FinNotes

10 matches across 1 sections

Market news & articles

Economy · 2 days ago

World Bank says Cambodia's economy is holding up as 2025 FDI climbs and early-2026 exports rise

The World Bank said Cambodia’s economy remained resilient, with foreign direct investment reaching $5.1 billion, or 10.1% of GDP, in 2025, up 15% from a year earlier. Goods exports excluding gold increased 17.7% year on year in the first quarter of 2026, according to its June update.

Deals & Capital Markets · 2 days ago

Ares secures $8.5 billion for specialty credit vehicle, topping target within six months

Ares Management said it raised $8.5 billion from institutional investors for its latest specialty credit fund, exceeding its $6.5 billion target and hitting the fund's hard cap less than six months after its January 2026 launch. The fundraising was disclosed amid slower flows from retail and wealthy clients and higher redemption requests.

Geopolitics & Trade · 3 days ago

Airbus looks to form Germany-backed partnership after France-Germany fighter program is shelved

Germany and France have agreed to end their joint next-generation fighter program, which paired a core aircraft with drones and a classified combat-cloud network after months of uncertainty. Berlin and Paris are now focusing on a combat cloud linking aircraft, drones and sensors and may pursue separate national designs, prompting Airbus to seek new partners.

Deals & Capital Markets · 3 days ago

Anthropic secures $35 billion private credit package led by Apollo and Blackstone

Anthropic said it has completed a $35 billion private credit financing led by Apollo Global Management and Blackstone. The company described the transaction as among the largest private credit deals. The debt package is structured in three tranches, including a $6 billion Senior A1 tranche and a $24 billion A2 tranche.

Deals & Capital Markets · 3 days ago

OpenAI confidentially submits draft S-1, opening path to a U.S. IPO

OpenAI said it has confidentially filed a draft S-1 registration statement with the U.S. SEC for a potential initial public offering. The company did not disclose deal size or terms and said it has not set a timetable. It said the filing preserves flexibility while it remains focused on building AI products.

Deals & Capital Markets · 3 days ago

GSK agrees to acquire Nuvalent in $10.6 billion cash deal

GSK said it has agreed to buy Nuvalent for $10.6 billion, launching a tender offer at $124 per share in cash. Net of cash acquired, GSK estimates the aggregate investment at about $9.4 billion. The transaction includes three lung cancer programs, including zidesamtinib and neladalkib under regulatory review.

Economy · 4 days ago

World Bank warns Thailand’s data center buildout could strain water and power without broader digital economy gains

The World Bank said data centers consume large amounts of water and electricity and warned Thailand may not yet have a sufficiently developed digital economy to generate economy-wide benefits that offset those resource demands. It also cited the absence of mechanisms to price industrial resource use, including water, as a key challenge.

Deals & Capital Markets · 4 days ago

Blackstone Markets Over $2B in Private Fund Interests via Bond-Backed Structure, FT Reports

Blackstone Inc is seeking to sell more than $2 billion of stakes it holds in private investment funds, according to the Financial Times. The firm is marketing a collateralized fund obligation that would bundle interests in leveraged buyout funds and issue bonds to investors, including insurance companies.

Deals & Capital Markets · 4 days ago

Carlsberg reportedly plans to file draft papers for India unit IPO seeking up to $700 million

Carlsberg A/S is preparing to submit draft documents for an initial public offering of its India business as early as this month, according to reports. The potential listing may raise up to $700 million and could be structured as a secondary share sale. Kotak Mahindra Capital and local units of JPMorgan and Citigroup are said to be advising.

Companies & Earnings · 5 days ago

Airbus reconsiders timing for launching a stretched A220 variant, sources say

Airbus is reviewing whether to proceed sooner with a larger, stretched version of its A220 jet after expectations that the program could move closer to launch this year, sources said. The company has signaled it is assessing technical and market factors, including the aircraft’s potential range and customer considerations.