Prysmian Secures $6.29 Billion Data-Center Cable Deal With Koch-Owned Molex
Business & Markets • 3 months ago
The 10-year agreement aims to bolster Prysmian's fiber capacity in the U.S., with potential listing being considered.
Business & Markets News
Oil Prices Surge Past $90 Amid Escalating Mideast Tensions
Business & Markets • 3 months ago
Stock futures showed slight gains as global markets reacted to the geopolitical instability.
European Airline Stocks Dip as Oil Prices Surge on U.S.-Iran Tensions
Business & Markets • 3 months ago
Fears of supply disruptions and increased travel costs send airline shares lower.
Ryanair Profits Decline Amid Middle East Conflict and Rising Fuel Costs
Business & Markets • 3 months ago
The Irish airline reported a 34% drop in pre-tax profits as geopolitical tensions impacted passenger demand and increased operational expenses.
UK Property Asking Prices See Significant Monthly Drop Amidst Market Challenges
Business & Markets • 3 months ago
Rightmove reports a £3,832 decrease in typical asking prices, with over-priced homes facing longer sale times.
Prologis Says Segro Rejects Third Offer Valued at $18.2 Billion
Business & Markets • 3 months ago
Logistics real estate giant Prologis has stated that its latest takeover proposal for Segro was rejected, marking the third unsuccessful attempt to acquire the UK-based competitor.
US Firm Accused of Exploiting Aviva Shareholders Through 'Mini-Tender' Offers
Business & Markets • 3 months ago
An obscure American company, Litani, is reportedly targeting thousands of private Aviva shareholders with offers to buy their shares at a significant discount.
Morgan Stanley Closes Italian Bond Trade Amid Geopolitical Uncertainty
Business & Markets • 3 months ago
The firm cited limited room for further spread tightening as a reason for exiting the position.
Asian Currencies Face Downward Pressure From Rising Oil Prices
Business & Markets • 3 months ago
MUFG Bank anticipates that escalating Middle East conflict and subsequent oil price increases will negatively impact Asian currencies.