Forgent Power valued near $8 billion in NYSE debut as AI infra demand grows
Forgent Power was valued at nearly $8 billion in its New York Stock Exchange debut on Thursday, as investor appetite for companies catering to the AI boom remains healthy despite pockets of worries...
US farm income set to fall in 2026 despite surge in government payments
In a sign of growing stress for U.S. farmers, the Agriculture Department forecast on Thursday that U.S. net farm income would fall 0.7% this year, despite near-record government payments that are...
Bob's Discount Furniture valued at $2.2 billion as shares open flat in NYSE debut
Bob's Discount Furniture, backed by private equity firm Bain Capital, secured a valuation of $2.22 billion, after its shares opened flat in their debut on Thursday, as investors stayed selective about...
Hershey forecast annual sales and profit above Wall Street estimates on Thursday, supported by resilient demand for its confectionery and salty snacks and continued benefits of earlier price hikes...
NYSE-parent ICE beats profit estimates on robust trading volumes
Intercontinental Exchange beat fourth-quarter profit expectations on Thursday, as persistent market turbulence boosted trading volumes at the New York Stock Exchange-parent, sending its shares up more...
Thomson Reuters reports fourth-quarter revenue rise, shares slip
Thomson Reuters reported higher fourth-quarter revenue on Thursday, boosted by its legal, tax and accounting and corporates businesses, as investors assess the impact of artificial intelligence...
Cement maker Cemex's quarter earnings rise on cost cuts, higher prices
Mexican cement maker Cemex reported on Thursday a 16% climb in fourth-quarter core earnings, supported by cost-cutting measures and higher product prices, though results fell short of analysts'...
Shell misses profit expectations, but keeps buyback pace
Shell missed fourth-quarter profit expectations on Thursday with an 11% drop to the lowest level since early 2021 amid weaker oil prices, but kept its bumper share buyback programme.
...
US, Mexico to develop coordinated trade policies on critical minerals
The United States and Mexico on Wednesday unveiled a 60-day plan to develop coordinated trade policies aimed at mitigating vulnerabilities in critical mineral supply chains, including possible price...
Nasdaq proposes 'fast entry' rule to speed up index inclusion of large new listings
Nasdaq has proposed a new rule to speed up the addition of newly listed large companies to its index, seeking to address delays that have left major IPOs and exchange transfers outside the benchmark...
Jeff Bezos' Washington Post guts staff, shrinks news coverage
STORY: The Washington Post, owned by Amazon founder Jeff Bezos, began widespread layoffs on Wednesday , in a move that will drastically shrink the size of the newspaper.
That's according...
US soon to issue general license for oil production in Venezuela, sources say
The U.S. government is working to issue as early as this week a general license allowing companies to produce oil and gas in Venezuela, as Washington seeks to encourage expanded output in the OPEC...
India to keep some farm protections in US trade deal, will buy US aircraft, arms, energy
India will grant the United States some limited access to its market for agricultural products but maintain key protections, officials from the two countries said on Tuesday as the outlines of a...
JPMorgan closing in on new frontier market local currency debt index, sources say
JPMorgan is finalising plans for a new index to track frontier market local currency bonds, investors consulted on the details told Reuters, as the bank looks to satisfy a growing appetite for riskier...
Trump's tariff cut sparks relief in India despite scant details
U.S. President Donald Trump's move to slash tariffs on Indian imports sparked a relief rally across the Asian country's markets on Tuesday, lifting sentiment among exporters and policymakers even as...
India-US trade deal slashes tariffs; seen lifting exports, market sentiment
U.S. President Donald Trump announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade...
India to ramp up purchases of US oil, arms, aircraft; open some farm access
India has agreed to buy petroleum, defence goods, and aircraft from the U.S., while partly opening up its highly-guarded agriculture sector under a trade deal, according to a government official, as...
Gold, silver extend fall as CME margin hikes compound sharp selloff
Gold and silver prices continued to fall on Monday as higher margin requirements at CME Group compounded last week's sharp selloff following the nomination of Kevin Warsh as the next Federal Reserve...
The end of a long-running saga - and plenty of questions
By announcing the appointment of Kevin Warsh as Fed chair,
Forgent Power was valued at nearly $8 billion in its New York Stock Exchange debut on Thursday, as investor appetite for companies catering to the AI boom remains healthy despite pockets of worries...
US farm income set to fall in 2026 despite surge in government payments
In a sign of growing stress for U.S. farmers, the Agriculture Department forecast on Thursday that U.S. net farm income would fall 0.7% this year, despite near-record government payments that are...
Bob's Discount Furniture valued at $2.2 billion as shares open flat in NYSE debut
Bob's Discount Furniture, backed by private equity firm Bain Capital, secured a valuation of $2.22 billion, after its shares opened flat in their debut on Thursday, as investors stayed selective about...
Hershey forecast annual sales and profit above Wall Street estimates on Thursday, supported by resilient demand for its confectionery and salty snacks and continued benefits of earlier price hikes...
NYSE-parent ICE beats profit estimates on robust trading volumes
Intercontinental Exchange beat fourth-quarter profit expectations on Thursday, as persistent market turbulence boosted trading volumes at the New York Stock Exchange-parent, sending its shares up more...
Thomson Reuters reports fourth-quarter revenue rise, shares slip
Thomson Reuters reported higher fourth-quarter revenue on Thursday, boosted by its legal, tax and accounting and corporates businesses, as investors assess the impact of artificial intelligence...
Cement maker Cemex's quarter earnings rise on cost cuts, higher prices
Mexican cement maker Cemex reported on Thursday a 16% climb in fourth-quarter core earnings, supported by cost-cutting measures and higher product prices, though results fell short of analysts'...
Shell misses profit expectations, but keeps buyback pace
Shell missed fourth-quarter profit expectations on Thursday with an 11% drop to the lowest level since early 2021 amid weaker oil prices, but kept its bumper share buyback programme.
...
US, Mexico to develop coordinated trade policies on critical minerals
The United States and Mexico on Wednesday unveiled a 60-day plan to develop coordinated trade policies aimed at mitigating vulnerabilities in critical mineral supply chains, including possible price...
Nasdaq proposes 'fast entry' rule to speed up index inclusion of large new listings
Nasdaq has proposed a new rule to speed up the addition of newly listed large companies to its index, seeking to address delays that have left major IPOs and exchange transfers outside the benchmark...
Jeff Bezos' Washington Post guts staff, shrinks news coverage
STORY: The Washington Post, owned by Amazon founder Jeff Bezos, began widespread layoffs on Wednesday , in a move that will drastically shrink the size of the newspaper.
That's according...
US soon to issue general license for oil production in Venezuela, sources say
The U.S. government is working to issue as early as this week a general license allowing companies to produce oil and gas in Venezuela, as Washington seeks to encourage expanded output in the OPEC...
India to keep some farm protections in US trade deal, will buy US aircraft, arms, energy
India will grant the United States some limited access to its market for agricultural products but maintain key protections, officials from the two countries said on Tuesday as the outlines of a...
JPMorgan closing in on new frontier market local currency debt index, sources say
JPMorgan is finalising plans for a new index to track frontier market local currency bonds, investors consulted on the details told Reuters, as the bank looks to satisfy a growing appetite for riskier...
Trump's tariff cut sparks relief in India despite scant details
U.S. President Donald Trump's move to slash tariffs on Indian imports sparked a relief rally across the Asian country's markets on Tuesday, lifting sentiment among exporters and policymakers even as...
India-US trade deal slashes tariffs; seen lifting exports, market sentiment
U.S. President Donald Trump announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade...
India to ramp up purchases of US oil, arms, aircraft; open some farm access
India has agreed to buy petroleum, defence goods, and aircraft from the U.S., while partly opening up its highly-guarded agriculture sector under a trade deal, according to a government official, as...
Gold, silver extend fall as CME margin hikes compound sharp selloff
Gold and silver prices continued to fall on Monday as higher margin requirements at CME Group compounded last week's sharp selloff following the nomination of Kevin Warsh as the next Federal Reserve...
The end of a long-running saga - and plenty of questions
By announcing the appointment of Kevin Warsh as Fed chair,