Russia’s Lukoil in Talks to Sell Some Assets to U.S. Investment Firm
Lukoil announced it is negotiating the sale of its foreign assets to Washington‑based Carlyle, a move prompted by U.S. sanctions imposed last year. The proposed transaction would transfer all overseas holdings except those in Kazakhstan, pending Carlyle’s due diligence and U.S. Treasury approval. Lukoil has not disclosed any financial terms and says it continues discussions with other potential buyers. The deal illustrates how sanctions are reshaping the ownership structure of Russian energy assets abroad.
The A.I. Boom’s Uncertain Payoff
Meta announced a capital‑expenditure budget of $115‑$135 billion for 2026, with the bulk earmarked for artificial‑intelligence initiatives, sending its stock up 8%. Microsoft reported $37.5 billion in capex for the latest quarter, a 65% year‑over‑year increase, yet its shares slipped more than...
Clay, an A.I. Sales Start-Up, Lets Employees Cash Out. Again.
Clay, an AI‑driven sales and marketing startup, announced a second employee tender offer, letting staff sell shares at a $5 billion valuation—up from $1.5 billion in its first tender. The new offer arrives nine months after the initial buyback and follows a...
