In a landmark transaction that is set to reshape India’s Rs 90,000-crore paints industry, JSW Paints will acquire a 74.76% stake in Akzo Nobel India from its Dutch parent in a transaction valued at approximately €1.4 billion ($1.6 billion), including debt.The deal marks a strategic move by the Indian conglomerate…
European stock markets started the final trading session of the week on a strong footing, with major indices firmly in positive territory. This wave of optimism was largely fueled by comments from the White House on Thursday, which suggested potential flexibility regarding looming tariff deadlines, helping to soothe investor concerns…
The United States and China have formally finalized a trade understanding first reached last month in Geneva, a move that could ease tensions between the world’s two largest economies. The deal, which includes a Chinese commitment to deliver rare earth minerals essential to key US industries, was signed two days…
Japan’s NTT Data Group has filed a preliminary prospectus with Singapore’s financial regulator to list a real estate investment trust on the Singapore Exchange, in what could be the largest REIT initial public offering in the city-state since 2017.According to people familiar with the matter, the IPO could raise as…
The risk premium on crude oil faded considerably this week, with prices set for their steepest weekly fall since March 2023 on Friday. However, further declines in oil prices were arrested due to a tight US market, according to experts. This week, Brent crude prices fell from near $80 a barrel to…
Xiaomi stock price has surged to a record high of H$61.05, making it one of the best-performing companies in the Hang Seng Index this year. It has jumped by over 615% from its lowest point in 2022.This performance has diverged from the performance of Apple, its biggest rival whose stock…
Japan’s NTT Data Group has filed a preliminary prospectus with Singapore’s financial regulator to list a real estate investment trust on the Singapore Exchange, in what could be the largest REIT initial public offering in the city-state since 2017.According to people familiar with the matter, the IPO could raise as…
Jio Financial shares witnessed a steep rally on Friday after India’s stock market regulator SEBI gave a green signal to the newly formed Jio BlackRock Broking.With approval from the Securities Exchange Board of India (SEBI), Jio BlackRock Broking can start its operations and act as a stockbroker and clearing member.In…
The CAC 40 Index has pulled back in the past few weeks, moving from a high of €7,960 on May 20 to the current €7,653. It remains about 13% above the lowest level this year. This article explores the top gainers and losers in the index this year.Top CAC 40…
The Trade Desk stock price has moved from the best-performing company in the Nasdaq 100 Index in 2024 into the worst. It has crashed by 42% this year and by 50% from its highest point this year. This crash has brought its market capitalization from nearly $70 billion in November…