Mars is acquiring Cheez-It maker Kellanova for $36 billion, uniting brands like M&M’s, Snickers, Pringles, and Pop-Tarts.Mars will pay $83.50 per Kellanova share, a 33% premium…
Author: Gazet International
On Wednesday, Wall Street’s indexes were mixed as Alphabet fell, but moderating inflation kept hopes alive for a modest Fed rate cut. After a report, Google’s…
Apple supplier Foxconn exceeded expectations with a 6% profit rise, driven by AI server demand, affirming strong full-year growth. The world’s largest electronics maker anticipates strong…
U.S. producer prices rose less than expected in July, as service costs dropped, reinforcing hopes for an interest rate cut.The Labor Department report showed moderating inflation,…
On Tuesday, Alphabet’s Google unveiled new Pixel smartphones with advanced AI integrations, racing to enhance its hardware with AI. The event at Alphabet’s Bay View campus…
U.S. stocks reached a two-week high Tuesday as softer producer prices fueled expectations of a September Federal Reserve rate cut.Megacap and growth stocks, led by Nvidia’s…
Wall Street’s indexes fluctuated amid recession fears and a yen surge, capping off a volatile week in global marketsAll major indexes faced weekly losses, with the…
Ola Electric Mobility’s shares rose 20% on debut, valuing it at $4.8 billion, as investors anticipate growth in electric vehicles. The stock listed flat at 76…
The dollar neared a one-week high Friday, following a sharp drop in U.S. jobless claims, easing recession concerns. China’s yuan rose after stronger-than-expected inflation and a…
Google faces growing competition from OpenAI while awaiting Washington’s antitrust decision on search business regulation. The US ruling against Google’s search monopoly is seen as a…