Mixed Results for Consumer Companies as Imperial Brands Warns on Market Share
Imperial Brands shares declined after the cigarette maker warned of market-share losses, while Publicis reported growth driven by AI services despite Middle East impacts.
Imperial Brands shares declined after the cigarette maker warned of market-share losses, while Publicis reported growth driven by AI services despite Middle East impacts.

Bank of America agreed to pay $72.5 million to settle claims it overlooked signs Jeffrey Epstein's accounts facilitated abuse.

International Monetary Fund says emerging economies are more vulnerable to shocks due to growing dependence on hedge funds and other market investors.

Prime Minister Starmer convened emergency meetings with business leaders while JPMorgan's Dimon expressed uncertainty about potential recession risks.
LG Electronics expects significant first-quarter profit recovery driven by improved performance across appliances, TV and automotive components.
Corebridge Financial and Equitable Holdings announced an all-stock merger creating a $22 billion combined company.

Commercial salmon fishing will reopen off California's coast for the first time since 2022 due to recovering fish populations.

Private equity firm Apollo Global Management is reportedly close to acquiring Atlantic Aviation from KKR for approximately $10 billion.
Stock markets posted small gains while oil prices remained volatile as investors monitored ongoing conflict with Iran and potential U.S. military action.
U.S. property taxes increased 3.7% to $4,427 average while mortgage rates fell to 6.37% for the first time since recent Iran tensions.

Investment firm Blue Owl Capital has limited investor withdrawals from two private credit funds to 5% following an unusually high volume of redemption requests.
BlackRock's Asia fund experiences borrower default while Blue Owl raises $400 million, highlighting diverse conditions in private credit markets.
Italy's Eni announced the discovery of approximately 2 trillion cubic feet of natural gas in offshore Egyptian waters.

A federal appeals court ruled that New Jersey gaming regulators lack authority to prevent Kalshi from operating sports-related prediction markets in the state.

Federal Reserve Chair Jerome Powell told Harvard students the Fed can monitor war's inflation effects while longer-term expectations stay controlled.
Page 13 of 42 (628 stories)