Business & Economics

921 stories · Page 31 of 93

Berlin Snubs UniCredit’s Hostile Push for Commerzbank

On 16 June 2026 Germany’s finance agency refused to tender the state’s 12-13 % stake in Commerzbank, effectively derailing UniCredit’s €40 billion all-share takeover days before the offer window closes.

Reliance Jio Files DRHP for $4 B IPO at RIL’s 49th AGM

On 19 June 2026, during Reliance Industries’ 49th Annual General Meeting, Mukesh Ambani confirmed that Jio Platforms had lodged its draft prospectus with SEBI for an initial public offering of 27 crore new shares, aiming to raise roughly $4 billion and list India’s biggest tech company.

Trump Reveals Unconfirmed Apple-Intel U.S. Chip Foundry Pact

On 18 June 2026 President Trump announced on Truth Social that Apple has struck a deal for Intel to fabricate its chips in U.S. plants, a claim that—though still unverified by either company—immediately propelled Intel’s share price and spotlighted Washington’s 10 % equity bet on the chipmaker.

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