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Oil futures climbed sharply Thursday, with global benchmark Brent crude topping $100 a barrel for the first time since May, after Yemen's Houthi militants claimed attacks on two Saudi Arabian tankers in the Red Sea.
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Ford and Geely plan for the joint venture will begin operations in the first half of 2027, with the first new vehicles scheduled to roll off the line in 2028.
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Alphabet's cash burn raises alarm for Big Tech as AI spending climbs ReutersGoogle's extreme AI capex spending plans trigger a technical warning on the stock price Yahoo FinanceGoogle just had its first negative cash flow quarter ever due to massive AI spending Ars TechnicaThe Metric Spooking Investors in Tesla's and Google's Earnings WSJ
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The recent rebound reflects traders' growing concern about the expanding war, which now extends from the Persian Gulf to the Red Sea.
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Avenue Growth Partners has closed its second fund on its $155m hard cap, more than doubling the size of its debut vehicle amid a continued push from LPs into AI verticals.
The post Avenue Growth Partners hits hard cap with $155m Fund II as LP demand backs vertical AI strategy appeared first on AltAssets Private Equity News.
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Murdoch and Musk in the crosshairs at Venice film festival The GuardianA 4-hour Elon Musk documentary and a dark CIA comedy lead Venice Film Festival lineup AP NewsVenice Film Festival 2026 Lineup DeadlineAlex Gibney's Elon Musk Documentary to Premiere in Venice — With a Nearly Four-Hour Runtime The Hollywood ReporterVenice Film Festival Lineup: Robert Pattinson's Primetime, Oasis Doc
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5 smartwatches you should buy instead of the Samsung Galaxy Watch Ultra 2 Android AuthoritySamsung Galaxy Watch Ultra2 and Watch9: Your Health Companion on the Wrist Samsung Global NewsroomGalaxy Watch Ultra 2 and Galaxy Watch 9 First Look: Better Battery, Better AI, Higher Price Mashable[Galaxy Unpacked July 2026] A First Look at Galaxy Watch Ultra2 and Galaxy Watch9 Samsung Mobile PressSamsung gives its newest Galaxy Watches longer software support SamMobile
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Google Hit With $1 Billion Fine for Abusing Its Power in Europe The New York TimesGoogle slapped with $1 billion fine under landmark EU digital law CNBCEU fines Google €890m for competition breaches over search and apps The GuardianGoogle fined $1 billion by EU over its Play app store and search engine CBS NewsGoogle hit with $1 billion EU fine, first under landmark rules Reuters
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Real assets investor Townsend has raised more than $2bn for its latest real estate secondaries strategy, with the global real assets specialist targeting a total raise of $3bn to capitalise on growing demand in the asset class.
The post Townsend raises $2bn for real estate secondaries strategy, eyes $3bn appeared first on AltAssets Private Equity News.
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Robust first-half earnings from Morgan Stanley and Goldman Sachs last week have triggered earnings and recommendation upgrades from research analysts as they say Wall Street's success may be shared in Europe as well.
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Bregal Milestone has held the final close of its third flagship fund at its increased hard cap of €915m - capping an oversubscribed fundraising that almost doubled the size of the firm's maiden vehicle.
The post Bregal Milestone hits €915m hard cap for third European software fund appeared first on AltAssets Private Equity News.
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