Musk's SpaceX buys AI coding start-up for $60bn days after IPO
SpaceX has agreed to buy AI coding start-up Cursor for $60bn (£45bn) just days after its bumper initial public offering (IPO).
Wednesday, 16 September 2026
Independent coverage of global markets, trade and finance
SpaceX has agreed to buy AI coding start-up Cursor for $60bn (£45bn) just days after its bumper initial public offering (IPO).
Families can now apply for help with the costs of getting ready for the new school year.
From petrol prices to mortgage rates, the US-Israel war with Iran has already had an impact on people's finances in the UK.
Japan's central bank has increased its main interest rate to a new 31-year high after a surge in global energy prices.
Ministers have objected to Thames Water's proposed rescue deal, moving the UK's largest water company closer to public ownership.
Japan's central bank has increased its main interest rate to a new 31-year-high after a surge in global energy prices.
One of the most valuable assets owned by Lancaster University is stored in beer kegs.
The government has objected to a proposed rescue deal for Thames Water, in a move which takes the UK's largest water company a step closer to a form of nationalisation.
One of the most valuable assets owned by Lancaster University is stored in beer kegs.
One of the most valuable assets owned by Lancaster University is stored in beer kegs.
SpaceX raised $10bn (£7.5bn) more than initially thought when it sold shares to the public on Friday - bringing in a total of $85.7bn.
SpaceX raised $10bn (£7.5bn) more than initially thought when it sold shares to the public on Friday - bringing in a total of $85.7bn.
Oil prices have fallen and shares risen after the US and Iran said they had agreed a framework deal to end the war, which US President Donald Trump said would see the reopening of the key Strait of Hormuz shipping route.
Motorists in the UK could be facing cheaper fuel prices as a result of the US and Iran reaching an agreement to end their war.
Media giant Fox is buying the streaming firm Roku in a deal the companies say will create the third largest player in US TV by share of viewing.
More than three months after the US and Israel first began their war with Iran, the White House and the Iranian regime have agreed a framework deal to bring about a more long-term end to hostilities.
Motorists in the UK could be facing cheaper fuel prices as a result of the US and Iran reaching an agreement to end their war.
Motorists in the UK could be facing cheaper fuel prices as a result of the US and Iran reaching an agreement to end their war.
More than two months after the US and Israel first began their war with Iran, the White House and the Iranian regime have agreed a framework deal to bring about a more long-term end to hostilities.
The founder of a community organisation which provides free clothes, toys and equipment for children said demand had "never been higher".
Oil prices fell in early trade in Asia after Pakistan, which has been mediating an end to the US-Iran war, announced a deal that President Donald Trump said would see the reopening of the key Strait of Hormuz shipping r…
Staff at Softstar Shoes in Oregon have discovered a newfound enthusiasm for eking out resources and growing profits.
Water, phone and broadband companies are willing to give millions of people discounted deals on their bills.
Sophistication, freedom, rebellion or just the simple joy of taking to the open road with the wind in your hair. The convertible car used to represent all of these. But over the past two decades sales have collapsed, an…