Broadcom Inc said on Thursday it will acquire cloud computing company VMware Inc in a $61 billion cash-and-stock deal, the chipmaker's biggest and boldest bid to diversify its business into enterprise software.

Vanguard, the world's second-biggest asset manager, said it expects nine funds managing $290 billion to reach the world's climate goal by 2050 and be at least half way there by 2030, drawing criticism from campaigners for a lack of ambition.

Broadcom Inc said on Thursday it will buy cloud service provider VMware Inc in a $61 billion cash-and-stock deal to further diversify the chipmaker's business into enterprise software. (Reporting by Chavi Mehta in Bengaluru; Editing by Shounak Dasgupta)

Elon Musk has won the backing of some of the world's wealthiest investors for his $44 billion takeover of Twitter Inc. From Oracle Corp's co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors had thrown their weight behind the offer. Musk on Wednesday pledged an additional $6.25 billion in equity fin

Toshiba Corp nominated an executive from M&A advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors on Thursday, in a board overhaul that could intensify pressure to take the conglomerate private.

Canadian data analytics software maker Telus International made and then abruptly withdrew a A$1.2 billion ($830 million) buyout approach for Australian rival Appen Ltd, Appen said on Thursday.

Fortescue Metals Group is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen as part of the Australian mining giant's ambition to become the world's top green energy group.

Elon Musk on Wednesday pledged an additional $6.25 billion in equity financing to fund the $44-billion offer for Twitter Inc, reducing the billionaire's margin loan against his Tesla Inc shares to zero.

BlackRock and other big McDonald's shareholders are backing the company in a boardroom vote, putting the fast-food chain on course to defeat investor Carl Icahn in his campaign over animal welfare, sources said on Wednesday.

Index fund BlackRock and other major McDonald's shareholders are backing the company in a boardroom vote that puts the fast-food chain on course to defeat investor Carl Icahn who sought to replace two directors and raise awareness about animal welfare, sources said on Wednesday.