World
Confluent stock soars 29% as IBM announces $11 billion acquisition deal
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images IBM announced Monday that it is acquiring data streaming platform Confluent in a deal worth $11 billion. Shares of Confluent soared 29% premarket. IBM stock sank about 1%. IBM […]
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Berkshire Hathaway’s Todd Combs, investment lieutenant to Buffett and Geico CEO, is leaving for JPMorgan
Todd Combs, portfolio manager and investment officer of Berkshire Hathaway Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Friday, July 12, 2019. Patrick T. Fallon / Bloomberg / Getty Images Warren Buffett’s Berkshire Hathaway announced a number of structural changes before the […]
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Unilever spinoff Magnum Ice Cream debuts on Amsterdam stock market
Packets of Walls Cornetto, Magnum and Ben & Jerry’s ice cream are displayed on March 20, 2024. John Keeble | Getty Images News | Getty Images Magnum Ice Cream Company, now the world’s largest standalone ice cream business, debuted on the Amsterdam stock exchange on Monday. The stock opened at 12.20 euros, slightly below its […]
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Ray Dalio says Middle East is becoming a ‘Silicon Valley of capitalists’
Ray Dalio, founder of Bridgewater, speaking to CNBC at the Future Investment Institute 2025 summit in Riyadh on Oct. 28th, 2025. CNBC The Middle East is fast emerging as one of the world’s most powerful AI hubs, Bridgewater Associates’ founder Ray Dalio said Monday, comparing the region’s rise to Silicon Valley’s pull for all things […]
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European markets set for lackluster start to the new trading week as markets await Fed decision
A trader works, as a screen broadcasts a press conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate cut announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 29, 2025. Brendan McDermid | Reuters LONDON — European stocks are expected to start the week […]
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Trump’s trade war shift away from Chinese manufacturing has reached tipping point
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over […]
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Asia-Pacific markets trade mixed as investors parse China trade data
Shanghai Bund skyline panorama Yangna | E+ | Getty Images Japan’s benchmark Nikkei 225 slid 0.14%, while the Topix added 0.25%. South Korea’s Kospi rose 0.35%, and the small-cap Kosdaq traded 0.45% higher. Revisions released by Tokyo on Monday show Japan’s economy shrank more sharply between July and September than first estimated. Official data showed that […]
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China’s exports rebound in November, massively beating expectations after U.S. trade truce
A cargo ship loaded with containers departs from Qingdao Port in Qingdao City, Shandong Province, China, on December 4, 2025. Costfoto | Nurphoto | Getty Images China’s exports massively beat market expectations in November as manufacturers rushed to ship out inventory on the back of a trade deal with Washington, following a meeting between the […]
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Thailand launches air strikes at Cambodia as border tensions reignite
Cambodian soldiers (C) ride their motorbike as local residents evacuate following clashes along the Cambodia-Thailand border in Preah Vihear province on Dec. 8, 2025. Str | Afp | Getty Images Thailand has launched air strikes along its disputed border with Cambodia, the Thai military said on Monday, after both countries accused the other of breaching a ceasefire agreement brokered […]
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