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Nippon Steel Secures $5.6 Billion in Subordinated Loans to Fund U.S. Steel Acquisition

Nippon Steel Secures $5.6 Billion in Subordinated Loans to Fund U.S. Steel Acquisition

Nippon Steel secures $5.6 billion in subordinated loans from Japanese megabanks to fund its $15 billion acquisition of U.S. Steel, advancing the deal amid regulatory review.

Tesla’s China EV Sales Surge 37% in June: Strong Rebound Amid Competition

Tesla’s China EV Sales Surge 37% in June: Strong Rebound Amid Competition

Tesla’s China EV sales jumped 37% in June 2025 to 61,000 vehicles, signaling a strong rebound amid fierce market competition.

China Industrial Profits Plunge 9.1% in May as Manufacturing Sector Faces Headwinds

China Industrial Profits Plunge 9.1% in May as Manufacturing Sector Faces Headwinds

China’s industrial profits fell 9.1% in May 2025, highlighting ongoing challenges for the manufacturing sector amid weak demand and factory deflation.

Blackstone Acquires $2 Billion in Commercial Real Estate Loans from Atlantic Union Bank

Blackstone Acquires $2 Billion in Commercial Real Estate Loans from Atlantic Union Bank

Blackstone acquires $2 billion in commercial real estate loans from Atlantic Union Bankshares, reflecting trends in CRE lending and regional bank risk management.

Mediobanca Pledges €4.9 Billion Shareholder Reward Amid Rising Takeover Speculation

Mediobanca Pledges €4.9 Billion Shareholder Reward Amid Rising Takeover Speculation

Mediobanca pledges €4.9 billion in shareholder rewards through 2027, amid speculation over a potential Monte dei Paschi takeover.

FedEx Reports Mixed Q4 2025 Earnings Amid Cost Cuts and E-commerce Shifts

FedEx Reports Mixed Q4 2025 Earnings Amid Cost Cuts and E-commerce Shifts

FedEx beats Q4 2025 profit estimates but misses on revenue as cost cuts and slower e-commerce growth shape the company's outlook. Dividend raised by 10%.

Goldman Sachs and Citadel Make Strategic Foray Into Digital Asset Market

Goldman Sachs and Citadel Make Strategic Foray Into Digital Asset Market

Major financial firms are accelerating digital asset integration in 2025, signaling growing institutional confidence in blockchain and cryptocurrency technologies. Wall Street heavyweights Goldman Sachs and Citadel are rapidly expanding their digital asset initiatives, according to reports on Tuesday, reflecting a strategic shift among traditional financial institutions toward blockchain and cryptocurrencies.