GSK announced Tuesday it will acquire Nuvalent, a cancer drug developer, for $10.6 billion. CEO Luke Miels, six months into…
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Italy’s Banking Giant Intesa Sanpaolo Makes Surprise $35 Billion Move to Swallow Monte dei Paschi and Reshape Europe’s Financial Power
Italy's largest banking group, Intesa Sanpaolo, launched an unsolicited €30.6 billion ($35 billion) cash-and-share bid on Monday, June 8, to…
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Israeli Startups Pulled In $940 Million in One Month and AI Plus Defense Led Every Major Deal
Israeli startups raised approximately $940 million across 17 funding rounds in May, driven primarily by artificial intelligence and defense technology.…
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UK Eyes €4 Billion EU Startup Fund as Brussels Official Signals Mutual Interest in Reversing Brexit Opt-Out
The UK may join a €4 billion ($4.65 billion) EU equity investment fund designed to support startups, according to EU…
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Iran’s 73-Day Internet Blackout Destroyed 3 Million Jobs and Burned $2.6 Billion Into Ash
Iran's 73-day internet blackout has triggered severe economic devastation, with officials reporting 1 million direct job losses and an estimated…
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Stellantis Bets €60 Billion on 60 New Models to Rescue Its Future, but Investors Are Not Convinced
Stellantis unveiled a €60 billion (US$70 billion) turnaround strategy on Thursday, centered on launching 60 new models and refocusing investment…
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Europe Has Two Years to Build Its Own AI Infrastructure or Risk Becoming a Vassal State, Mistral CEO Warns
Mistral AI co-founder and CEO Arthur Mensch has issued a stark warning about Europe's growing dependence on American technology, telling…
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Argentum AI Locks In $2.5 Billion Deal to Build One of Europe’s Largest AI Data Centers
Argentum AI has signed a $2.5 billion agreement with cloud gaming company Boosteroid and real estate developer DL Invest Group…
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Chinese Clean Energy Giants Pull $2.8 Billion From U.S. Soil as Trump Tax Rules Force a Historic Retreat
Chinese clean technology companies abandoned approximately $2.8 billion in planned U.S. manufacturing projects in 2025, according to Rhodium Group, as…
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Brown-Forman Turns Down $15 Billion Cash Bid for Jack Daniel’s as Family Chooses No Deal Over Rival Offers
Brown-Forman, maker of Jack Daniel's whiskey, has rejected a $15 billion takeover bid from rival American spirits company Sazerac, a…
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