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The decades-old relationship between the Japanese yen and the US-Japan interest rate gap has collapsed, according to Apollo Global Management, with the currency now driven by Tokyo's fiscal trajectory rather than yield spreads.

Apollo Global Management has agreed to acquire European budget carrier easyJet for £5.70 billion ($7.7 billion), taking the airline private after rival bidder Castlelake withdrew from its pursuit, Reuters reported on Thursday.

Bayer announced on Friday that it has secured €3 billion ($3.4 billion) in equity capital from funds managed by Apollo Global Management through a deal involving its long-acting reversible contraceptives business, as the German conglomerate moves to shore up a…

EasyJet said on Friday it had agreed in principle to a £5.7 billion ($7.7 billion) takeover by Apollo Global Management, after the US private equity giant gatecrashed a rival bid from Castlelake with a higher offer of £7.15 per share…