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SpaceX is preparing a 2026 IPO that could raise more than $25 billion. The listing would mark a milestone for the commercial space industry and one of the largest public offerings in history.
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U.S. officials warn Indonesia is reneging on vital trade commitments. The 2025 agreement promised sweeping tariff cuts and non-tariff barrier removal. Jakarta now reportedly seeks to reclassify parts of the accord as non-binding. Markets and businesses await clarity as negotiations enter a critical phase.
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Airwallex has raised $330 million at an $8 billion valuation. The company will establish San Francisco as a dual global headquarters to accelerate its U.S. growth and AI expansion. The move follows a 30% valuation rise and marks a major milestone in its global financial technology strategy.
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Meta and NextEra Energy announce major clean energy agreements. Meta has committed to purchasing 2.3 GW of solar power and 165 MW of energy storage from new projects in the U.S., aiming to enhance energy infrastructure and support its data centre operations.
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AT&T ends its diversity, equity, and inclusion policies. The telecommunications giant has pledged to cease DEI initiatives, including hiring quotas and training, following legal scrutiny in the US. The commitment was confirmed in a letter to the FCC.
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GoodData unveils its Intelligence Layer for governed, context-aware AI. The platform embeds data governance, business logic, and semantic integrity into every analytical process, enabling enterprises to make faster, more reliable AI-driven decisions across complex environments.
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November’s US M&A tape did not look busy. It did, however, look big. A handful of multi-billion-dollar deals in consumer health, cancer diagnostics, industrials, and AI infrastructure underscored how 2025’s deal cycle is being driven by scale, category leadership, and infrastructure for an AI-intensive economy.
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88 per cent of organisations fear state cyber threats. A new study by IO finds UK and US businesses increasingly view state-sponsored cyber attacks as a board-level risk, warning that governments are not doing enough to protect the private sector from national-level adversaries.
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Friendly fraud cases are set to rise 25% this weekend. ACI Worldwide warns that retailers could face record levels of transaction disputes between Thanksgiving and Cyber Monday, with the average fraudulent claim now worth $291 — a 21% year-on-year increase.
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US budget deficit rises to $284bn in October. Treasury data shows the early fiscal shortfall driven by delayed receipts and higher interest payments following a temporary government shutdown.