FinanceMar 6
Axel Springer acquires Telegraph Media Group for £575 million
German media company Axel Springer has agreed to purchase Telegraph Media Group for £575 million in a major acquisition deal.
5 sources
FinanceMar 13
Live Nation Faces Continued Antitrust Trial as Internal Messages Surface
Multiple states proceed with monopoly claims against Live Nation while leaked employee messages show disparaging comments about customers.
3 sources
FinanceMar 6
Asian Markets Mixed as War with Iran Enters Seventh Day, Oil Prices Retreat
Asian stocks showed mixed results Friday while oil prices fell after reaching 2024 highs amid ongoing conflict between Israel and Iran.
4 sources
FinanceMar 10
Boeing Discovers Wiring Issues in Undelivered 737 MAX Aircraft
Boeing found scratched wiring in some undelivered 737 MAX planes that will delay deliveries this month while maintaining overall delivery targets.
4 sources
FinanceMar 5
Morgan Stanley Cuts 2,500 Jobs Across Multiple Business Divisions
Morgan Stanley laid off approximately 2,500 employees, representing 3% of its global workforce, across investment banking, trading, and wealth management units.
6 sources
FinanceMar 17
Victory Capital Raises Offer for Janus Henderson After Board Rejection
Victory Capital increased its takeover bid for Janus Henderson following the asset manager's board rejection in favor of a competing offer from Nelson Peltz's Trian Fund.
2 sources
FinanceMar 20
Deutsche Bank Promotes Two Executives as Potential CEO Successors
Deutsche Bank has promoted two senior executives who are viewed as potential successors to current CEO Christian Sewing.
2 sources
FinanceMar 21
Two Separate Stories: Thiel's Fund Backs AI Startup; Buffett Defends Giving Pledge
Peter Thiel's venture fund invested in an AI livestock monitoring company while Warren Buffett defended his charitable giving initiative.
2 sources
FinanceMar 11
Multiple Companies Prepare for Upcoming Quarterly Earnings Reports
Eight publicly traded companies across various sectors are scheduled to release quarterly earnings results in the coming period.
57 sources
FinanceMar 22
IRS Warns of Approaching Deadline for Unclaimed Tax Refunds as Some Protest Through Resistance
The IRS warns taxpayers have until April to claim $1.2 billion in 2022 refunds while some engage in tax resistance protests with potential penalties.
2 sources
FinanceMar 6
BrewDog Founder Apologizes as Job Losses Follow Company Sale
BrewDog founder James Watt has apologized to staff and investors after hundreds of jobs were lost following the sale of the brewery and pub chain.
4 sources
FinanceMar 5
South Korean stocks plunge 12% as Iran conflict sends won to 17-year low
South Korean financial markets suffered major losses amid escalating Iran conflict, with stocks falling 12% and currency hitting multi-decade lows.
5 sources
FinanceMar 17
Investors Move to Cash Holdings at Fastest Rate Since COVID-19 Pandemic
Investment flows into cash assets have accelerated to levels not seen since the early pandemic period amid geopolitical concerns.
2 sources
FinanceMar 12
Stellantis in talks with Chinese automakers Xiaomi and Xpeng for European investment
European automaker Stellantis is reportedly in discussions with Chinese companies Xiaomi and Xpeng about potential investments in its European operations.
3 sources
FinanceMar 6
Oil at $85 Creates Winners and Losers Among African Economies
Rising oil prices to $85 per barrel would benefit major African oil exporters like Nigeria and Angola while pressuring import-dependent economies.
7 sources
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