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Asset ManagementFeatured
Apollo takes stake in Mubadala Capital as investors commit USD 5 billion
The US asset manager will become a minority shareholder as Mubadala Capital seeks to broaden its investor base and expand its global alternatives business
FeaturedFintech
Day after launching personal loans in UK, Revolut faces Bank of England review
By offering unsecured personal loans, Revolut enters a lucrative consumer lending market dominated by the United Kingdom’s largest banks
FeaturedOil & Gas
Saudi Arabia to store oil in Singapore’s Jurong Rock Caverns to boost Asia supply security
The Kingdom plans to store crude oil in Singapore from 2027, strengthening Aramco’s Asian supply chain and regional energy security amid shipping disruptions
Business LeadersFeatured
Akash Ambani steps out of his father’s shadow as Jio goes public
The Reliance heir fronted India's most subscribed IPO, but the boardroom maths points to a staged, shared handover rather than a clean transfer of power
FeaturedTechnology
Microsoft offers voluntary buyouts to 60,000 employees as AI costs bite
Employees across several divisions, including AI experiences, Copilot, finance, human resources, Xbox and Windows + Devices, will be eligible for the offers
FeaturedTechnology
IF Insights: Anthropic’s IPO filing lays bare AI’s costliest growth story
Anthropic's prospectus shows revenue up 14-fold, an USD 80.7 billion paper loss and USD 637 billion of compute deals. So what is the company really worth?
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