Cheaper oil ​and a search ​for shelter from AI exuberance ⁠are luring foreigners ​back after a record $48 ​bln of outflows over 18 months. But bargains are ​scarce: local mom-and-pop ​investors kept ...

Banks behind the rockets-to-AI venture’s $2 trln IPO are now ballparking market caps ​as much as 400% ​higher in fawning new reports. Oddly, ⁠the wilder the target, the ​lower the revenue estimates.

Venezuela sits on the world’s largest oil reserves, yet pumps a meager fraction of them. Creditors may soon confront that ...

Samsung ‌and SK Hynix are turning to multi-year contracts to protect earnings in the cyclical chip ​market. It's prudent given their $2 ​trln spending plans and warnings of ⁠faltering AI demand. But ...

Alphabet, Microsoft and ⁠rival giants are ​set to spend ​some $5 trln by 2030 to dominate artificial ​intelligence. Funding ...

UniCredit CEO Andrea Orcel's lowball ​Commerzbank offer may ​leave him with a big ⁠stake in his €43 ​bln prey. But he ​can’t merge, extract the full cost savings or totally control ​the board. Still, ...

Retail backers fleeing from a $300 bln complex of ​illiquid loan vehicles are ​hitting limits on withdrawals. Vulture ⁠funds ...

Genesis’ near-$4 bln bid for ‌Aussie peer Vault pips an offer from rival Regis with the help of cash consideration. It helps ...

In less than two years, the US conglomerate has ‌unveiled a spinoff, endured an Elliott siege and split itself. Now one of the companies is paying $15 bln to buy a chemicals peer. For all the churning ...

The budget airline ‌may accept the US investment firm’s latest offer, worth £5.5 bln. It gives shareholders an ​exit that captures much of the ​laggard’s potential recovery. The bidder may think ⁠it ...

The Comcast-owned group agreed a £1.6 ‌bln deal for the UK broadcaster’s TV business. If regulators assent, the next question is whether the ​left-behind studios unit is predator or prey. ​Bankers ...