ByteDance signs deal to create TikTok US joint venture
TikTok’s Chinese owner, ByteDance, has signed binding agreements with three major investors to form a new joint venture that will operate TikTok’s US app, a move aimed at averting a…
Why US banks are still wary of cannabis despite Trump’s policy shift
President Donald Trump’s move to relax federal marijuana regulations has been welcomed by the US cannabis industry, but it has not changed the sector’s most persistent challenge.Access to mainstream banking…
Morning brief: EU backs Ukraine with $105B loan, TikTok strikes US JV deal
European policymakers, global markets, and Washington delivered a flurry of closely watched developments on Friday that underscored shifting geopolitical and financial dynamics. From a major European Union funding commitment to…
Adani Group plans $11B investment in airports, eyes IPO by 2028
Billionaire Gautam Adani’s conglomerate plans to invest more than $11 billion in its airports business by the end of the decade, as it looks to expand its footprint across India’s…
MUFG to acquire 20% stake in Shriram Finance in India’s largest financial sector FDI
Japan’s Mitsubishi UFJ Financial Group (MUFG) will acquire a 20% stake in Shriram Finance Ltd for $4.4 billion, marking the largest cross-border investment ever in India’s financial sector, the Indian…
Here’s why the S&P 500 Index and its ETFs like VOO and SPY will soar in 2026
The post Here’s why the S&P 500 Index and its ETFs like VOO and SPY will soar in 2026 appeared first on Invezz
RRP Semiconductor’s 55,000% surge draws scrutiny in India
RRP Semiconductor Ltd. has emerged as one of the most extreme examples of how India’s enthusiasm for artificial intelligence-linked stocks can detach from corporate fundamentals. Once largely unknown, the company…
Indonesia’s green power shift needs $92B, faces funding hurdles, coal addiction
Indonesia faces a massive financial challenge in its shift to greener energy for captive power, requiring an estimated $31 billion in investment by 2030 and a total of $92 billion…
OpenAI in talks to raise up to $100B at $750B valuation: report
OpenAI has held early discussions with investors about raising fresh capital at a valuation of around $750 billion, The Information reported on Wednesday, underscoring the extraordinary pace of capital flowing…
Standard General approached by WBD shareholders for TV unit sale: report
Prominent New York investor, Standard General, has been approached about acquiring all or part of Warner Bros Discovery’s cable television business, including CNN, reported Financial Times.Soo Kim, founder of hedge…