IHH Healthcare Began Discussion with SEBI Over Fortis Open Offer
Malaysia’s IHH Healthcare has started discussions with Indian authorities, including Sebi, to finalise its open offer for Fortis Healthcare, the Economic Times said on October...
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Asian Shares Weaken as Fed, BoE Fuel Uncertainty Amid US CPI Data
Asian shares followed Wall Street lower on Thursday, while bond yields remained subdued as investors weighed the risk of a global recession amid uncertainty over...
Stocks to Buy for Thursday, October 13, 2022
In the previous session, the market witnessed volatility throughout the day. The Nifty index opened on a positive note but abolished all its gain in...
UK Borrowing Costs Rise as BoE Sticks by Bond Plan Deadline
On Wednesday, British government borrowing costs jumped again after the Bank of England Governor told pension funds they had three days to fix liquidity problems...
Yen Weakens to New 24-Year Low
On Wednesday, the dollar scaled new 24-year highs versus the yen. On the other hand, investors in sterling were left scratching their heads about the...
US Producer Prices Jumped by More Than Forecast in September
In September, prices paid to US producers surged by more than expected, suggesting inflationary pressures will take time to moderate and keep the Federal Reserve...
PE Firm Vista to Acquire Cybersecurity Platform KnowBe4 for $4.5 Billion
Vista Equity Partners is in talks to acquire KnowBe4 (NASDAQ:KNBE) for USD 4.5 billion in a leveraged buyout. The said deal values KNBE shares at...
Moderna Shares Rise 14% After Merck Option Exercise
On Wednesday, shares of Moderna (NASDAQ:MRNA) are up about 14% in pre-market trading after Merck (NYSE:MRK) exercised its option to develop and commercialise a personalised...
Swiss Govt to Track Corporate Ownership in a Bid to Curb Money Laundering
On Wednesday, the Swiss government said it plans to create a central registry to track who owns legal entities to fight money laundering via shell...
ByteDance Increases Price of Stock Option Buyback
ByteDance, TikTok’s Chinese owner, is starting a second stock option buyback for employees this year at a higher price than the previous one. This move...