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The Limits of Deglobalization: A Merger Signals Hope for the Shipping Industry
The recent merger of two prominent shipping companies may serve as an indication that the trend of deglobalization…
A Challenging Takeover for Macy’s
Citi analysts have downgraded Macy’s stock from Neutral to Sell, citing the complexity of a potential takeover in…
Lucid CFO Resigns, Stock Falls in Pre-market Trading
Lucid, a prominent electric vehicle manufacturer, saw a decline in its stock price during pre-market trading on Tuesday…
Thailand Stocks Decline
Thailand stocks experienced a decline on Tuesday, with the all-company Thailand SET Index TH:SET falling 0.7% to 1,371.74.…
Ship Attacked near Yemen’s Red Sea Coast
Dubai, United Arab Emirates – A ship off the coast of Yemen in the Red Sea has come…
Sanofi Scraps Agreement with Maze Therapeutics
Sanofi SA announced late Monday that it has decided to terminate its agreement with biotech company Maze Therapeutics…
Oracle Corp.’s Quarterly Revenue Falls Short of Expectations, Shares Drop
Oracle Corp., a leading software giant, experienced a 7% drop in shares during Monday’s aftermarket trading as its…
Manchester United Stake Deal Faces Delay
Reports that British billionaire Sir Jim Ratcliffe’s $1.57 billion deal for a 25% stake in Manchester United would…
Sprouts Farmers Market Expands Partnership with Uber Eats
Sprouts Farmers Market Inc. recently announced its plans to expand its partnership with Uber Eats and make their…
Canadian Western Bank Foresees Strong Financial Results
Canadian Western Bank is anticipating robust financial performance in the upcoming year following an increase in earnings for…
Broadcom Exceeds Profit Expectations in Q4
Broadcom Inc., a leading chip company, has reported better-than-expected profits for the fourth quarter. However, the company’s shares…
Consumer Credit Growth Slows in October, Falling Short of Forecasts
According to the Federal Reserve, total consumer credit saw a rise of $5.2 billion in October, marking a…