Novo and Metsera deny Pfizer’s arguments
$49bn tie-up comes on frantic day of mergers and acquisitions across corporate America
Lossmaking start-up commits to spending close to $1.5tn as it gobbles up processing power
Commerce department approval paves way for huge new investment in AI and cloud infrastructure in Middle East
Canadian prime minister has enlisted executives including from former employer Goldman Sachs
Plus, K&E changes tactics, London’s quant renaissance and Peter Doig’s House of Music at the Serpentine
Executives at accounting network have spoken to bankers and lawyers to scope out possible private capital deals
Average time to complete a deal has fallen to four months
Legacy manufacturers seek to keep pace with advances in self-driving technology as the next competitive front
OpenAI, Anthropic and Cohere have stepped up hiring for specialists to help businesses adopt their AI models
Cash reserves at conglomerate hit record as Warren Buffett prepares for retirement
Billions in ‘Snap’ nutritional assistance programme benefits are stalled despite court orders
Frank Bisignano sold Fiserv stake worth hundreds of millions of dollars before problems emerged, avoiding massive loss
FTC fast-tracks antitrust approval of earlier deal in sign Washington could weigh in on takeover battle with Novo Nordisk
Chief executives of the world’s big companies have decided to get back in the deal making game
Some creditors want an independent trustee involved in car parts maker’s bankruptcy process
In a week when Nvidia’s value reached $5tn, investors in even the broadest index of global companies are now heavily exposed to the AI boom
Sound of da pro lease
The potential pay-offs of agentic commerce are huge but it also means giving away valuable data
Jumbo debt sales to fund huge artificial intelligence capex threaten to store up new risks for investors
Ecommerce giant boosts capital expenditure as it builds more data centres
Two biggest US oil majors report rising production in third quarter amid supply glut forecasts
Recent cuts mark end of job security for high-earning knowledge workers whose ranks grew since pandemic
And Trump’s non-deal with China
Mubadala Capital-backed group to become latest private capital player in life insurance sector
