LKQ is taking a major strategic step: the auto-parts giant has hired Bank of America to sell Keystone Automotive Industries, its specialty parts business, sources told Reuters. 💰 Deal Size & Valuation 🔍 Why the Sale Now? Investor pressure is building. Many want LKQ to shed non-core assets and unlock shareholder value, especially as: 🏭...
Global investors entered 2025 with a record-long yen position, expecting two major macro themes to finally align: Instead, the opposite happened — turning what looked like a consensus “sure win” into one of the costliest FX missteps of the year. 🔹 What Went Wrong? 1. The U.S. Economy Refused to Slow Down Despite tariffs and...
A major proposal from the London Stock Exchange Group (LSEG) and over 100 top UK business leaders has hit strong resistance from pension funds — highlighting a critical debate about growth, risk, and the future of UK investing. 🔍 What Was Proposed? Business leaders urged the government to mandate that UK defined-contribution pension “default funds”...
Anthropic, the San Francisco-based AI startup behind the Claude large language models, announced plans to invest $50 billion in building new data centers across the United States — one of the largest AI infrastructure commitments ever made by a private company. The investment, made in partnership with infrastructure provider Fluidstack, will see facilities built in...
Crypto asset manager Grayscale has officially filed for its U.S. IPO — and the numbers highlight both the momentum and the growing pains of the digital-assets industry. 🔹 Key Financials (9M 2025) Despite the revenue decline, Grayscale remains one of the most influential crypto players, operating a leading spot Bitcoin ETF and shaping U.S. regulation...
British utility SSE (LSE: SSE) announced a bold £33 billion five-year investment plan, including a £2 billion ($2.68B) equity raise, to upgrade the UK’s electricity grid and expand its renewables portfolio — sending its shares up more than 11% to a record high. The move underscores Britain’s urgent need to modernize its power infrastructure to...