The latest news and updates about Capital from trusted sources around the world.
Investors are pulling money out of emerging markets at the fastest pace since April, pressuring a basket of BRICS currencies as worries grow over sovereign debt in several major economies. The…
OpenAI has raised $40 billion in a new Series F funding round, according to people familiar with the deal, pushing the artificial intelligence company’s valuation to $300 billion. The transaction…
The South African rand slipped to an 11-week low on Monday as traders prepared for a BRICS summit and assessed the broader risks facing emerging-market assets. The move reflected renewed caution in…
Lunar Energy has closed a $450 million Series C financing round as it looks to scale its residential battery storage business. The startup’s latest fundraising values the company at $3.2 billion…
Emerging-market currencies advanced on Monday after a pickup in sovereign bond issuance by BRICS members drew fresh investor demand. The Brazilian real and South African rand led the move, supported…
Investors are rechecking risk across several emerging economies after the latest BRICS summit expanded the bloc and revived questions about capital movement. Analysts say the shift could add pressure…
Emerging-market currencies came under renewed strain as investors pulled money from high-yield debt in South Africa, Brazil and India. The move reflects growing caution about slower growth across…
Swedish fintech company Klarna is discussing a fresh $150 million funding round at a $6.5 billion valuation, according to people familiar with the matter. The talks come as the payments firm prepares…
Emerging market currencies strengthened on Friday after new sovereign debt plans from BRICS countries drew fresh foreign investment, traders and analysts said. The move helped lift sentiment across…
Anthropic has closed a $13 billion Series F funding round, lifting the AI startup’s valuation to $183 billion, according to people familiar with the deal cited by Reuters. The financing marks one of…
Emerging-market currencies weakened against the dollar on Friday as investors grew more cautious about rising sovereign debt in several BRICS economies. The pressure added to concerns that heavier…
Emerging market currencies weakened on Friday as investors prepared for a likely Federal Reserve hold on interest rates. The MSCI emerging market currency index slipped 0.4%, reflecting a broader…
