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Politics
Orlando Bravo says AI is boosting software companies
The "SaaSpocalypse" is over, and AI now offers software companies an "enormous tailwind," the founder and managing partner of private equity giant Thoma Bravo has said.Software-as-a-Service stocks came under pressure in February, when…
Why drug development is heading to orbit
The highly anticipated SpaceX mega-IPO is part of a space frenzy that is moving beyond satellite connectivity, launch vehicles, and aerospace defense to the pharmaceutical sector. A growing number of companies are heading to lower Earth…
India’s growth story faces its toughest test yet in Modi’s third term
India's Prime Minister Narendra Modi addresses the gathering at AI Impact Summit, in New Delhi, India February 19, 2026.Press Information Bureau | Via ReutersIn his 12th year as Prime Minister, Narendra Modi continues to be popular in…
Indonesia raises rates in surprise move as rupiah lingers near record lows
A bundle of Indonesian rupiah and US dollar banknotes arranged at a currency exchange office in Jakarta, Indonesia, on Monday, June 8, 2026. Indonesia's finance and central bank officials said over the weekend they will boost efforts to…
Trump says Iran war deal could be reached in ‘two to three days’
President Donald Trump attends Game Three of the NBA Finals between the San Antonio Spurs and the New York Knicks at Madison Square Garden in New York on June 8, 2026.Saul Loeb | Afp | Getty ImagesU.S. President Donald Trump said on…
GSK to acquire U.S. drugmaker Nuvalent for $10.6 billion
GlaxoSmithKline headquarters in London on Jan. 17, 2022.Hannah Mckay | ReutersU.K. pharmaceutical group GSK has entered an agreement to acquire U.S.-based drugmaker Nuvalent for $10.6 billion to bolster its lung cancer pipeline, in what…
Perplexity plans IPO in 2028 as Anthropic, OpenAI prepare listings
Aravind Srinivas, chief executive officer of Perplexity AI Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Thursday, June 5, 2025. David Paul Morris | Bloomberg | Getty ImagesPerplexity is planning to go…
Iraq and UAE race to establish alternative oil pipelines
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026.Hussein Faleh | Afp | Getty ImagesIraq and the United Arab Emirates are fast-tracking…
Tim Cook’s last WWDC, tech IPOs and Middle East tensions
Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference (WWDC) at Apple Park campus in Cupertino, California, US, on Monday, June 8, 2026. David Paul Morris | Bloomberg | Getty ImagesHello, this…
China trade defies Iran war drag as exports, imports beat estimates in May
SHENZHEN, CHINA - MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong…