Page 20 - Bloomberg/reuters

Carlyle launching $300 mn India side fund, eyes growth in key sectors

Carlyle's India fund will invest in financial services, advanced manufacturing, consumer, media and retail, technology and business services, and health care

COP30 wrap: 6 major takeaways from global climate negotiations 2025

Two weeks of talks in the rainforest city of Belem, Brazil, served as a rebuttal of sorts to the idea that climate multilateralism is no longer viable

Chinese envoy sends letter to UN Chief Guterres over Japan's Taiwan remark

China's Permanent Representative to the United Nations Fu Cong delivered the message to Secretary-General Antonio Guterres on Friday, according to the state-run Xinhua News Agency

European leaders scramble to buy Ukraine time as US sets ceasefire deadline

President Volodymyr Zelenskiy and leaders in France, Germany and across Europe are rushing to respond to US demands that Ukraine agree to the 28-point plan circulated this week by next Thursday

Bill Ackman prepares for Pershing Square IPO, eyeing debut in 2026

In what would be a unique double IPO, Ackman is looking to simultaneously list a new investment fund along with Pershing Square

Marjorie Taylor Greene to resign from Congress after fallout with Trump

Greene was among the Republicans who led the legislative effort to compel the Justice Department to release the files of sex trafficker Jeffrey Epstein

TPG, Warburg in talks to buy over $500 million stake in Sirion Labs

The transaction highlights investor interest in artificial intelligence-based digital businesses that automate processes and reduce employee time spent on procedural tasks

Loss of US intelligence may harm Ukraine more than a halt in weapons

If the Trump administration makes good on its threat, the effects on Ukraine might not be immediate but could eventually be disastrous

Italy wins Moody's upgrade for 1st time since 2002 on political stability

In August 2022, Moody's even skewed its assessment of the euro zone's third-biggest economy toward a dramatic move to junk by shifting its outlook to negative

Big Tech's debt binge raises risk in race to create an AI world

Listen to the Here's Why podcast on Apple, Spotify or anywhere you listen

Cambridge Analytica case: Zuckerberg's Meta settles claims for $190 million

Representatives of Menlo Park, California-based Meta and Zuckerberg didn't immediately return emails seeking comment on the settlement

China can't afford to ignore its army of gig workers amid job crunch

A bestselling memoir exposes the harsh reality of China's delivery workforce and why policymakers must prioritise protections as the economy pivots to high tech

US sanctions risk leaving 48 million barrels of Russian oil stranded at sea

Washington's move last month to blacklist top oil producers Rosneft PJSC and Lukoil PJSC is arguably its most aggressive to date under the current administration

Trump's 28-point Ukraine peace plan would grant key Russian demands

Under the terms of the plan, the Ukrainian regions of Crimea, Luhansk and Donetsk would be "recognised as de facto Russian, including by the United States

Lula stares down Donald Trump and scores tariff victory for Brazil

In an executive order, Trump exempted dozens of Brazilian food products, including coffee and beef, from the 40% increased tariffs he imposed in an ill-fated attempt to help former President Jair

Netflix, Comcast, and Paramount submit bids for Warner Bros Discovery

The submissions meet a Nov. 20 deadline for a first round of bids set by the board of Warner Bros. Discovery, the parent of HBO, CNN and the Warner Bros. movie and TV studios

OpenAI partners with Foxconn to design hardware for AI data centres

Hon Hai, also known as Foxconn, will co-design and develop data centre server racks with OpenAI, and work to ensure such racks can be manufactured across the US

White House urges Congress to block bill curbing Nvidia's China chip sales

Nvidia, which has lobbied relentlessly for greater access to the world's biggest market for semiconductors, is not out of the woods yet

OpenAI's rise pushes banks to expand equity research into private markets

The banks are aiming to capture the potential impact of unlisted competitors of the stocks they follow, as well as to sate a relentless investor appetite for insights into their performance

US adds 119,000 jobs in September as unemployment rate climbs to 4.4%

Nonfarm payrolls increased 119,000 after the prior month was revised to a decline, according to Bureau of Labor Statistics data out Thursday