The US adhesives group has agreed a 285 pence-a-share cash offer for Advanced Medical Solutions, even as an activist shareholder demands it abandon the pursuit. H.B. Fuller, the St Paul, Minnesota adhesives maker, is closing in on a takeover of Advanced Medical Solutions Group, the AIM-listed British maker of wound-care and surgical-glue products, in a […]
Europe’s largest cloud company posted faster third-quarter growth and reaffirmed full-year guidance, with its public cloud segment back above 20%. OVHcloud, the Roubaix-based group that France keeps nominating as Europe’s answer to the American hyperscalers, reported faster revenue growth in its fiscal third quarter on Thursday and reaffirmed its full-year guidance, helped by a public […]
SK Hynix has filed to raise up to 45.45 trillion won, roughly $29bn, through a listing of American depositary receipts on Nasdaq, the South Korean memory maker disclosed in a regulatory filing on Wednesday. The company has tentatively set July 10 for the debut and intends to issue 17.79 million new shares to back the […]
ByteDance is in preliminary talks with banks about an offshore loan of roughly $20bn, which would be the largest the TikTok owner has ever raised, Bloomberg reported on Wednesday, citing people familiar with the discussions. The company is said to be seeking a facility with a three-year tenor and an option to extend it to […]
A month before a Los Angeles jury was due to hear a Florida teenager’s case, Google quietly stepped out of it, leaving Meta, Snap and TikTok to argue the rest. Google’s YouTube has settled with a teenage plaintiff weeks before he was due to face the company in court, removing itself from the second bellwether […]
Agility Robotics, the Oregon startup behind the bipedal Digit robot, is in talks to go public through a merger with a special-purpose acquisition company in a deal valuing it at about $2.5bn, according to Wall Street Journal. The terms have not been confirmed, the SPAC partner has not been named, and the company has not […]
Blackstone plans to invest roughly $30 billion in artificial-intelligence data centres in Japan over the next three to five years, the firm’s president and chief operating officer, Jonathan Gray, told Nikkei in an interview published on Monday. The world’s largest alternative asset manager is in discussions to develop facilities with a combined capacity exceeding one gigawatt, […]
Ten years ago today, 52% of the British electorate voted to leave the European Union. The decade that followed delivered seven prime ministers, a permanently weakened currency, and an economy that a landmark study now estimates is between 6% and 8% smaller than it would have been had the country voted to remain. On Monday, […]
Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce.” It […]
Seven of Europe’s largest technology companies have created a permanent dialogue with European Commission President Ursula von der Leyen, pressing the bloc to deregulate faster and let European firms consolidate. The group, which calls itself the European Tech Creators, collectively generates €417 billion in annual revenue, represents nearly €1.1 trillion in market capitalisation, and employs close […]
