Germany Sets Conditions for a UniCredit-Commerzbank Combination
Berlin’s shift from resistance to negotiation brings a potential €1.3 trillion cross-border banking group closer to a political framework.
• EU Regulation
News Feed
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Michael Dell-Led Group Takes Baldwin Private in $7.7 Billion Deal
The all-cash acquisition gives the insurance broker private capital for technology investment while testing how much buyers will pay for recurring distribution revenue.
• Markets
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S&P Global Leads Kaiko’s $110 Million Institutional Funding Round
Banks, exchanges and market-data groups are backing Kaiko as tokenised markets increase demand for regulated digital-asset data.
• Blockchain
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Tabby Raises $233 Million at a $6.5 Billion Valuation
The Gulf fintech is using fresh equity to deepen its Saudi and UAE businesses as it expands beyond buy now, pay later.
• Fintech
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JPMorgan Opens a $330 Billion Frontier Bond Market to Benchmarking
A new local-currency index will cover 26 frontier economies, potentially changing how global investors allocate capital and measure performance.
• Markets
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UK Regulator Tests a Rulebook for Tokenised Gold
The FCA is asking whether digital representations of gold can improve collateral and trading without weakening ownership and consumer protections.
• RWA
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Dangote Opens Africa’s Largest IPO at a $47 Billion Refinery Valuation
The priced offer seeks $1.6 billion from institutions and retail investors, with a greenshoe that could lift proceeds to roughly $2.1 billion.
• Markets
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India’s Wholesale Inflation Climbs to 9.92% as Energy Pressure Spreads
Faster food, fuel and manufactured-goods inflation pushed the August wholesale measure above forecasts and complicated India’s rate outlook.
• Markets
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Essar Doubles Its UK Fuel Network With a £400 Million-Plus Acquisition
Buying 118 SGN Retail sites gives Essar 235 forecourts and a larger outlet for fuel from its Stanlow refinery, backed by a £250 million debt facility.
• Markets
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Senate Republicans Put Final CLARITY Act Text Before a High-Stakes Vote
The final market-structure draft adds Democratic concessions on ethics, stablecoin rewards and software developers, but still needs cross-party votes to advance.
• Blockchain
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AI Slowdown Calls Knock Billions From the Global Chip Trade
Warnings from the leaders of Anthropic, OpenAI and xAI turned safety governance into an immediate valuation risk for semiconductor and AI-linked shares.
• Markets
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Ligent Seeks $723 Million as AI Demand Lifts Its Optical Business
The Hisense-controlled fibre-optics supplier priced its Hong Kong offer at a $4.13 billion valuation, with cornerstone investors taking nearly half the base deal.
• Markets
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Symbiosis Recovers 15 Bitcoin After an Unbacked Bridge Mint
The cross-chain protocol recovered about $1.15 million and restored third-party Bitcoin routes, but its native bridge remains paused and compensation terms are unfinished.
• DeFi
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Enflame Triples Its IPO Valuation in a 200% Shanghai Debut
The Tencent-backed AI chipmaker reached a market value near 185 billion yuan on its first trading day despite continuing losses and heavy customer concentration.
• Markets
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Pentagon Weighs a $5 Billion Loan to AI Cloud Startup Fluidstack
The proposed public loan would support U.S. data-center component supply rather than finance a single facility, but terms remain unconfirmed.
• Markets
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U.S. Diesel Passes $6 a Gallon as Supply Chains Absorb the Shock
A first-ever national diesel average above $6 adds transport and farming costs while inventories sit 13% below their five-year norm.
• Markets
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Altera Prepares a Semiconductor IPO That Could Raise $2 Billion
Silver Lake and Intel-backed Altera has selected four banks for a possible 2026 listing as U.S. equity issuance reaches record levels.
• Markets
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OpenAI Builds a Finance-Specific ChatGPT Around Licensed Data
The new product combines a finance-tuned model, licensed datasets and audit controls for investment banking and equity research workflows.
• Fintech
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Positron Raises $875 Million as AI Inference Funding Accelerates
The chip startup reached a $5 billion valuation seven months after being valued near $1 billion, giving it substantial capital to challenge established AI-inference suppliers.
• Markets
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Bending Spoons Agrees to Buy Miro for $1.36 Billion in Cash
The Italian software consolidator is adding a $600 million recurring-revenue collaboration platform only weeks after its Airtable acquisition.
• Markets