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Browsing: Business
Couche-Tard’s $38.6 billion offer was turned down by Seven & i, the parent company of 7-Eleven, citing undervaluation and concerns over U.S. regulatory approval.
European and Asian markets dropped Friday as investors awaited key U.S. payroll data. The expected report could shape the Fed’s next interest rate decision
JPMorgan has downgraded Chinese stocks to neutral, citing risks of a second tariff war and concerns over China’s economic performance, advising investors to shift to other markets.
Verizon will acquire Frontier Communications for $9.6 billion, expanding its fiber network and adding 2.2 million subscribers across 25 states to its Fios service.
The U.S. labor market saw job openings dip to a 30-month low in July, suggesting further cooling as economists closely watch the Federal Reserve.
Nvidia stock fell nearly 10% as global markets tumbled amid growing concerns over the economy. Investors are bracing for key U.S. jobs data later this week.
In a tit-for-tat response to Canada’s EV tariffs, China has begun investigating Canadian canola imports, threatening to exacerbate trade tensions between the two nations.
Dow, S&P 500, and Nasdaq fell Tuesday, with semiconductor stocks leading the market lower as September trading kicked off with volatility.
The UK government’s latest renewables auction secured funding for a record 131 clean energy projects, powering 11 million homes, marking a major step towards energy independence.
British pound is forecasted to rise further against the US dollar, with Bank of America predicting a peak of $1.41 by 2025 amid slower UK rate cuts.
