Dollar Eyes Seven-Month Low as Bessent Remarks Spur Yen RiseBBG · 9h
Richemont Names Chairman Johann Rupert’s Son as Nonexecutive Co-Deputy ChairmanWSJ · 9h
Oil nears $100 as US launches new strikes on Iranian tankersFT · 9h
Europe Gas Prices Rise Above €80 for First Time Since 2023BBG · 9h
CVC Names TPG’s Todd Sisitsky as Co-CEOWSJ · 10h
Norway’s oil fund says what everyone is thinkingFT · 11h
The clock is ticking on Senegal’s ‘total return swaps’FT · 11h
Wheat Drops to Two-Week Low Ahead of US Supply, Demand ReportBBG · 12h
BP and Shell’s strategy counterpointFT · 12h
AI borrowing boom shakes up Swiss credit marketFT · 12h
Iran turns to crypto to shore up economyFT · 12h
Revolut takes aim at business banking with FTSE 250 companiesFT · 12h
Bolivia Central Bank Sells Dollars to Curb FX VolatilityBBG · 13h
CVC hires TPG’s second-in-command Todd Sisitsky as co-CEOFT · 15h
Gold Trims Gains as Yields Push Higher After Treasury BuybackBBG · 17h
Block Applies to Establish Builders Bank & TrustWSJ · 18h
Stocks Fall as Oil Jump, Treasury Plan Lift Yields: Markets WrapBBG · 18h
Crude Tops $101 as US-Iran War Escalates With Tankers TargetedBBG · 18h
Opinion | The SEC Unmuzzles Jamie DimonWSJ · 18h
WSJ Dollar Index Falls 0.08% to 94.91WSJ · 19h
Financial Services Roundup: Market TalkWSJ · 19h
U.S. Stocks Fall After Saudi Oil Facilities HitWSJ · 19h
Oil Near $100 Threatens U.S. Stocks’ Stellar RunWSJ · 19h
Anthropic and OpenAI bankers push for top-tier credit ratings post-IPOFT · 19h
Chile Central Bank Slashes Economic Growth OutlookBBG · 19h
Opinion | How to Make Life Hard for Small BanksWSJ · 19h
Investors led by L Catterton to buy controlling stake in HyroxFT · 20h
Canada’s Tariffs Take EffectWSJ · 20h
What to Know About Anthropic’s Planned IPOWSJ · 21h
Stocks Slip as Oil Pares GainsWSJ · 22h
Tech
Apple to Debut New Foldable iPhone, New CEO and New PricesWSJ · 38m
America Leans on Fusion Breakthroughs to Turbocharge Its Nuclear Weapon ArsenalWSJ · 1h
Peter Thiel-Backed AI Startup Cognition Raises Funds at $48 Billion ValuationWSJ · 1h
States That Gave Data Centers Billions in Tax Breaks Are Now Ripping Up the DealsWSJ · 1h
More Money Than They Ever Imagined—and No Clue How to Spend ItWSJ · 2h
A Quieter Kind of AI BreakthroughWSJ · 3h
Analog Devices to Acquire Alif Semiconductor for $1.35 BillionWSJ · 3h
Huawei Faces U.S. Criminal Trial Weeks Before Trump-Xi MeetingWSJ · 3h
Is China Stealing American AI? Why ‘Distillation’ Has Washington Up in ArmsWSJ · 4h
Is China Stealing American AI? Why ‘Distillation’ Has Washington Up in ArmsWSJ · 4h
Readers Respond to Audit and AI Advice; More Trade Disruptions AheadWSJ · 5h
Google to Invest $15 Billion in AI Infrastructure in FinlandWSJ · 6h
Silver Lake to merge French software groups in €10bn dealFT · 6h
Thiel-backed start-up to mass-produce ‘deep strike’ missiles in Europe and USFT · 6h
Anthropic researcher quits over AI labs ‘gambling with our lives’FT · 7h
Gaming group Evolution’s own report found it made money in banned marketsFT · 9h
Europe turns to carbon capture in bid to clamp down on emissionsFT · 11h
Anthropic withheld latest AI model from UK testing agencyFT · 12h
Investors pay steep fees for access to DeepSeek fundraisingFT · 14h
OpenAI faces competing claims around maths breakthroughFT · 16h
Anthropic Researcher Quits Over ‘Out-of-Control’ AI FearsWSJ · 16h
Anthropic Researcher Quits Over ‘Out-of-Control’ AI FearsWSJ · 16h
U.S. Launches New Round of Strikes on Iranian Oil TankersWSJ · 18h
Anthropic and OpenAI bankers push for top-tier credit ratings post-IPOFT · 19h
Opinion | The AI Agent RubiconWSJ · 19h
What You Can Do to Protect Your Family From SextortionWSJ · 19h
What You Can Do to Protect Your Family From SextortionWSJ · 19h
Meta unveils AI personal assistant linked to WhatsApp and InstagramFT · 19h
The End of the Captcha? Not So FastWSJ · 20h
Meta Launches a Personal AI Agent Designed to Be Easy to UseWSJ · 21h
Meta Launches a Personal AI Agent Designed to Be Easy to UseWSJ · 21h
UK says it will force tech giants to stop children sharing nude imagesFT · 22h
OpenAI Says It Has Solved a Millennium Prize Problem—a Holy Grail of MathWSJ · 23h
How Shopify’s Push into AI Is Working OutWSJ · 23h
Deal Flow
M&A / Strategic
Poste Italiane raised its cash-and-stock takeover offer for Telecom Italia by 5% to $13.2B5h
GE Aerospace agreed to buy castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75B5h
PE-backed Florida-based lender EverBank Financial will merge with PWN-based peer WaFd in a $3.9B reverse merger5h
Anthropic walked away from a $6B acquisition of real-world AI model startup Decart AI5h
Blackstone is exploring a $2B sale of medical-grade skincare company ZO Skin Health5h
CVC is exploring a $2B sale of personal care rollup Arthea, which counts Dr Teal's in its portfolio5h
Canada's Tamarack Valley Energy agreed to buy Headwater Exploration in a $2.3B all-stock deal5h
PE firm Cerberus is nearing a $1.4B deal for the defense unit of $2B-listed UK engineering group Goodwin5h
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 valuation5h
Fintech Chime will acquire nationally chartered Stride Bank for $590M5h
Italian PE firm Renaissance Partners will buy yacht interiors maker De Wave from Platinum Equity for $465M5h
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 business5h
Philippine property developer Vista Land & Landscapes is looking to sell assets to meet debt obligations, including a $420M bond due next year5h
CBRE Investment Management acquired Cerberus' net-lease real estate business Tenet Equity for $1.6B5h
Clinical laboratory giant Labcorp agreed to acquire specialty laboratory provider MLM Medical Labs5h
Robinhood will take minority stakes in Crypto.com's crypto exchange and prediction markets business as part of a prediction markets partnership5h
Volkswagen is considering divesting motorcycle maker Ducati as part of its restructuring5h
Italian lender UniCredit acquired a minority stake in German credit markets fintech VC Trade5h
Miner Rio Tinto agreed to acquire the Aurukun bauxite project in Australia from Glencore and Mitsubishi Development5h
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 Equity5h
AI coding startup Cognition raised a $2B Series E at a $48B valuation led by a16z, Accel, Founders Fund, General Catalyst, and Avenir5h
Rocket launch startup Stoke Space raised a $1B Series E at a $10B valuation led by Point72 Ventures and Spark Capital5h
Enterprise banking fintech Ramp is in early talks to raise a $1B round at a $60B valuation5h
UK drone startup Uforce is in talks to raise a $500M round at a $5B valuation led by Valor Equity Partners5h
The Exploration Company, a European reusable-space startup, raised a $450M Series C co-led by Atomico and the EQT-managed Scaleup Europe Fund5h
Celero Communications, an AI infrastructure semiconductor company, raised a $275M Series C at a $3B valuation led by Atreides, Valor Equity Partners, and CapitalG5h
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 Levchin5h
TabaPay, a money movement platform, raised a $155M growth round led by FTV Capital5h
Forus, an AI network connecting doctors, pharmacies, payers and biopharma, raised a $150M Series C at a $3B valuation led by Bain Capital Ventures5h
Poseidon Aerospace, an uncrewed cargo aircraft startup, raised a $60M Series A led by TQ Ventures5h
Bluecore Energy, a small nuclear reactor startup building floating barges, raised a $50M seed round led by Silverton Partners5h
Antioch, a robotics simulation platform, raised a $32M Series A led by Greylock Partners5h
Blee, a marketing compliance software for financial services, raised $27M across a seed and Series A led by Fin Capital and SMBC5h
IPOs / Listings / Issuances / Block Trades
Amazon acquired rights to buy $4B of Qualcomm stock as part of a $60B AI chip deal5h
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 valuation5h
Chinese chipmaker Longsys raised $903M in an upsized Hong Kong listing priced at a 44% discount to its China trading5h
Nuclear supplier Holtec is seeking to raise $900M at a $10.2B valuation in an IPO5h
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 investment5h
Torrent's gas distribution arm Torrent Gas filed updated papers for its $418M India IPO5h
Warburg Pincus-backed Singaporean telecoms tech firm Circles Group plans to spin off its digital software services platform for several hundred million dollars5h
Australian data center company Firmus Technologies is starting investor meetings for an Australia IPO5h
SPAC / SPV
Nuclear services firm HGP Intelligent Energy will merge with Meshflow Acquisition at a $1.2B valuation5h
Telecom infrastructure firm Gibson Technical Services will merge with NMP Acquisition Corp. at a $400M valuation5h
Debt
SoftBank is sounding out interest for a $10B-$20B dollar junk-bond sale5h
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 $2.9B5h
Saudi smart city project NEOM raised $3B in financing from HSBC, Bank of China, Crédit Agricole JPMorgan, Bank of America, and others5h
Indian conglomerate Reliance Industries plans to raise $1.3B in its first local FX bond sale since 20215h
Amazon hired banks for a debut sterling bond sale5h
Bankruptcy / Restructuring / Distressed
Clearlake-backed specialty materials manufacturer Alkegen filed for Chapter 11 bankruptcy with plans to eliminate $3.1B of debt5h
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 bailout5h
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 financing5h
Funds / Secondaries
a16z added $1.75B of fresh capital to its fifth growth fund, increasing its size to $8.5B just months after closing5h
UK PE firm Cinven raised $2.7B for its second strategic MM fund5h
Nordic PE firm Axcel raised $2.4B for its eighth flagship fund5h
UK PE firm Bridgepoint raised a $1.4B private credit CV led by Pantheon Ventures5h
PennantPark Investment Advisers raised a $745M MM private credit CV led by Pantheon Ventures5h
Lower MM PE firm Tyree & D'Angelo Partners raised $650M for its fourth fund5h
New York Life-owned MM PE firm Apogem Capital raised $600M for its eleventh PE fund5h
UK venture debt firm Claret Capital raised $510M for its fourth European growth debt fund to back 'less sexy' startups5h
Singapore SWF Temasek's real estate arm CapitaLand Investment is seeking to raise $500M for its third APAC credit program5h
VC investor TrueBridge Capital Partners raised $508M for its second secondaries fund5h
Gainline Capital Partners raised a single-asset CV for gym equipment provider Core Health & Fitness led by StepStone5h
Reforma
Una prueba no define la calidad educativa.- CSPNacional · 17m
Asegura SAT que sólo audita 6% de grandes contribuyentesNacional · 1h
Supera Brent los 100 dólares por escalada en Medio OrienteNegocios · 3h
No pudo viajar Lutnick a CDMX; charla con CSP será virtualNacional · 3h
Evalúa SEP a modoPortada · 5h
Van contra deducciones para elevar recaudaciónNegocios · 5h