the brittleness caused by Treasury basis tradesFT · 20h
FirstFT: Oil hits $100 as fears rise over global suppliesFT · 21h
Aster Eyes Latin America, Africa as Mideast Flows FallBBG · 21h
Watch the AI Boom’s Weakest LinkWSJ · 21h
Chinese Regulators Seek Higher Bar for Humanoid-Robotics ListingsWSJ · 21h
Silver Lake to merge French software groups in €10bn dealFT · 21h
The High-Stakes Gamble Playing Out in the Natural-Gas MarketWSJ · 22h
Tech
Huawei vs Apple and Musk ‘Chinamaxxes’FT · 42m
Drone Deal Kicks Off Consolidation in Ukraine’s 500-Company IndustryWSJ · 3h
EU social media ban to test fragile truce with TrumpFT · 3h
Silicon Valley bets on the impossible againFT · 3h
My First Impressions of the New Folding iPhone DuoWSJ · 7h
My First Impressions of the New Folding iPhone DuoWSJ · 7h
How Would AI Actually Kill Us All? What to Know About the AI Doomsday DebateWSJ · 7h
How Would AI Actually Kill Us All? What to Know About the AI Doomsday DebateWSJ · 7h
New AI health tools need ‘L-plates’, says UK reviewFT · 8h
Apple’s new chief Ternus unveils foldable iPhone from $1,999FT · 8h
Star AI Researcher Is Leaving MetaWSJ · 9h
Drone almost struck Zelenskyy’s plane, says UkraineFT · 9h
Republicans Kick Off Midterm Rally in TexasWSJ · 9h
Opinion | AI May Become the Third SuperpowerWSJ · 10h
Top US official named to OpenAI non-profit board warns advanced AI could be ‘deadly’FT · 10h
Meet Deere’s JD, an AI Assistant Aimed at Helping Farmers—and Its SalesWSJ · 11h
Apple Debuts New Foldable iPhone Duo, New CEO and New (Higher) PricesWSJ · 11h
Apple Debuts New Foldable iPhone Duo, New CEO and New (Higher) PricesWSJ · 11h
The Case for Saving Every AI ChatWSJ · 12h
AI labs test the rigour of credit rating agenciesFT · 13h
Anthropic Researcher Quits Over ‘Out-of-Control’ AI FearsWSJ · 14h
Anthropic Researcher Quits Over ‘Out-of-Control’ AI FearsWSJ · 14h
Huawei Faces U.S. Criminal Trial Weeks Before Trump-Xi MeetingWSJ · 14h
Choose your own adventure, career editionFT · 15h
America Leans on Fusion Breakthroughs to Turbocharge Its Nuclear Weapon ArsenalWSJ · 16h
America Leans on Fusion Breakthroughs to Turbocharge Its Nuclear Weapon ArsenalWSJ · 16h
Peter Thiel-Backed AI Startup Cognition Raises Funds at $48 Billion ValuationWSJ · 16h
States That Gave Data Centers Billions in Tax Breaks Are Now Ripping Up the DealsWSJ · 17h
More Money Than They Ever Imagined—and No Clue How to Spend ItWSJ · 17h
Is China Stealing American AI? Why ‘Distillation’ Has Washington Up in ArmsWSJ · 19h
Silver Lake to merge French software groups in €10bn dealFT · 21h
Thiel-backed start-up to mass-produce ‘deep strike’ missiles in Europe and USFT · 21h
Anthropic researcher quits over AI labs ‘gambling with our lives’FT · 22h
Deal Flow
M&A / Strategic
Poste Italiane raised its cash-and-stock takeover offer for Telecom Italia by 5% to $13.2B20h
GE Aerospace agreed to buy castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75B20h
PE-backed Florida-based lender EverBank Financial will merge with PWN-based peer WaFd in a $3.9B reverse merger20h
Anthropic walked away from a $6B acquisition of real-world AI model startup Decart AI20h
Blackstone is exploring a $2B sale of medical-grade skincare company ZO Skin Health20h
CVC is exploring a $2B sale of personal care rollup Arthea, which counts Dr Teal's in its portfolio20h
Canada's Tamarack Valley Energy agreed to buy Headwater Exploration in a $2.3B all-stock deal20h
PE firm Cerberus is nearing a $1.4B deal for the defense unit of $2B-listed UK engineering group Goodwin20h
LVMH-linked PE firm L Catterton will buy a controlling stake in fitness competition brand Hyrox from Switzerland-based Infront Sports & Media at a $700M valuation20h
Fintech Chime will acquire nationally chartered Stride Bank for $590M20h
Italian PE firm Renaissance Partners will buy yacht interiors maker De Wave from Platinum Equity for $465M20h
Czech activist investor Starteepo built a 7.3% stake in $420M-listed office solutions firm Xerox and is pushing for a review of its financial services business20h
Philippine property developer Vista Land & Landscapes is looking to sell assets to meet debt obligations, including a $420M bond due next year20h
CBRE Investment Management acquired Cerberus' net-lease real estate business Tenet Equity for $1.6B20h
Clinical laboratory giant Labcorp agreed to acquire specialty laboratory provider MLM Medical Labs20h
Robinhood will take minority stakes in Crypto.com's crypto exchange and prediction markets business as part of a prediction markets partnership20h
Volkswagen is considering divesting motorcycle maker Ducati as part of its restructuring20h
Italian lender UniCredit acquired a minority stake in German credit markets fintech VC Trade20h
Miner Rio Tinto agreed to acquire the Aurukun bauxite project in Australia from Glencore and Mitsubishi Development20h
VC
Europe's biggest AI startup Mistral raised a $3.5B round at a $24.5B post-money valuation led by Samsung, EU's Scaleup Europe Fund, and PSG Equity20h
AI coding startup Cognition raised a $2B Series E at a $48B valuation led by a16z, Accel, Founders Fund, General Catalyst, and Avenir20h
Rocket launch startup Stoke Space raised a $1B Series E at a $10B valuation led by Point72 Ventures and Spark Capital20h
Enterprise banking fintech Ramp is in early talks to raise a $1B round at a $60B valuation20h
UK drone startup Uforce is in talks to raise a $500M round at a $5B valuation led by Valor Equity Partners20h
The Exploration Company, a European reusable-space startup, raised a $450M Series C co-led by Atomico and the EQT-managed Scaleup Europe Fund20h
Celero Communications, an AI infrastructure semiconductor company, raised a $275M Series C at a $3B valuation led by Atreides, Valor Equity Partners, and CapitalG20h
Split Pay, a lending startup focused on rent and mortgage lending, raised $125M across a Series A and Series B led by Khosla Ventures, Thrive Capital, and Affirm CEO Max Levchin20h
TabaPay, a money movement platform, raised a $155M growth round led by FTV Capital20h
Forus, an AI network connecting doctors, pharmacies, payers and biopharma, raised a $150M Series C at a $3B valuation led by Bain Capital Ventures20h
Poseidon Aerospace, an uncrewed cargo aircraft startup, raised a $60M Series A led by TQ Ventures20h
Bluecore Energy, a small nuclear reactor startup building floating barges, raised a $50M seed round led by Silverton Partners20h
Antioch, a robotics simulation platform, raised a $32M Series A led by Greylock Partners20h
Blee, a marketing compliance software for financial services, raised $27M across a seed and Series A led by Fin Capital and SMBC20h
IPOs / Listings / Issuances / Block Trades
Amazon acquired rights to buy $4B of Qualcomm stock as part of a $60B AI chip deal20h
National Stock Exchange of India is likely to price its downsized India IPO below a marketed range to raise $2.5B at a $46.6B valuation20h
Chinese chipmaker Longsys raised $903M in an upsized Hong Kong listing priced at a 44% discount to its China trading20h
Nuclear supplier Holtec is seeking to raise $900M at a $10.2B valuation in an IPO20h
Danish energy company Andel Holding is looking to sell a 1.6% stake worth $467M in Danish wind farm company Orsted just one year after its investment20h
Torrent's gas distribution arm Torrent Gas filed updated papers for its $418M India IPO20h
Warburg Pincus-backed Singaporean telecoms tech firm Circles Group plans to spin off its digital software services platform for several hundred million dollars20h
Australian data center company Firmus Technologies is starting investor meetings for an Australia IPO20h
SPAC / SPV
Nuclear services firm HGP Intelligent Energy will merge with Meshflow Acquisition at a $1.2B valuation20h
Telecom infrastructure firm Gibson Technical Services will merge with NMP Acquisition Corp. at a $400M valuation20h
Debt
SoftBank is sounding out interest for a $10B-$20B dollar junk-bond sale20h
Lenders including Bank of America and Deutsche Bank launched a $3.3B debt sale to back Platinum Equity's 50% purchase of Nestle's water business for $2.9B20h
Saudi smart city project NEOM raised $3B in financing from HSBC, Bank of China, Crédit Agricole JPMorgan, Bank of America, and others20h
Indian conglomerate Reliance Industries plans to raise $1.3B in its first local FX bond sale since 202120h
Amazon hired banks for a debut sterling bond sale20h
Bankruptcy / Restructuring / Distressed
Clearlake-backed specialty materials manufacturer Alkegen filed for Chapter 11 bankruptcy with plans to eliminate $3.1B of debt20h
Senegal will seek to negotiate a debt reprofiling instead of a restructuring in talks with creditors to make its loans sustainable and qualify for an IMF bailout20h
Saudi's PGA rival LIV Golf filed for Chapter 11 bankruptcy after SWF PIF pulled funding with players in advanced talks to take control of the business and BC Partners and others in talks to provide exit financing20h
Funds / Secondaries
a16z added $1.75B of fresh capital to its fifth growth fund, increasing its size to $8.5B just months after closing20h
UK PE firm Cinven raised $2.7B for its second strategic MM fund20h
Nordic PE firm Axcel raised $2.4B for its eighth flagship fund20h
UK PE firm Bridgepoint raised a $1.4B private credit CV led by Pantheon Ventures20h
PennantPark Investment Advisers raised a $745M MM private credit CV led by Pantheon Ventures20h
Lower MM PE firm Tyree & D'Angelo Partners raised $650M for its fourth fund20h
New York Life-owned MM PE firm Apogem Capital raised $600M for its eleventh PE fund20h
UK venture debt firm Claret Capital raised $510M for its fourth European growth debt fund to back 'less sexy' startups20h
Singapore SWF Temasek's real estate arm CapitaLand Investment is seeking to raise $500M for its third APAC credit program20h
VC investor TrueBridge Capital Partners raised $508M for its second secondaries fund20h
Gainline Capital Partners raised a single-asset CV for gym equipment provider Core Health & Fitness led by StepStone20h
Reforma
Cambia el INE el rosa mexicano por el lilaNacional · 4h
Fallaría Pemex en autosuficiencia financieraNegocios · 6h
Liga SEP baja comprensión lectora a uso de pantallasPortada · 6h
iPhone Duo encabeza las novedades del Apple EventPortada · 8h
Evalúa SEP a modoPortada · 20h
Van contra deducciones para elevar recaudaciónPortada · 20h