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Foreign currency deposits and external commercial borrowings drove a three-month surge at India's offshore financial hub, as regulators push to position it as a rival to Singapore, Hong Kong and Dubai.
The card network posted adjusted earnings of $3.48 a share and $12.1 billion in revenue, both ahead of Wall Street forecasts, as cross-border spending jumped 14% and processed transactions topped 74 billion for the quarter.
A Bank of America survey found 37% of fund managers raised tech allocations in October, the most since 2020, while 45% simultaneously expect an AI bubble to form by 2027 — a contradiction playing out as hedge funds sell tech at their fastest pace in two years.
Blockchain analytics firm Solidus Labs flagged a trader who placed and canceled large crude-oil perpetual futures orders at a 30-to-1 ratio during March's Iran-driven price swings, pocketing roughly $119,000 in the process.
The alternative-asset manager's third-quarter results beat on fees even as private wealth credit inflows slowed sharply, a lingering hangover from earlier redemption restrictions at one of its retail funds.
Hashim Djojohadikusumo says the president was "extremely angry" after an MSCI transparency warning triggered a selloff that hit retail investors, with Jakarta risking a downgrade to frontier-market status if reforms stall.
Leonardo Maria Del Vecchio has turned down an offer to buy out his position in Delfin, the holding company built by his late father, deepening a rift among the eyewear dynasty's eight heirs.
Prime-time viewership fell 28% over the four weeks before the midterms, Fox's weakest stretch since 2023, raising questions about whether conservative audiences are losing enthusiasm for the Trump-era news cycle.
Record quarterly operating profit of 107.4 trillion won was overshadowed by a net-income miss and mobile division losses, even as surging HBM4 memory demand points to a chip shortage running through 2027.
The bank is preparing a risk-transfer transaction worth more than $1 billion tied to data center loans, part of a wider push by global lenders to shift AI infrastructure credit risk onto insurers.
Analysts at RBC and National Bank say Canada's battered telecom sector may finally be stabilizing, with Rogers emerging as the consensus top pick on deleveraging progress and its sports-media holdings.
Chipmakers and AI infrastructure stocks surged after Anthropic filed for what could be one of the largest tech listings ever, disclosing a $112 billion cash pile and a targeted valuation near $1.5 trillion.
President Rodrigo Paz's push to scrap fuel subsidies and float the boliviano has unlocked a $1.9 billion IMF program and cheered investors, even as diesel price hikes of more than 80% stoke threats of renewed street protests.
Apple reportedly boosted its production target for its first foldable iPhone from 9.7 million to 14 million units after preorders pushed US shipping estimates out to late January within 30 minutes of launch.
The 11-year extension keeps PepsiCo's exclusive pouring rights at Taco Bell, Taco Bell Cantina and Live Más Cafe locations nationwide, shoring up its most valuable fast-food alliance just a week after KFC switched to Coke in the US.
The storage maker topped first-quarter estimates and issued second-quarter guidance well above Wall Street forecasts, but shares reversed from an initial after-hours gain after executives flagged rising input costs and higher near-term capital spending.
Skydance stock swung from a 6% gain to a loss after a brief halt, following reports that Musk made a $1 billion investment in David Ellison's media company shortly after its Warner Bros. Discovery acquisition closed.
The round, which would value OpenAI nearly 50% higher than its $852 billion valuation in March, is being led by investors from the UAE and Coatue, and is seen as a bridge to a planned 2027 IPO.
IBM shares fell about 5% even after the company posted strong third-quarter revenue and earnings, as investors remain wary following a preliminary warning in July that sent the stock down roughly 25% in a single session.
A combination of the two Musk-led companies would be the largest merger in history, but analysts point to historically high failure rates for mega-deals, unclear synergies and Musk's own conflicted role as reasons for shareholders to be wary.
The NFL Hall of Famer bought a $4.6 million Cherry Hills Village mansion when he joined the Broncos in 2012, then added a second nearby property for roughly $5.3 million more than a decade later.
Chip stocks including Micron slid Thursday after Tesla trimmed its 2026 spending forecast and Nvidia's CEO flagged scarce capital for further AI cloud growth, reviving investor worries about a pullback in AI infrastructure spending.
Unverified social media posts citing a leaked trial report sent Moderna shares tumbling, but the full phase 3 results released later Thursday showed the personalized cancer vaccine, paired with Merck's Keytruda, cut recurrence or death risk by 42%.
Andrew Cathy, grandson of founder Truett Cathy, says staying closed every Sunday is non-negotiable and a luxury of remaining a privately held, family-run business, even as Chick-fil-A posts some of the fast-food industry's highest sales per location.
Both exports and imports hit all-time highs in the first half of Japan's fiscal year, but a surge in oil prices tied to the blocked Strait of Hormuz pushed the country's trade balance deep into the red.
Coast pairs payment cards with software that checks whether a purchase matches where a company vehicle actually is, targeting plumbing, construction and other physical-economy businesses in what it estimates is a $120 billion market.
Natixis Corporate & Investment Banking agreed to acquire Sangyo Sosei Advisory, entering Japan's merger advisory market as global banks race to hire dealmakers amid a record pace of corporate M&A.
With Anthropic reportedly eyeing a valuation as high as $2 trillion, investors who bought in at a fraction of that price — including ICONIQ, Spark Capital and Singapore's GIC — stand to see dramatic paper gains once the AI company goes public.
Facing a potential multibillion-dollar bill if California voters approve a billionaire wealth tax, Mark Zuckerberg agreed to stay a state resident for eight years in exchange for new nonvoting Meta shares he can sell to cover the tax.
More than 10 million people set up Muse agents in the AI assistant's first weeks, with shopping emerging as the top use case — and purchase volumes so high that Meta had to get Stripe to lift its credit limits.
Claire Smilow helped turn a $750,000 bet on Cursor into a roughly $1 billion return for BoxGroup — now she's hunting college campuses for the next founder with that same kind of potential.
The new product, called SoFi Earn, issues tokens backed 1:1 by FDIC-insured deposits at SoFi Bank, aimed at crypto users who want to earn yield without leaving the blockchain.
Governor Hochul announced a new Long Island City hub, run by workforce group Pursuit, to connect lower-income New Yorkers to AI careers, with funding and training credits from Google, Wells Fargo, OpenAI and Anthropic.
Goldman Sachs estimates central banks bought 79 tonnes of gold in August, with China leading the charge, as the debate shifts from how much gold to hold to where to store it amid growing concerns about reserve security.
Kalshi Prime customers will be able to borrow against Bitcoin, Ether or compliant stablecoins held at BitGo to fund margin positions on perpetual futures, part of a new partnership with the crypto custody firm.
Onchain trading in tokenized US stocks and ETFs jumped roughly 18-fold since January, according to Dune Analytics data, as the SEC opened a regulatory pathway for tokenized American stocks to trade on blockchain networks.
The Nasdaq 100 tumbled as much as 2.7% and the Philadelphia Semiconductor Index dropped over 6% intraday, while Brent crude surged past $112 a barrel after renewed Houthi attacks in Saudi Arabia stoked fears of a wider Middle East conflict.
A New York court backed arbitrators who rejected claims from two former Credit Suisse managing directors who argued their deferred-compensation awards shouldn't have been written down when UBS absorbed the bank in 2023.
CEO Patti Poppe said the utility's 4 million gas customers are effectively subsidizing the borrowing costs tied to PG&E's wildfire-exposed electric business, as the company weighs separating, selling or spinning off its gas operations.
Options protecting against further gains in US government bonds surged in price as 10-year yields dropped below 5% for the first time in about a month, with investors seeking safety amid rising oil prices and France's deepening fiscal crisis.
The refiner posted a record $6.8 billion quarterly profit as its refining margin per barrel nearly tripled year over year, with an executive saying strong margins should persist even as the US pushes to lower pump prices.
Critical vulnerabilities in the widely used PHP programming language, found with the help of AI tools, prompted cybersecurity agencies across Europe and beyond to urge website operators to disconnect sites until they could be patched.
Louis Mosley argued European dependence on American technology providers is unavoidable in the near term, as Palantir also sought to reassure allies that its NATO AI system has no 'kill switch' after Starlink disruptions in Ukraine raised sovereignty concerns.
Chinese banks extended a seven-year, yuan-denominated loan to Huawei, its first offshore syndicated borrowing since 2020, as the company's research spending and chip stockpiling drive up its funding needs.
Comcast lost 144,000 residential broadband customers and 274,000 domestic video subscribers in the third quarter, both worse than Wall Street expected, as the company plans a restructuring ahead of its NBCUniversal spinoff.
Weil, who left OpenAI in April, raised the Series A at an $865 million valuation to build a US-based automated lab for a drug-development step pharma companies have long outsourced to Chinese firms.
The new Super Intelligence Partner Network pairs tech firms and consultancies with businesses looking to deploy Grok, organizing partners into two tiers aimed at speeding enterprise adoption of the AI system.
The hedge fund, known for pushing Lionsgate toward a sale, is spinning up a standalone activist vehicle aimed at small and mid-cap companies, with portfolio manager Sagar Gupta pointing to AI as a catalyst for change.
Distributable earnings slid to $1.72 billion in the third quarter as a historic jump in bond yields curbed deal activity, though the firm still beat analyst estimates and grew assets under management 10%.
S&P Global Ratings gave the UK digital bank a BBB+ rating and expects it to issue senior unsecured bonds next year to build capital buffers as its loan book expands rapidly.
The hedge fund manager argued it's urgent for the administration to free Fannie Mae and Freddie Mac from government conservatorship before Trump leaves office, warning a future Democratic administration could otherwise use their massive cash flows as a political war chest.
The firm's global fixed-income CIO says high-quality corporate credit offers its best setup in years, pointing to hyperscaler debt from Alphabet, Amazon, Meta and Oracle as a standout opportunity.
Iris, a monumental 1924-25 canvas from Claude Monet's final years that had never been publicly shown, fetched $56 million as part of a landmark sale of works from the secretive Schlumberger family collection.
A high-end estate in Surrey's exclusive St. George's Hill enclave has been re-listed with a 23% price cut, the latest sign of wealthy residents offloading UK property as they relocate abroad.
Direct lenders raised record sums this year even as deal volume shrank, leaving funds flush with capital and fewer places to put it — a mismatch that's pushing firms to compete harder on price and terms for every deal.
London Stock Exchange Group is acquiring credit intelligence provider Octus from Permira, a bet on private markets and fixed-income data as the exchange operator looks past AI-driven jitters over its stock.
The Alternative Credit Council pushed back on growing market anxiety about private credit, pointing to 17% asset growth even as it acknowledged AI-related concerns have made lenders warier of software borrowers.
Dallas-based KDC is lining up roughly $3.5 billion in credit tenant lease financing, backed by AT&T's future lease payments, to fund construction of the carrier's sprawling new global headquarters in Plano.
Gucci's third-quarter sales fell 6% as weak store traffic in China continued to weigh on the brand, raising fresh doubts about parent company Kering's multiyear effort to revive it.
Png, who leads the roughly 40% of Temasek's S$518 billion portfolio held in Temasek Portfolio Companies, is set to take a board seat at the Singapore-listed real estate manager, according to people familiar with the matter.
Days after Citadel's Ken Griffin warned of an AI bubble, Blackstone President Jon Gray argued the AI buildout is different — demand, he says, is outrunning capacity rather than the other way around.
Taiwan halted trading and closed schools and offices in Taipei as Typhoon Champi, which briefly reached super typhoon strength this week, bore down on the island with Category 4-equivalent winds.
Southeast Asia's largest economy is returning to China's onshore bond market to diversify its funding sources as MSCI warns Indonesia's emerging-market status is in jeopardy.
On Meta's third-quarter earnings call, CFO Susan Li laid out a plan to sell AI models, agents and business tools to enterprise customers — a potential new revenue stream beyond advertising.
As much of the AI industry pitches software that can shrink a sales force, one AI vendor's customer is going the other way — doubling headcount after tripling the productivity of each rep.
Facing organized local opposition that has blocked tens of billions of dollars in projects, the biggest cloud and AI companies are offering more transparency and bigger community investments to win over skeptical neighbors.
Govra builds AI agents that turn government tax rules into automated audit workflows, and pilots in California and Indiana suggest the approach could sharply increase how many cases investigators can handle.
A string of Ukrainian drone strikes on Yandex, Sberbank and VKontakte facilities this month has knocked out Russian cloud, banking and AI infrastructure that experts say could take years to rebuild.
Governor Kathy Hochul is enrolling New York in the federal Education Freedom Tax Credit from Trump's tax law, making it the second Democratic-led state to join a program her own legislative leaders urged her to reject.
A waterfront mansion in Golden Beach, Florida sold for a record $69.5 million through a Delaware entity, with real estate sources pointing to Jeff Bezos as the buyer, about 30 minutes from his $237 million Indian Creek compound.
The dollar's recent slide stalled Thursday as investors positioned for Fed, ECB and Bank of Japan meetings next week, even as oil, French bond jitters and AI-credit worries kept markets on edge.
Meta posted its 17th straight quarterly revenue beat and a jump in Muse AI sign-ups, but free cash flow turned negative as the company's AI buildout outpaces what the ad business can fund.
