Coca-Cola Co. is considering taking its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt. (HCCB), public, as per a Bloomberg report.The supposed IPO could be one of the most anticipated listings in India’s growing IPO market.The beverage giant has reportedly met with bankers in recent weeks to discuss a potential offering…
Ferrari stock price has crashed into a bear market this year after plunging by over 25% from its highest point in July. RACE was trading at $392, lowering its market capitalization to $94 billion, down from $124 billion in March. This article explores the top reasons why the stock has…
The S&P 500, Dow Jones, and Nasdaq 100 indices and their exchange-traded funds (ETF) future continued their strong downward trend on Friday. Futures tied to the three indices fell by 60, 275, and 265 points, respectively. This crash is a continuation of what happened on Thursday when they plunged by 0.63%,…
Man Group (EMG.L) shares rose 2.6% on Friday to their highest level since early April, after the hedge fund reported a 22% increase in assets under management (AUM) to a record $213.9 billion for the year ended September 30. The outcome exceeded market expectations, as Jefferies analysts had predicted a…
Laos is preparing to disconnect cryptocurrency miners from its national grid by the first quarter of 2026, as per a Reuters report.The government says the move will help redirect valuable electricity to sectors that contribute more directly to long-term economic growth, such as artificial intelligence data centres, metals refining, and…
Dow futures plummeted by over 350 points on Friday, as investor sentiment remained fragile following renewed concerns over US regional banks and deteriorating credit quality.The futures on the Dow Jones Industrial Average slipped about 0.8%, while S&P 500 and Nasdaq 100 futures declined 1.1% and 1.3% in premarket trade.The sharp…
A €17 billion ($19.72 billion) joint bid by Bouygues Telecom, Iliad-owned Free and Orange for most of the assets of SFR, France’s second-largest telecom operator, could serve as a key test for Europe’s telecoms market, Reuters said in a report.The non-binding proposal that could reduce the number of French network…
McEwen (TSX:MUX,NYSE:MUX) has agreed to acquire Canadian Gold (TSXV:CGC,OTCQB:STRRF) in an all-share transaction that values Canadian Gold at a 96.7 percent premium over its pre-announcement trading price. The deal, announced on Tuesday (October 14) and finalized under a definitive arrangement agreement signed on October 10, will see McEwen acquire Canadian…
Zions Bancorp announced a $50 million charge-off on two troubled loans at its California Bank & Trust unit, while Western Alliance Bancorp revealed it is suing a borrower for alleged fraud. These developments rattled the regional banking sector, sending both stocks tumbling more than 10% intraday.The turmoil triggered broader selling…
Tactical Resources Corp (TSXV:RARE)(OTC PINK:USREF) (“Tactical Resources” or the “Company”), a mineral exploration and development company, today announced a business update. Nasdaq Transaction and U.S. Government Relations Progress Tactical Resources continues to make progress with key project activities and is working to close its previously announced business combination with Plum…