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HONG KONG (Reuters) - A group of investors led by private equity firm PAG on Saturday announced an investment of $8.3 billion for a 60% stake in Chinese property giant Dalian Wanda's mall unit. Dalian Wanda will retain 40% in Newland…

(Reuters) -Microsoft and OpenAI are working on plans for a data center project that could cost as much as $100 billion and include an artificial intelligence supercomputer called "Stargate" set to launch in 2028, The Information reported…

Capital Markets CBK eyes Sh65 billion from reopened bonds Friday March 29 2024 The Central Bank of Kenya in Nairobi. PHOTO | FILE | NMG The Central Bank of Kenya (CBK) is seeking to raise a total of Sh65 billion from a reopened…

Companies NCBA net profit rises 56pc to Sh21 billion Wednesday March 27 2024 NCBA Group Managing Director and CEO John Gachora during an investor briefing on March 27, 2024. PHOTO | DENNIS ONSONGO | NMG NCBA Group has posted a…

Breadcrumb Trail LinksPMN BusinessThe program resembles a strategy governments around the world have used to roll out wind and solar, but it covers earlier stage technologies at a scale not seen before.Author of the article:Bloomberg…

© Reuters. FILE PHOTO: The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake/File Photo By Leroy Leo (Reuters)…

Stablecoins have recently achieved a significant milestone, surpassing $150 billion in market capitalization, with daily trading volume reaching $122 billion. This achievement marks a notable resurgence and…

For the better part of six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been putting on a show for Wall Street and the investing community. Despite being fallible just like every other investor, the "Oracle…

Bitcoin and crypto markets have had a volatile week. The asset fell to $61,500 on March 20 before recovering slightly. Today’s big options expiry event could induce more volatility as around 25,300 Bitcoin contracts will…

© Reuters. FILE PHOTO: The logo of accounting firm PricewaterhouseCoopers (PwC) is seen on the top of a Brussels' office of the company, in Diegem, Belgium September 21, 2023. REUTERS/Yves Herman/File Photo HONG KONG (Reuters) -…