Octopus Energy to Spin Off Kraken Ahead of Possible IPO
Standalone funding round values Kraken at $8.65 billion
British renewable energy group Octopus Energy is preparing to spin out its artificial intelligence software arm, Kraken...
U.S. Consumer Confidence Ends Year at New Lows
Confidence index slides for fifth straight month
U.S. consumers are closing the year in a noticeably pessimistic mood. The Conference Board reported that its consumer...
Australian Retirement Trust to Buy Stake in Westfield Sydney
Transaction values mall at A$4.3 billion
The Australian Retirement Trust will acquire a near 20% stake in Scentre Group’s flagship Westfield Sydney shopping mall for...
Morgan Stanley Leads Race for SpaceX IPO Role
Bank emerges as front-runner in early talks
Morgan Stanley is emerging as a leading contender for a key role in a potential initial public offering...
Musk signals SpaceX is preparing a 2026 IPO
Musk backs new reporting on public offering plans
Elon Musk has confirmed that a new wave of reporting about SpaceX’s intention to go public in...
