Brazil President Luiz Inacio Lula da Silva’s administration is racing to balance public accounts ahead of next year’s elections, with the economic team now focused on offsetting the IOF tax. One option under debate is raising the proposed income tax on Agribusiness...

Apollo Global Management Inc. is rolling out three new private capital funds for wealthy individual investors in Europe, intensifying the competition for a group seen as key to the growth of private markets. The three new funds will broaden access to Apollo’s European...

Three years after OpenAI and Nvidia Corp. helped kick off the global artificial intelligence frenzy, the two firms are joining forces to pave the way for a more costly phase of development with a deal that’s quickly revived fears of an AI bubble. Nvidia on Monday said...

UN Secretary-General Antonio Guterres warned the world had entered an age of “reckless disruption and relentless human suffering” as he offered a pessimistic global outlook to world leaders gathered in New York. Guterres lamented “sovereign nations invaded, hunger...

Artificial intelligence companies like OpenAI have been quick to unveil plans for spending hundreds of billions of dollars on data centers, but they have been slower to show how they will pull in revenue to cover all those expenses. Now, the consulting firm Bain &...

The private market is experiencing a period of significant growth, defined by record level valuations1 and a recent surge of investor enthusiasm.2 Since the end of 2022, the value of the top seven private companies — The Private Magnificent 7 (“Private Mag 7”) —...