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Biden to Block U.S. Steel Sale to Japanese Buyer, Sources Confirm

U.S. President Joe Biden has decided to block Nippon Steel's proposed $14.9-billion acquisition of U.S. Steel, a move that is expected to end the...

US Stock Futures Dip After Wall Street Declines Amid Year-End Profit-Taking

U.S. stock futures declined on Monday evening following a sharp pullback on Wall Street, as investors engaged in profit-taking at the close of a...

Japan’s Comedian-Turned-Investor Launches New Fund with Ex-Goldman “Stock Geek”

In a surprising turn of events, a former comedian and a self-proclaimed "stock otaku" have joined forces to launch a new stock fund in...

Taiwan Blocks Uber’s $950 Million Acquisition of Foodpanda Over Anti-Competition Concerns

Taiwan has blocked Uber Technologies' $950 million acquisition of Foodpanda’s operations on the island, citing anti-competition concerns, according to a report by Taiwan's official...

Indonesia Stocks Lower at Close of Trade; IDX Composite Index Down 0.43%

Indonesia's stock market closed lower on Wednesday, with the IDX Composite Index falling by 0.43%, as a broad-based decline in the Financials, Agriculture, and...

Aviva to Acquire Direct Line in £3.7 Billion Deal

Aviva (LON: AV) announced on Monday that it has entered into a definitive agreement to acquire Direct Line Insurance Group (LON: DLGD) in a...

Aussie Bourse Operator ASX to Defer Settlements After CHESS Software Outage

Australian Securities Exchange (ASX) has announced that it will defer the settlement of trades from Friday to Monday due to a significant malfunction in...

Nike Shares Slide as Guidance Flags ‘Severe Issues’; Q2 Results Top Estimates

Nike's stock has been facing turbulence after the company reported fiscal second-quarter earnings that exceeded analysts' expectations, but provided disappointing guidance for the upcoming...

European Stocks Drop Following Hawkish Fed Signals

European stocks experienced a sharp decline on Thursday, heading for their largest percentage drop in five weeks, as investors pulled out of riskier assets,...

Micron Shares Fall After Missed Q2 Forecast

Micron Technology Inc. (NASDAQ: MU) shares took a sharp dive, falling 14% in extended trading on Wednesday after the company issued a second-quarter guidance...

SoftwareOne to Acquire Crayon Group in $1.4 Billion Deal

SoftwareOne Holding AG (SIX: SWON) has announced an agreement to acquire Crayon Group (OL: CRAYN) for a deal valued at $1.4 billion, marking a...

Ferrovial Sells Stake in Heathrow for €2 Billion

Ferrovial has completed the sale of a substantial portion of its stake in FGP Topco Ltd., the parent company of Heathrow Airport Holdings Ltd.,...

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