Despite President Trump’s renewed tariff threats — including a 50% duty on copper and possible 200% levies on pharmaceuticals — European stocks advanced, suggesting investor resilience to geopolitical headwinds.
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THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
    Stock exchange business trading 700 EZPS

    PHOTO: EZPS

    Stocks and oil soar as traders shrug off Trump’s new tariff threats

    European stocks rose as traders seemed untroubled by President Donald Trump's announcement that he would impose a 50% tariff on imported copper and soon introduce levies of up to 200% for pharmaceuticals. Read the full story

      Merck to acquire UK-based Verona Pharma for $10B

      The New Jersey-based pharmaceutical giant aims to strengthen its presence in respiratory treatments. Read here

      PHOTO:KUEBI

      Merck 260 KUEBI

      Starbucks China attracts PE deal bids of up to $10B

      Nearly 30 private equity firms have expressed interest in the Seattle-based coffeehouse chain's unit. Read here

      PHOTO:MARCO PAKÖENINGRAT

      Starbucks 260 MARCO PAKÖENINGRAT

      NEWS WORTH NOTING

      America’s top power grid strives to meet AI demand

      PJM is under strain as data centers and AI chatbots consume power faster than new plants can be built. Read here

      PHOTO: TH G/PIXABAY

      Power grid electricity 260 TH G - PIXABAY

      NEWS WORTH NOTING

      NEWS WORTH NOTING

      DEALS ROUNDUP

      • Arm estimates a 14-fold increase in data center customers
      • One Rock Capital Partners secures $3.97B for new funds
      • SiPearl closes $152M Series A with third tranche of $37M
      • Actithera raises $75.5M Series A funding led by M Ventures
      • ServiceUp gets $55M Series B for vehicle repair platform
      • Centivax secures $45M Series A for immune-engineering
      • Honor Education receives $38M in Series A funding round
      • Parspec lands $20M in Series A funding led by Threshold
      • Polimorphic completes $18.6M in Series A financing

        INTERNATIONAL MARKETS

        • Temasek’s net portfolio value jumps 11.8% to $339B
        • Coller Capital closes record $6.8B private credit fund
        • IPO values Blackstone’s Spanish gambling unit Cirsa at $3B
        • Volkswagen’s core VW-branded e-car sales up 14% in H1
        • Reliance Jio delays India IPO, 2025 listing not on cards

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