BlackRock (BLK.N) has made a bold move by announcing its acquisition of Global Infrastructure Partners (GIP) for a whopping $12.5 billion. This strategic investment marks a significant commitment to alternative assets and
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On Wednesday, UK insurers witnessed a significant dip in their stock prices, as concerns surfaced regarding the viability of premium finance products in the wake of comments made by the Financial Conduct
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Japan’s Nikkei share average achieved a significant milestone, closing at its highest level in 34 years, fueled by a surge in technology shares following overnight gains in U.S. counterparts. Additionally, a weakened
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BlackRock, the world’s largest asset manager, has revealed plans to reduce its workforce by approximately 3%, which translates to around 600 positions being cut. This decision comes despite the company’s anticipation of
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The unexpected narrowing of the U.S. trade deficit in November can be attributed to a decline in imports of consumer goods, reaching a one-year low, driven by a slowdown in domestic demand.
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BioNTech (22UAy.DE) announced its expectations of a return to revenue growth by 2025, signaling optimism for the future. The German biotech company, renowned for its collaboration with Pfizer (PFE.N) on COVID-19 vaccines,
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In a pivotal court hearing on Tuesday, a Washington appeals court cast doubt on former President Donald Trump’s assertion of immunity from criminal charges related to his efforts to overturn the 2020
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Saudi Arabian media conglomerate MBC Group experienced a spectacular market debut on Monday, with its shares surging by an impressive 30% above their initial listing price. This remarkable performance came after the
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Boston Scientific, a prominent medical device manufacturer, announced on Monday its acquisition of Axonics Inc for a substantial $3.7 billion, a move aimed at expanding its presence in the medical field. Through
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CMC Markets (CMCX.L) has revised its full-year operating income forecast upward due to a robust third quarter driven by improved market conditions. As a result, the online trading platform’s shares surged by
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