Saudi fintech Tabby raises $233 million at a $6.5 billion valuation
The Gulf fintech will move beyond buy now, pay later into credit and money-management products.
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The Boring Company raises $3 billion as UAE-backed funding accelerates mobility plans
Elon Musk’s tunnelling startup plans more than 150 kilometres of underground infrastructure across the UAE.
Baldwin Group set to go private in $7.7 billion insurance-sector transaction
Dell-backed investors will acquire Baldwin, giving the insurance broker greater flexibility for growth and AI.
Zurich’s £8.1 billion Beazley acquisition moves toward October completion
Regulatory approvals are complete, leaving a court hearing as the final major step.
Brent crude nears $108 as Middle East risks threaten global supply routes
Brent crude remains elevated as attacks threaten pipelines, ports, tankers and regional exports.
Bank of Japan prepares possible rate increase as oil-driven inflation pressures build
The BOJ is expected to raise rates as higher oil prices and yen weakness threaten inflation.
JPMorgan expects investment banking and trading revenue to strengthen in third quarter
JPMorgan expects double-digit revenue growth as deal activity and markets business remain resilient.
Apple’s new CEO and foldable iPhone launch mark a turning point for the company
Apple used its first major event under John Ternus to signal a new direction.
Google’s €13 billion Finland push raises the stakes in Europe’s AI infrastructure race
Google’s largest European investment reflects the scale of the AI infrastructure race.
Nvidia’s $12.9 billion Hugging Face deal reshapes the AI software race
Nvidia is moving beyond chips to control more of the AI software stack.
