KKR explores $10bn sale of ex-Unilever spreads business
Private capital firm hires bankers to sell Flora Food Group after ditching targets to make its portfolio plant based
Economic news
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UAExit adds momentum to the Opec doom loop
The Emirates’ departure reflects the cartel’s declining market share and the ongoing energy transition
Half of ‘long shot’ Polymarket bets on military action are successful
High rate of winning wagers likely to add to concerns that sensitive information can leak on prediction markets
Google outpaces Big Tech rivals as AI spending plans rise to $725bn
Meta stock drops on capex increase while Alphabet’s cloud business grows faster than rivals Amazon and Microsoft
Starwood real estate fund halts redemptions as bet on lower interest rates bites
Move comes after fund restricted investors’ liquidity rights two years ago
SoftBank plans to list new AI and robotics company in the US
Masayoshi Son plots IPO for business named Roze as soon as this year