Finance

The Agnelli family sold a stake worth around €3 billion ($3.14 billion) in Ferrari NV, after the supercar maker’s value has risen more than 10 times since its initial public offering in the US. Exor NV, the investment vehicle of […]

President Donald Trump threatened new tariffs on the European Union on Wednesday, disparaging the bloc and widening his trade conflict across the Atlantic. “We have made a decision,” Trump said during a cabinet meeting Wednesday afternoon. “We’ll be announcing it […]

Nvidia (NVDA) said Wednesday that its latest Blackwell AI chips have reached full-scale production, generating $11 billion in revenue during its fourth quarter. “We delivered $11.0 billion of Blackwell architecture revenue in the fourth quarter of fiscal 2025, the fastest […]

Bitcoinhas fallen through the $90,000 level, weakened by sell pressure in equities as the crypto market awaits its next catalyst. The price of bitcoin was last lower by 7% at $87,220, according to Coin Metrics. Earlier, it slid as low […]

Perplexity AI, the developer of a popular artificial intelligence search engine, is close to raising a $50 million venture fund focused on early-stage AI startups, CNBC has learned. The company will be an anchor investor in the fund, but most […]

Quebec pension fund manager CDPQ has signed a $10-billion deal to buy Innergex Renewable Energy Inc. in a bid to leave the “short-term” view of stock market investors behind. Under the agreement, the Caisse de dépôt et placement du Québec […]

In one of the largest cryptocurrency-related thefts in history, exchange operator Bybit disclosed over the weekend that it lost US$1.5 billion worth of ether, which comes as industry enthusiasm over recent developments starts to wane. Bybit, one of the world’s […]

GameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba to roughly 7 million shares worth about $1 billion, The Wall Street Journal reported Thursday. Citing people familiar with the matter, the Journal said the sizable […]

European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in an all-cash deal worth roughly 4.1 billion euros ($4.3 billion). The offer values Just Eat’s shares at 20.3 euros each, representing a premium of 63% […]

The Ministry of Investment, Trade and Industry (MITI) is targeting a five per cent increase in total trade for 2025, from RM2.879 trillion registered in 2024. Its minister Tengku Datuk Seri Zafrul Abdul Aziz said, however, should there be tariffs imposed […]