Rentokil shares plunge as cockroach killer warns of $105 million hit to U.S. arm
The British exterminator said slower sales in North America and negative currency impacts would see its full-year profits drop compared to last year, to sums...
European Central Bank to cut interest rates again as inflation and economy cools
The ECB is expected to trim borrowing costs as its focus shifts from damping inflation to supporting the bloc’s faltering economy.
Abu Dhabi plans $15.9 billion offer for German chemicals giant Covestro: report
Abu Dhabi National Oil Company is expected to make an offer to buy the Bayer spinoff in what would mark the largest cash transaction in...
Commerzbank shares jump as Italy’s UniCredit builds a 9% stake
Commerzbank shares surged on Wednesday after Italy’s biggest bank UniCredit bought a minority stake, triggering speculation a full merger could occur.
The market has pronounced a winner from Tuesday’s debate, and it’s Kamala Harris
Financial markets early Wednesday were moving in a way consistent with reduced likelihood of a second Donald Trump presidency.
Treasury yields hit fresh 2024 lows ahead of CPI inflation report
Bond yields fell early Wednesday as investors prepared for data expected to confirm that inflation is sufficiently benign to allow the Federal Reserve to start...
US federal judge dismisses $100M class action suit against Atomic Wallet
US judge dismissed a class-action lawsuit against Atomic Wallet due to no jurisdiction. The court ruled that there was insufficient evidence and that there was...
News Corp’s REA says $7.3 billion bid for Rightmove was rejected
News Corp-controlled REA Group will have to sweeten the deal if it is to bring together two of the English-speaking world’s dominant real-estate listing websites,...
UK economy flatlines again in July, below expectations
U.K. economy remained flat in July, flash figures published from the Office for National Statistics showed Wednesday.