Schneider Electric EURONEXT:SU said on Tuesday it had signed an agreement to acquire Cognite Holding, a privately held provider of AI software and industrial data.The French multinational said it would pay $3.1 billion for the whole of Cognite in an all-cash deal.The company would be integrated int…
By John KruzelThe U.S. Supreme Court declined on Tuesday to let Donald Trump remove the government's top copyright official for now in another battle over the Republican president's targeting of federal officials.The justices denied the Justice Department's request to lift a lower court's ruling th…
Waga Energy SA EURONEXT:WAGA:
Brazilian sugar and ethanol producer Raizen BMFBOVESPA:RAIZ4 is set to continue reducing its sugarcane crushing capacity through divestments, as the firm seeks its "optimal size," Chief Executive Nelson Gomes said on Tuesday.Gomes said in a call with analysts, after the firm nearly tripled its net…
U.S. Representative Thomas Kean Jr. said on Tuesday he was battling depression as he returned to Congress after a months-long absence during which he did not disclose his illness or speak in public."This is not an easy speech for me to give," the New Jersey Republican said on the House of Represent…
By Colleen GokoSouth Africa's Constitutional Court ruled on Tuesday that competition authorities can pursue forex-rigging claims against six banks including JPMorgan Chase NYSE:JPM, BNP Paribas EURONEXT:BNP and HSBC LSE:HSBA, clearing the way for a full hearing of allegations that global lenders co…
The UK's blue-chip FTSE 100 inched higher on Tuesday, led by gains in defence and financial stocks, notching gains for a sixth consecutive quarter as optimism surrounding a ceasefire in the Middle East lifted sentiment.The internationally focused FTSE 100 index CURRENCYCOM:UK100 rose 0.1%, while th…
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday it remains possible that she’ll advocate for higher interest rates if inflation pressures don’t moderate.“We've got inflation that's too high and it's been too high for the past five years,” Hammack said in an interview on CNB…
The Caspian Pipeline Consortium plans to export about 1.6 million barrels per day of CPC Blend crude in July, down from around 1.7 million bpd planned for June after drone damage to a Russian gas facility meant output had to be reduced, two trading sources said.Kazakhstan's oil and gas condensate f…
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By Richa NaiduNestle SIX:NESN has accepted that some parents will not return to buying the company's infant formula products following a widespread recall that began late last year, the company's head of nutrition, Serena Aboutboul, said on Tuesday.Nestle recalled products across Europe, Asia and t…
Franco-German defence group KNDS is struggling to convince investors to back its planned initial public offering at a valuation of over €12 billion, the Financial Times reported on Tuesday.Some investors have told KNDS in preliminary talks that they believe the company would be worth less than €12…
Aedge Group Ltd SGX:XVG:
Fantasia Holdings Group Co Ltd HKEX:1777:
Diwang Industrial Holdings Ltd HKEX:1950:
China International Holdings Ltd SGX:BEH:
LEADERSHIP WIDENS AS SMIDS OUTPACE THE S&P 500Brian Belski, founder, CEO and chief investment officer at Humilis Investment Strategies, has been calling for market leadership to broaden beyond the mega-cap names that have dominated in recent years—and he thinks that shift is already underway.His ar…
China Huajun Group Ltd HKEX:377:
Y Ventures Group Ltd SGX:1F1:
