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Investors have punished Deutsche Pfandbriefbank for its exposure to the ailing American office market
The world’s most valuable chip company is working on its next next-generation AI chip
Mark Sorrell and Gonzalo Garcia were excluded from operating group set up under chief David Solomon
Shares of start-up slide after reporting a $5.4bn annual loss and 10% cut to salaried payroll
IRS says Inflation Reduction Act funding will let it audit dozens of companies and individuals
Ed Clark managed Seattle-area factory where plane involved in Alaska Airlines incident is built
US company announces two new divisions as it builds semiconductors designed by others
The pricing of new, so-called collateralised loan obligations has hit record levels so far this year
Billionaire tells court bank’s actions were ‘completely unbelievable’ as Frasers sues for €50mn
Meta and Microsoft want Brussels regulators to extract more concessions that unpick iOS mobile software
Landmark building opened in 1965 will be retained as ‘iconic hotel’ in £275mn deal
Plus, two credit card lenders strike a megamerger and private lending gets another thumbs up from Michael Dell
IBM’s decision to reinstate its defined benefit scheme makes good business sense — other companies should follow
Firms are hoping to attract investors to single deal offerings with cheaper fees
Options volumes leapt for Nano-X and SoundHound ahead of details on chipmaking giant’s stakes
Salary and bonus rise a combined 6% despite 40% decline in profits at bank in 2023
Silicon Valley VC firm says it fully supports its former partner ‘upon a fuller assessment’
Mirae Asset’s $43bn subsidiary names Ryan O’Connor as chief executive
Prices of some items did not fall as much as anticipated, claims world’s largest retailer
Redwheel says they are ‘in complete agreement’ that business is worth substantially more than Elliott’s offer
Scale matters in payments and there will be big winners who take all
Value of agricultural acreage more than doubles in bet that prices will soar in world suffering scarcity of resources
Family office to provide first outside funding for credit asset manager 5C Investment Partners
Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market
Takeover set to unite two of the US’s largest credit card companies and reshape industry
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