DOGE says it’s saved $55 billion in federal spending, but data show it’s much less
The federal cost-cutting effort dubbed the Department of Government Efficiency says it has saved $55 billion in federal spending so far, but...
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Bain matches CC Capital’s offer for Australia’s Insignia Financial at $1.92 billion By Reuters
(Reuters) -Insignia Financial said on Thursday it has received an improved offer from U.S.-based Bain Capital to acquire the money...
Skydance, Paramount dismiss objections to planned $8.4 billion merger By Reuters
(Reuters) - Skydance Media and Paramount Global on Thursday defended their planned $8.4 billion merger, urging the Federal Communications Commission...
US to send $1.25 billion in weapons to Ukraine
WASHINGTON — The United States is expected to announce that it will send $1.25 billion in military assistance to Ukraine,...
Amicorp Group denies alleged fraud of over $7 billion in Malaysia’s 1MDB scandal By Reuters
KUALA LUMPUR (Reuters) -Corporate services provider Amicorp Group has denied allegations it knowingly facilitated more than $7 billion in fraudulent...
AI startup Databricks hits $62 billion valuation in record VC round By Reuters
(Reuters) -Databricks has secured a $62 billion valuation after raising $10 billion in one of the largest venture capital funding...
US Black Friday online sales hit record $10.8 billion By Investing.com
US consumers likely set a new spending record this Black Friday with $10.8 billion in purchases, as reported by Adobe...
Volkswagen India hit with $1.4 billion tax evasion notice
German car manufacturer Volkswagen (ETR:)'s Indian subsidiary has been served with a tax evasion notice by Indian authorities, alleging the...
Affinity buys two Southeast Asian companies for $1.65 billion, sources say By Reuters
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG (Reuters) - Affinity Equity Partners, a Hong Kong-based buyout firm, has concluded...
India’s Adani Group sees $30 billion in value wiped off after US indictments By Reuters
By Sethuraman N R and Bharath Rajeswaran (Reuters) - Shares of Adani Group companies lost about $28 billion in market...
Korea Zinc attempts to fend off takeover with $1.5 billion share buyback By Reuters
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Korea Zinc said on Monday it has secured 9.85% of the...
Volkswagen weighs wage cuts, bonus reductions in push to save 4 billion euros
BERLIN (Reuters) - Volkswagen (ETR:) is exploring a series of cost-cutting measures for its core brand, including a 10% wage...
Sanofi in exclusive talks with CD&R over sale of $17 billion Opella By Reuters
By Dominique Patton PARIS (Reuters) -French drugmaker Sanofi (NASDAQ:) said on Monday it had entered exclusive talks to sell a...
Berkshire Hathaway raises $1.9 billion in Samurai bonds, term sheet shows By Reuters
By Scott Murdoch and Junko Fujita (Reuters) -Warren Buffett's Berkshire Hathaway (NYSE:) has raised 281.8 billion yen ($1.9 billion) in...
Exclusive-EQT-backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say By Reuters
By Milana Vinn NEW YORK (Reuters) - Fiber network owner Zayo Group and buyout firm TPG are competing to acquire...
