Month: March 2026
Puig stock soars 15% after Estée Lauder confirms takeover talks with Charlotte Tilbury maker
Shares of Puig Brands soared as much as 15% Tuesday after beauty peer Estée Lauder confirmed the companies are in talks about a potential merger. Estée Lauder said late Monday that a final decision had not been made on any potential deal, first reported by the Financial Times. It did not disclose any financial terms. […]
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Moody’s cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow
Key Points Moody’s Ratings downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings of FS KKR Capital Corp one notch to Ba1 from Baa3 — pushing it into “junk” territory. Moody’s said the fund’s […]
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FedEx launches same-day delivery with OneRail as Amazon, Walmart boost their speeds
FedEx is launching a same-day shipping program with last-mile delivery company OneRail, just after Amazon announced it will start offering quicker shipping times, CNBC has learned exclusively. The new partnership means customers now have a definite “by end-of-day offering,” according to Jason Brenner, FedEx’s senior vice president of digital. “Our value prop is about speed, […]
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Anthropic says Claude can now use your computer to finish tasks for you in AI agent push
This photograph shows a figurine in front of the logo of the AI assistant “Claude” built by the US artificial intelligence safety and research company Anthropic during a photo session in Paris on February 13, 2026. (Photo by Joel Saget / AFP via Getty Images) Joel Saget | Afp | Getty Images Anthropic’s Claude can […]
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British fintech Revolut reports record annual profit as it gears up for U.S. push
British fintech Revolut on Tuesday reported a record annual pretax profit, as it ramps up plans to expand into the U.S. following its long-awaited granting of a full U.K. banking license earlier this month. Profit before tax rose 57% to £1.7 billion ($2.3 billion) in 2025, compared to £1.09 billion in 2024. Group revenue increased […]
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Iran Supreme Leader Mojtaba Khamenei gets another blue check on X, despite sanctions policy
FILE PHOTO: Iran’s new supreme leader, Mojtaba Khamenei, the second son of late Iran’s Supreme Leader Ayatollah Ali Khamenei, attends a rally in Tehran, Iran, May 31, 2019. Hamid Forootan | Via Reuters Iran’s Supreme Leader Mojtaba Khamenei has subscribed to X Premium on his official English-language account, despite the Elon Musk-owned company’s policy on […]
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European stocks mixed as Iran war uncertainty lingers
A bull statue and a bear statue stand outside the Frankfurt Stock Exchange on April 7, 2025 in Frankfurt, Germany. Florian Wiegand | Getty Images News | Getty Images Shares listed in Europe struggled to find direction on Tuesday, as uncertainty around a resolution to the Iran war weighed on sentiment. Shortly after the opening […]
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Amazon faces further AWS disruption in the Middle East from Iran conflict
PARIS, FRANCE – JUNE 11: The Amazon Web Services (AWS) logo, a division of Amazon.com’s US e-commerce group is displayed during the 9th edition of the VivaTech show at Parc des Expositions Porte de Versailles on June 11, 2025 in Paris, France. VivaTech, the biggest tech show in Europe but also in a unique digital […]
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White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects
An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California. Justin Sullivan | Getty Images The White House has agreed to pay TotalEnergies $1 billion to shelve East Coast wind farm projects that it condemned as “costly,” with the French energy giant’s investment set to be […]
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EU, Australia seal trade deal as Western countries hedge against U.S. risks
Maros Sefcovic, trade commissioner for the European Union (EU), from left, Ursula von der Leyen, president of the European Commission, Anthony Albanese, Australia’s prime minister, and Don Farrell, Australia’s trade minister, during a news conference at Parliament House in Canberra, Australia, on Tuesday, March 24, 2026. Hilary Wardhaugh | Bloomberg | Getty Images The European […]
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