Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
UnitedHealth Group is considering multiple bids to sell its Latin American operations, particularly its Banmedica subsidiary, as the company seeks to regain stability following recent challenges, including leadership changes and a criminal investigation. After struggling with losses in Brazil and Peru, UnitedHealth aims to finalize the sale for about $1 billion, receiving interest from several private equity firms. The urgency of this decision reflects the insurer's need to refocus on its U.S. market strategies.
Source: YAHOO
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
After a positive trading week, market analysts believe that a new bull market is emerging, largely influenced by President Trump's recent tax bill and trade policies. Despite a mixed jobs report, investor sentiment remains cautiously optimistic, driven by strong corporate earnings and technological advances, especially in the AI sector. Analysts emphasize the need for concrete progress on trade deals and future Federal Reserve actions as key factors that could sustain this market momentum.
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Shein and Reliance Retail are set to boost their Indian supplier network significantly, aiming to sell India-made Shein-branded clothing internationally within 6 to 12 months. The companies plan to expand from 150 to 1,000 local suppliers to support this initiative, which follows Shein's return to India in 2020 under a licensing agreement after its app was previously banned. This much-anticipated collaboration represents a strategic move to diversify sourcing and cater to both domestic and global markets.
Source: YAHOO
Reported about 1 month ago
Qualcomm has announced its acquisition of British semiconductor company Alphawave for approximately $2.4 billion to bolster its AI data center portfolio. This move aims to diversify Qualcomm's offerings as it seeks to lessen its reliance on the smartphone chip market. Alphawave's share price surged over 22% following the news, and the deal is expected to close in the first quarter of 2026.
Source: YAHOO
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Taiwan's exports reached a record high of $51.74 billion in May, boosted by strong demand for artificial intelligence and preemptive orders against potential US tariffs. This marks a 38.6% increase year-on-year, the fastest growth in nearly 15 years, and the first time exports exceeded $50 billion. Major tech companies like TSMC are significant contributors to this surge, although concerns remain about the impact of US tariffs and geopolitical risks on the economy.
Source: YAHOO
Reported about 1 month ago
Source: BARRONS
Reported about 1 month ago
China's exports grew at their slowest pace in three months in May, impacted by significant U.S. tariffs, while factory-gate deflation reached its worst level in two years. Exports to the U.S. plummeted 34.5% year-on-year, and overall exports rose only 4.8%, below expectations. Meanwhile, imports declined 3.4%, highlighting frail domestic demand amidst rising external pressures. Despite some easing of tariffs, trade tensions continue, with economists predicting challenging conditions ahead for China's economy.
Source: YAHOO