An Asia stocks rally lifted world indices to record highs, and the dollar pared recent gains as gold gained strength ahead of talks in London aimed at mending a trade rift between the United States and China.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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World shares climb, dollar eases ahead of US-China trade talks
An Asia stocks rally lifted world indices to record highs, and the dollar pared recent gains as gold gained strength ahead of talks in London aimed at mending a trade rift between the United States and China. Read here
Meta exploring $10B-plus investment in Scale AI
The California-based tech giant is in talks with the artificial intelligence startup, which also counts OpenAI as a client, about a multibillion-dollar infusion for the training of machine learning models. Read here
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Qualcomm boosts portfolio with $2.4B Alphawave deal
The California-headquartered chipmaker is set to acquire the British chip design company as part of efforts to strengthen its artificial technology offering, sending shares of the semiconductor firm up by almost a quarter.Read here
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NEWS WORTH NOTING
Apple faces hurdles as it woos software developers
The California-based tech major is facing an unprecedented set of technical and regulatory challenges as many of its long-awaited artificial-intelligence features are expected to be delayed until next year.Read here
IonQ lifts quantum research with $1B Oxford Ionics buy
The quantum computing hardware and software company will acquire its British peer, helping the American firm deepen its research expertise in the complex technology. Read here
UnitedHealth eyes $1B
deal to exit Latin America
The largest US health insurer is weighing multiple bids for its Latin American operations, as it buckles down after a series of unprecedented administrative missteps. Read here
L’Oreal to buy majority stake in Medik8 skincare
The French cosmetics and beauty giant has agreed to acquire a majority stake in British brand, boosting its position in the fast-growing dermatological skincare market. Read here
Eni, YPF sign deal to join
in Argentina LNG project
The Italian energy group and the Argentinian power company have agreed on the project designed to develop the resources of the onshore Vaca Muerta field. Read here