U.K. equities slump as Reeves’ position triggers investor unease; European banking stocks shine LONDON: European stock markets closed slightly higher Wednesday, led by gains in continental banks and mining shares, while U.K. equities wobbled amid political uncertainty surrounding Chancellor Rachel…
Dow Jones nears record high as investors balance trade optimism with labor concerns U.S. stocks edged higher Wednesday as optimism over trade agreements helped buoy sentiment, even as fresh data pointed to a weakening labor market, intensifying expectations for interest-rate…
Arista Networks has acquired the VeloCloud software-defined wide area network (SD-WAN) business from Broadcom, the companies announced, marking a strategic move as network architectures shift toward AI-optimized, distributed environments. VeloCloud, originally acquired by VMware in 2017 to expand its network…
Apple is reportedly developing a more affordable MacBook powered by the same A18 Pro chipset expected in the iPhone 16 Pro—marking a major shift from its M-series processors. The device, codenamed Mac17,1, could hit the market in late 2025 or early…
SYDNEY: Loyal Metals Ltd. (ASX: LLM) announced Wednesday it has secured a binding option to acquire the Highway Reward Copper Gold Mine in Queensland, Australia — historically ranked among the highest-grade copper producers globally. Under the agreement, Loyal Metals plans…
MELBOURNE: Terra Uranium Limited (ASX: T92) announced today it has entered a binding agreement to acquire Dundee Resources Pty Ltd, securing 100% ownership of the Glen Eden Tungsten-Molybdenum Project in New South Wales, the largest undeveloped tungsten project in the…
LONDON: Baker Steel Resources Trust Ltd. said Wednesday that it expects to receive approximately $5.16 million in cash in the third quarter, following the divestment of a key royalty interest in a Russian silver project. The company announced that PAL,…
LONDON: Private equity firm Kohlberg Kravis Roberts & Co. (KKR) has agreed to acquire British precision measurement company Spectris plc in a recommended cash deal valued at approximately £4.1 billion ($5.2 billion). Under the terms of the acquisition, Spectris shareholders…
BARCELONA: Banco Sabadell’s board agreed Tuesday to propose the sale of its British subsidiary, TSB, to Banco Santander for £2.9 billion (€3.4 billion) in cash, with the deal expected to close in the first quarter of 2026. The Spanish bank…
SAN FRANCISCO: Figma, a design software company, has filed for an initial public offering on Tuesday, marking one of the most anticipated market debuts in recent years as it prepares to list on the New York Stock Exchange under the…
Euronext is in discussions to purchase up to 100% of the Athens Stock Exchange in a 399 million euro ($470 million) all-share deal, according to Reuters. The move would mark the latest expansion for the pan-European exchange operator, which already…
ATHENS: Intralot S.A. (ATSE: INLOT) and Bally’s Corporation (NYSE: BALY) announced Tuesday that their boards have approved a definitive agreement for Intralot to acquire Bally’s International Interactive business in a cash-and-stock transaction valued at €2.7 billion ($2.9 billion). The deal,…