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PayPal Rejects Stripe's $53B Bid, Pushes for Higher Price in Acquisition Talks

NEW YORK, Aug. 15 -- PayPal Holdings' board looked at the $60.50-per-share offer Stripe and Advent International put on the table in July and decided the number was wrong. The payment giant rejected ... Read More


Anthropic's Math for a $2 Trillion IPO Requires Revenue Growth the World Has Never Seen

New Delhi, Aug. 15 -- The math Anthropic needs to justify a $2 trillion valuation requires the company to grow revenue faster than any technology firm in recorded history, a target that has less to do... Read More


IEA Forecasts Global Oil Deficit of 1.8Mln Bpd in Q3 2026 - Report

New Delhi, Aug. 12 -- PARIS - The buffer that has kept global oil markets from fracturing under the weight of the Middle East conflict has, in the space of five months, nearly run out. a sustained co... Read More


Saudi Arabia's Onshore Oil Reserves Hit Record Highs - IEA

New Delhi, Aug. 12 -- RIYADH - Saudi Arabia's onshore oil reserves reached record highs by early August, not because the kingdom pumped less, but because it could not move what it pumped out of the co... Read More


Aluminum Stock Price Exceeds $3,300 per Tonne for 1st Time Since June 22 - Trading Data

LONDON, Aug. 10 -- Aluminum crossed $3,300 per tonne on Monday morning for the first time since June 22, extending August's rally to roughly 3.5 percent since the month began and returning the metal t... Read More


South Korea Asks UK for Exemption From New Sanctions on Russian LNG - Reports

New Delhi, Aug. 7 -- South Korea's trade ministry formally requested a British exemption from London's incoming restrictions on Russian liquefied natural gas Wednesday, as Seoul moved to protect a lon... Read More


Hungary's Losses From Extreme Heat Could Reach $157 Million, Prime Minister Says

New Delhi, Aug. 3 -- The Danube is running too low and too warm to keep Hungary's main nuclear plant cooling properly, and the bill is now measured at as much as 137 million euros. when all units res... Read More


Japan Confirms Joint Yen Intervention With US Treasury, First Coordinated Action Since 2011

New Delhi, Aug. 3 -- TOKYO - For the first time in fifteen years, Washington and Tokyo agreed to move the yen together. Japan's Finance Minister Satsuki Katayama confirmed Monday that Thursday's inter... Read More


Russia Permitted to Raise Oil Output to 9.95 Million Bpd in September Under OPEC+

New Delhi, Aug. 3 -- Seven of the most consequential oil producers in the world met on Sunday and decided, as they have been deciding at roughly monthly intervals since early 2026, to pump a little mo... Read More


Powerball Jackpot Hits $748 Million for Monday Drawing After Another Weekend Shutout

New Delhi, Aug. 3 -- the lump sum that replaces receiving the advertised $748 million in annual payments over 29 years. State taxes apply after that. Legal and financial fees follow. Nobody who bought... Read More