SoftBank considers Allied Universal deal at about $18 billion valuation
Discussions remain preliminary, with no decision on price. The potential acquisition could support SoftBank's interest in AI-powered security robots.
Globe And Street: global business and finance news
Energy & Commodities
World Bank sets $19 billion goal for critical minerals financing
President Ajay Banga outlined a fivefold expansion over five years, with 20 countries identified as potential project partners.
Markets
Technology losses weigh on global stocks as dollar slips
CoreWeave fell 13% amid scrutiny of AI financing, while Indonesian equities suffered their steepest decline since 1998 following an MSCI decision.
- WorldEU-China agreement limits hybrid car exports and eases rare earths licensing
- MarketsTechnology losses weigh on global stocks as dollar slips
- Economy & PolicyBOJ's Ueda stresses inflation risks ahead of October policy meeting
- CompaniesCoreWeave CEO and linked entities sold nearly $1 billion in shares
- IPO & DealsSoftBank considers Allied Universal deal at about $18 billion valuation
- Energy & CommoditiesWorld Bank sets $19 billion goal for critical minerals financing
- Crypto & Digital AssetsCircle targets expansion into about 40 new markets
- FinanceNorway panel proposes letting wealth fund invest in nuclear arms makers
- TechMeta opens Muse Spark model weights to developers
EU-China agreement limits hybrid car exports and eases rare earths licensing
The deal allows 350,000 Chinese hybrid cars into the EU annually under quotas, as officials question whether concessions will slow work on stronger trade defenses.
Nasdaq leads stock declines as dollar approaches weekly loss
European shares rose despite U.S. technology-sector weakness, while G7 government bonds were poised for their best week since late May.
BOJ's Ueda stresses inflation risks ahead of October policy meeting
Japan's central bank governor said Middle East tensions, AI-related demand and currency movements could push underlying inflation above its 2% target.
CoreWeave CEO and linked entities sold nearly $1 billion in shares
Regulatory filings show most sales followed preset trading plans, while roughly $40 million covered taxes on vested stock.
Proofpoint agrees to acquire Varonis for about $6.3 billion
Varonis shareholders are to receive $49.75 a share in cash, a 52% premium to the stock's June 22 closing price, the companies said.
Uzbekistan agrees $4.7 billion energy package and seeks nuclear expansion
The country plans competitive bidding for future power projects as it seeks investment to serve rising industrial and data-center demand.
French lawmakers back crypto exit tax, but budget hurdle remains
Committee proposals would cover crypto holdings above €800,000 and require disclosure of some self-custody wallets. They must be resubmitted after a budget vote.
Norway panel proposes letting wealth fund invest in nuclear arms makers
The proposed exemption would cover manufacturers in nuclear-weapon states recognized under the NPT that are also Norway’s NATO allies.
Meta opens Muse Spark model weights to developers
The coding and AI-agent model has 816 billion parameters, with 42 billion active at any one time, Meta said.