Is a private equity billionaire going to be the treasury secretary of the US, one of the most important cabinet positions yet to be filled by incoming president Donald Trump?

Another billionaire in Team Trump 2.0? Marc Rowan a top contender for treasury secretary

The joint venture aimed at boosting Intel's EU expansion Apollo Global Management stated on Tuesday that it will spend $11 billion to acquire a 49 per cent stake in Intel's Fab 34 joint venture in Leixlip, Ireland.

Apollo Global Management acquires 49% stake in Intel’s Ireland Fab 34 venture for $11 billion

New York-based financial giant Apollo Global Management has reported a remarkable surge in profits, reaching $1 billion. This represents an impressive 75 percent increase in adjusted net income for the April-June quarter, translating to $1.

Apollo Management shares hit all-time high after company records $1 billion in profits

After incurring huge third quarter losses, Credit Suisse has announced a string of radical measures to turn around the fate of the bank. It plans to revamp its investment banking unit and will also slash 9,000 jobs, besides raising fresh capital.

Credit Suisse announces 'radical restructuring' to create a 'more stable bank'; to slash 9,000 jobs