India’s IPO market is booming. And it’s luring global companies to list local units
Global companies are rushing to list their local business units in India, as domestic investors offer a valuation premium for multinationals.
Chinese consumer brands flood into Africa as old investment model fades and exports jump 28%
Chinese firms are shifting from big infrastructure to consumer goods in Africa, driven by demand, adventurous entrepreneurs and pressure to produce locally.
Australia’s Qube Holdings’ shares jump 20% as Macquarie proposes $7.5 billion takeover deal
Macquarie has offered to acquire Qube for AU$5.2 in cash per share, representing a nearly 28% premium to Qube’s closing level of AU$4.07 on Friday.
Asia-Pacific markets rebound on revived Fed rate-cut hopes
Fed funds futures are currently pricing in a more than 70% chance of a quarter percentage point cut, according to the CME FedWatch tool.
Meta halted internal research suggesting social media harm, court filing alleges
Meta is alleged to have halted internal research suggesting social media harm, according to court documents.
Dow futures rise 200 points as market attempts rebound into the holiday week: Live updates
The stock market is closed on Thursday for Thanksgiving Day, and ends early at 1 p.m. ET on Friday.
Blue Owl considers reviving merger of private credit funds, contingent on fund’s share price, sources say
Blue Owl Capital is considering reviving a plan to merge two of its private credit funds if the share price of the larger fund improves.
Trump administration unresponsive after containership fire, Port of Los Angeles chief says
As a containership continues to burn, the head of the Port of Los Angeles has repeatedly asked the Trump administration for help.
Bessent believes there won’t be a recession in 2026 but says some sectors are challenged
Treasury Secretary Scott Bessent said the U.S. was not at risk of entering a recession in 2026 and that Americans would soon benefit from Trump’s policies.
Kohl’s to name Michael Bender as permanent CEO, Bloomberg News reports
Kohl’s is expected to appoint Michael Bender as its permanent chief executive as early as Monday, Bloomberg News reported on Sunday, citing a source.