Explore

ReutersReuters
Blackstone-backed insurance underwriter The Fidelis Partnership files for US IPO

Blackstone-backed insurance underwriter The Fidelis Partnership files for US IPO

Sept 25 (Reuters) - Insurance underwriter TFP Group, better known as The Fidelis Partnership, filed for a US initial public offering on Friday, as the fall IPO window looks to gain momentum after a tepid start.
ReutersReuters
US FDA advisers endorse Grail cancer test's benefits in key vote

US FDA advisers endorse Grail cancer test's benefits in key vote

By Padmanabhan Ananthan and Kamal Choudhury Sept 23 (Reuters) - A panel of outside experts advising the US FDA said on Wednesday the benefits of Grail's blood-based cancer detection test outweigh its risks, paving the way for a potential landmark approval in cancer screening.
ReutersReuters
Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake

Akamai signs $11.6 billion cloud deal with Anthropic, grants warrant for up to 5% stake

By Harshita Mary Varghese Sept 24 (Reuters) - Akamai Technologies signed an $11.6 billion cloud services deal with Anthropic on Thursday, and issued a warrant that could give the AI lab up to 5% stake in the cloud company, sending its shares surging 22% in extended trading.
TrendlineTrendline
Fidelity Digital Assets Seeks Vice President in India to Lead Digital Asset Strategy

Fidelity Digital Assets Seeks Vice President in India to Lead Digital Asset Strategy

Fidelity Digital Assets Seeks Vice President in India to Lead Digital Asset Strategy
TheStreetTheStreet
Binance bets $100 million on Circle. Watch this margin

Binance bets $100 million on Circle. Watch this margin

Circle still pays partners to distribute USDC, making its 41% RLDC margin a key test of the Binance deal.
ReutersReuters
Apollo private credit fund redemption requests ease in third quarter

Apollo private credit fund redemption requests ease in third quarter

Sept 22 (Reuters) - Asset manager Apollo Global Management recorded lower withdrawal requests at its flagship private credit fund in the third-quarter tender offer, suggesting redemption queues are beginning to clear.
ReutersReuters
Single-client hedge funds attract growing share of capital, Goldman report says

Single-client hedge funds attract growing share of capital, Goldman report says

By Arasu Kannagi Basil and Anirban Sen NEW YORK, Sept 23 (Reuters) - The biggest multi-manager hedge funds are allocating more capital than ever to accounts that are exclusively run for individual clients, according to an internal Goldman Sachs report, underscoring the industry's battle for talent
ReutersReuters
Dollar rises in choppy trading as investors weigh inflation prospects

Dollar rises in choppy trading as investors weigh inflation prospects

By Chuck Mikolajczak NEW YORK, Sept 22 (Reuters) - The dollar rose in uneven trading on Tuesday, oscillating between gains and losses after hitting a two-month high earlier in the day as volatile oil prices clouded the inflation picture. 
ReutersReuters
Meta's Muse rekindles fears over winners and losers as personal AI agent emerges

Meta's Muse rekindles fears over winners and losers as personal AI agent emerges

Sept 23 (Reuters) - Meta's Muse, the first major consumer product to emerge under Alexandr Wang since he was hired to head its AI efforts last year, has split the fortunes of US stocks this week.
ReutersReuters
YouTube unveils AI creator tools, shopping features at annual event

YouTube unveils AI creator tools, shopping features at annual event

Sept 23 (Reuters) - Alphabet-owned YouTube unveiled a slate of artificial intelligence tools, shopping updates and personalized viewer features on Wednesday at its annual Made on YouTube event in New York City.
ReutersReuters
Analysis-CNN, CBS News oversight board will be 'toothless,' experts warn

Analysis-CNN, CBS News oversight board will be 'toothless,' experts warn

By Jaspreet Singh Sept 22 (Reuters) - David Ellison is set to take control of two of the biggest news organizations in the US after his Paramount Skydance completes its takeover of Warner Bros Discovery, giving him wide influence over the news media landscape.
ReutersReuters
Novo Nordisk open to direct New York listing, CEO Doustdar tells FT

Novo Nordisk open to direct New York listing, CEO Doustdar tells FT

Sept 23 (Reuters) - Novo Nordisk is open to considering a direct New York Stock Exchange listing, replacing the American depositary receipts through which US investors currently trade its shares, CEO Mike Doustdar told the Financial Times in an interview published on Wednesday.