business news
Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales
AI Age Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales Published Thu, Feb 12 20268:00 AM EST Ari Levy@levynews Jordan Novet@in/jordannovet/ WATCH LIVE Source
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Siemens shares jump 7% as AI demand boosts profit outlook; European markets trade higher
City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie as light fades at dusk on 27th November 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — European stocks were higher on Thursday as investors assessed another big batch of earnings reports. The pan-European Stoxx 600 […]
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UK’s Schroders pops 28% on Nuveen takeover that’s set to create asset management giant
Schroders soared to the top of the Stoxx 600 on Thursday, hitting a 52-week high, after U.S. fund management giant Nuveen said it would buy the U.K.’s largest standalone asset management. The deal, sized at £9.9 billion ($13.5 billion), will create one of the world’s biggest asset management groups. Nuveen — the investment management arm […]
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Singapore launches AI support measures, tax breaks in 2026 Budget
Singapore topped the list on the Economist Intelligence Unit’s business environment ranking. franckreporter | E+ | Getty Images Singapore launched a slew of schemes to harness artificial intelligence, including tax breaks for companies and support for workers to learn AI skills. Presenting the country’s Budget on Thursday, Prime Minister Lawrence Wong announced that Singapore will […]
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Opinion: EU leaders need to do something, not have yet another ‘informal retreat’ at a castle
The Alden Biesen Castle ahead of the Informal EU Leaders’ Retreat in Alden Biesen, central Belgium on February 12, 2026. (Photo by NICOLAS TUCAT / AFP via Getty Images) Nicolas Tucat | Afp | Getty Images Here we go again. European leaders will hold an “informal retreat” at a Belgian castle on Thursday, as they […]
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Sanofi ousts CEO Hudson after stalled turnaround at vaccine giant
Paul Hudson, CEO Sanofi, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC French drugmaker Sanofi ousted CEO Paul Hudson on Thursday, ending a six-year tenure marked by a stalled drive to replace blockbuster drugs going off patent and rising pressure from […]
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Restaurant Brands earnings top estimates as international Burger King restaurants fuel sales growth
HANGZHOU, CHINA – NOVEMBER 11 2025: A deliveryman picks up an order at a Burger King outlet in Hangzhou in east China’s Zhejiang province Tuesday, Nov. 11, 2025. LONG WEI | Feature China | Future Publishing | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped expectations, fueled by strong international growth. […]
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Russia blocks WhatsApp as messaging app crackdown gathers pace
People visit the Red Square in front of St. Basil’s Cathedral in Moscow. Alexander Nemenov | Afp | Getty Images The Kremlin on Thursday confirmed it has blocked Meta‘s WhatsApp messaging service and said Russians should use a new state-backed platform called Max instead. “Max is an accessible alternative, a developing messenger, a national messenger. […]
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Russia shrugs off Trump’s tariff threats on those who provide oil to Cuba
A vehicle fills up with fuel at a gas station in Havana on January 28, 2026. Yamil Lage | Afp | Getty Images The Kremlin on Thursday said it is actively discussing what help it can provide to fuel-starved Cuba, dismissing U.S. President Donald Trump’s tariff threat to sanction countries that send oil to the […]
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Why Alphabet’s 100-year sterling bond is raising new fears over debt-fuelled AI arms race
Alphabet‘s rare 100-year sterling bond is the latest sign of late-cycle exuberance in credit markets, strategists say, as tech hyperscalers ramp up borrowing to historic levels to fund vast data center and AI infrastructure buildouts. The century bond — the Google-owner’s debut issuance in sterling — is part of a broader multi-tranche, multi-currency borrowing drive […]
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