WASHINGTON: Clothing and home goods prices could rise between 4% and 10% if the ongoing conflict in the Middle East extends into the autumn and drives up fuel and fabric costs for manufacturers, a retail industry executive said. While the…
WASHINGTON: American importers can begin applying Monday for refunds totaling $166 billion plus interest on tariffs the Supreme Court struck down two months ago, U.S. Customs and Border Protection announced. The online portal, called the Consolidated Administration and Processing of…
OKLAHOMA CITY: USA Rare Earth said Monday it has agreed to acquire Brazilian rare earths miner Serra Verde in a $2.8 billion cash-and-stock deal, a move aimed at reducing Western dependence on Chinese dominance of the global supply chain for…
INDIANAPOLIS: Eli Lilly will acquire biotech company Kelonia Therapeutics in a deal worth up to $7 billion, the company said Monday. Lilly will pay $3.25 billion upfront, with remaining payments contingent on clinical, regulatory and commercial milestones. The transaction is…
DAYTONA BEACH: QXO, Inc. (NYSE: QXO) has entered into a definitive agreement to acquire TopBuild Corp. (NYSE: BLD) (“TopBuild”) for approximately $17 billion, significantly expanding QXO’s scale and capabilities across the building products value chain. The transaction is expected to…
LONDON: Cordel Group PLC, an artificial intelligence platform specializing in transport corridor analytics, has been awarded a £3 million contract by Network Rail Infrastructure Ltd to provide point cloud data processing for structure gauging outputs at scale across Britain’s rail…
LONDON: evoke plc confirms that it is in discussions with Bally’s Intralot S.A. regarding a possible offer for the entire issued and to be issued share capital of the Company at a price of 50 pence per share. The proposal…
LONDON: ECR Minerals PLC, an AIM-listed gold exploration and development company focused on Australia, said Tuesday it has agreed to acquire Paleogold Ltd. in a fully funded, staged transaction designed to deliver nearer-term gold production and scalable cash flow. The…
LONDON: Ferrexpo plc, the London-listed iron ore producer, has agreed to sell its transhipping vessel Iron Destiny for $7.7 million in net cash proceeds and pushed back its projected liquidity deadline to late August 2026, the company announced Monday. The…
LONDON: Ikigai Ventures Ltd, a special purpose acquisition company listed on London’s Main Market, said Monday it has agreed to acquire international technology group Dotlines in a £55.7 million all-share deal and will move its enlarged share capital to the…
AMSTERDAM: Flow Traders Ltd. (Euronext: FLOW) announced that Frank Drouet is appointed Chief Executive Officer Flow Traders APAC (Asia Pacific) and joins the firm’s Executive Committee (ExCo). Frank Drouet brings more than three decades of experience in global financial markets,…
TORONTO: Pricer AB and its Canadian partner JRTech Solutions have signed a $51 million agreement with supermarket chain Sobeys to deploy digital shelf-edge technology across an estimated 300 to 350 stores. The contract covers Pricer’s latest electronic shelf label system…