Hyperscalers' debt issuance and Situational Awareness's unravelling have brought the increasingly leveraged foundations of the AI boom into sharp focus. Nvidia has unveiled plans for a new AI funding push that could involve using infrastructure as an investable asset.
Asset manager Blackstone and Quebec's La Caisse pension fund have agreed to acquire a 25% stake in Air Canada's loyalty-points program for nearly US$2 billion, which the airline said would help in its pursuit of an investment-grade rating.
Blackstone Infrastructure's Safe Harbor Marinas, the world's largest owner and operator of marinas, is nearing a $1.5 billion deal to acquire MarineMax , people familiar with the matter said.
Blackstone-owned AGS Health on Friday filed updated draft papers for a 48-billion-rupee ($504 million) initial public offering in India, nearly two months after securing the markets regulator's approval for a listing.
Ransom-seeking hackers who use phone calls to compromise their victims targeted dozens of prominent U.S. financial institutions and other businesses over the past month, according to Google and internet intelligence data reviewed by Reuters.
I went running with Jon Gray, Blackstone's president and chief operating officer, and analysts. Gray's running videos have gone viral, and I felt firsthand why they're a good business strategy.
HSBC , on Friday said it will sell its A$36 billion ($25.30 billion) Australian home and personal loan portfolio to investment giant Blackstone , marking its exit from retail banking in Australia.