European stocks opened broadly lower on Wednesday, erasing the previous session’s positive start to the month as a wave of selling in technology shares spread from the US and Asia, fueled by growing investor anxiety over stretched valuations.The pan-European Stoxx 600 index was down 0.4% shortly after the opening bell,…
Singapore has revoked the tax incentives of two single family offices linked to the US-sanctioned Prince Group, a multinational network accused of being one of Asia’s largest crime syndicates. The move is part of a widening crackdown on illicit wealth flowing through the city-state’s booming family office sector.Chee Hong Tat,…
Yum Brands says it is exploring strategic options for Pizza Hut, a review that could include a potential sale as the iconic pizza chain struggles to regain momentum in an increasingly competitive market.Papa John’s, which had been in talks with Apollo Global for a potential $2.1 billion take-private deal, now…
BT share price remained on edge today, Nov. 5, as investors waited for the upcoming financial results, which will provide more information about its performance and the ongoing turnaround efforts. The stock was trading at 180p, down by 17% from its highest level this year.BT share price could form a…
Hong Kong’s stock exchange has reported another record-breaking quarter, signalling a strong revival in listings and trading activity fuelled by renewed investor confidence in Chinese assets. The performance highlights Hong Kong’s return as a key global fundraising hub after years of subdued activity, with rising inflows from mainland firms and…
European stocks opened broadly lower on Wednesday, erasing the previous session’s positive start to the month as a wave of selling in technology shares spread from the US and Asia, fueled by growing investor anxiety over stretched valuations.The pan-European Stoxx 600 index was down 0.4% shortly after the opening bell,…
Everyone says we’re in an AI bubble. CEOs say it. Economists say it. Retail investors say it on social media every day. But while the public worries about overhyped chatbots and sky-high valuations, the biggest technology firms in the world keep signing bigger deals and spending faster.What’s happening right now…
Alphabet’s Google has moved a step closer to completing its $32 billion acquisition of cybersecurity firm Wiz after clearing a major antitrust review by the US Department of Justice (DOJ).The deal, which will become Alphabet’s largest acquisition once finalised, aims to bolster Google Cloud’s cybersecurity capabilities amid intensifying global scrutiny…
Yum Brands says it is exploring strategic options for Pizza Hut, a review that could include a potential sale as the iconic pizza chain struggles to regain momentum in an increasingly competitive market.Papa John’s, which had been in talks with Apollo Global for a potential $2.1 billion take-private deal, now…
Singapore has revoked the tax incentives of two single family offices linked to the US-sanctioned Prince Group, a multinational network accused of being one of Asia’s largest crime syndicates. The move is part of a widening crackdown on illicit wealth flowing through the city-state’s booming family office sector.Chee Hong Tat,…