Bloomberg Markets
Deutsche Bank AG and Goldman Sachs Group Inc. are among banks that have lined up around €1.7 billion ($1.97 billion) of debt financing that will back Triton Partners’ acquisition of German gearbox-maker Flender GmbH.
Bloomberg Markets
China’s credit expansion held up better than expected in May, rebounding after a rare contraction in loans the previous month.
Yahoo Finance
Yahoo Finance
Bloomberg Markets
ElevenLabs Chief Executive Officer Mati Staniszewski says a growing number of founders believe they can build global companies from Britain.
ElevenLabs, which uses AI to create a variety of realistic voices, is the UK's most valuable AI start-up at $11 billion.
Staniszewski spoke to Bloomberg's Tom Mackenzie at London Tech Week. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
Prestige Estates Projects Ltd., which counts BlackRock Inc. and Vanguard Group Inc. among its investors, is targeting about 600 billion rupees ($6.3 billion) in estimated sales value for this financial year as the developer prepares to launch projects across the country, its billionaire founder said.
NY Times Business
The previous record was set over six years ago. But SpaceX, whose stock begins trading on Friday, is on track to raise tens of billions of dollars more.
Yahoo Finance
NY Times Business
The amount of oil and fuel stored by businesses and governments has fallen sharply since the start of the U.S.-Israeli war against Iran.