Business

Prysmian Strikes Deal to Buy US Electric Maker Atkore

Italy’s Prysmian has reached an all-cash deal to buy electrical manufacturing company Atkore Inc. Prysmian said it’s paying $95 per share in an offer that values the company at an enterprise value of about $3.8 billion. Prysmian CEO…

Derivatives Trading Sinks at Biggest Indian Bourse on RBI Curbs

India’s largest stock exchange was severely hit by the central bank’s tighter funding rules implemented last month, with spending on derivatives slumping to a 17-month low.

India to expand export basket to Russia by end of fiscal year — FIEO

Growing opportunities are emerging in processed and ready-to-eat foods, beverages, tea, coffee, spices

AstraZeneca tie-up talks with Bristol-Myers Squibb are moving stocks. Analysts are puzzled.

AstraZeneca shares were slumping while Bristol-Myers Squibb was jumping on Monday on reported deal talks. But the big question is why these two pharmaceutical giants would want to come together in the first place.

UK Shipbroker Clarkson Sees Result Boost from Hormuz Disruption

Clarkson Plc expects its full year performance to be “materially ahead of market expectations” after the shipbroker delivered a record first-half performance boosted by “exceptional volatility” caused by the disruption in the Strait of…

Fed’s Williams Says Interest Rates Are Well Positioned: Reuters

Federal Reserve Bank of New York President John Williams said interest rates remain well positioned as inflation should ease during the second half of the year.

JPY/USD: Why the US Helped Japan Intervention to Prop Up Yen

The yen’s weakness has become a growing issue for Japan’s policymakers, given its role in driving up import prices and household living costs. It’s also become a worry for the US.

Much 'to do' about yen intervention

Alibaba shares rally after unveiling its 'most powerful' AI model as U.S.-China competition heats up

Alibaba unveiled its latest and 'most powerful' AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S.

Atiku faults FG over economy recovery claims

Atiku Abubakar challenges the Federal Government’s claims of economic recovery, citing worsening living conditions and the decline of Nigeria’s manufacturi Read More: https://punchng.com/atiku-faults-fg-over-economy-recovery-claims/

Tourism price wars threaten to dim a rare bright spot in China's consumer spending

China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.

Oil prices drop after Trump cancels attack on Iran to seek nuclear deal