TURIN (Reuters) -Amazon ( AMZN ) founder and executive chair Jeff Bezos said on Friday gigawatt-scale data centres will be built in space within the next 10 to 20 years, predicting they would eventually outperform Earth-based ones thanks to the abundance of uninterrupted solar energy. The number of these enormous centres, which store computing infrastructure, is growing exponentially as the...

White Mountains Insurance Group ( WTM ) shares traded higher on Friday after the company announced plans to sell a controlling interest in Bamboo, its technology-driven homeowners’ insurance distribution platform, to funds advised by CVC Capital Partners. The deal values Bamboo at $1.75 billion. Operating in California and Texas, Bamboo specializes in data-enabled underwriting and distribution for the residential property...

LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Arrowstreet Capital, Limited Partnership (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...

09:25 AM EDT, 10/03/2025 (MT Newswires) -- Franklin Resources ( BEN ) said Friday it has completed the acquisition of pan-European private credit firm Apera Asset Management, which had more than 5 billion euros ($5.3 billion) in assets under management as of Sept. 30. The deal boosts Franklin Resources' ( BEN ) global alternative credit assets under management to more...