CK Hutchison and Iliad Hold Talks on Italian Telecom Merger October 30, 2025 – Hong Kong-based conglomerate CK Hutchison Holdings (0001.HK) is exploring a potential tie-up of its Italian telecom unit Wind Tre with the Italian operations of French telecom group Iliad, according to sources familiar with the matter. The discussions are at an early

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C.H. Robinson Defies Freight Industry Headwinds with AI-Powered Gains October 30, 2025 – Shares of C.H. Robinson (NASDAQ: CHRW) surged more than 20% on Thursday, reaching an all-time high as investors celebrated the company’s quarterly profit beat, driven largely by AI-enhanced operational efficiency. The performance is particularly noteworthy given the broader challenges facing the freight

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Sterling steadied on Thursday against the U.S. dollar and euro after two days of sharp depreciation, though volatility is expected to continue ahead of next week’s Bank of England (BoE) monetary policy meeting. The pound was last trading at $1.3182, slightly above Wednesday’s intraday low of $1.3142, marking its weakest level against the dollar in

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Japan’s newly-appointed Finance Minister Satsuki Katayama clarified on Thursday that she cannot stand by remarks she made earlier this year about the yen’s value against the U.S. dollar, citing her current responsibilities overseeing Japan’s currency and financial policy. Katayama’s Past Remarks on the Yen In March 2025, Katayama, a veteran upper house lawmaker, stated in

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Crypto mining firm Core Scientific (CORZ.O) has officially terminated its proposed $9 billion sale to CoreWeave (CRWV.O) after shareholders voted against the acquisition. This marks the second failed attempt by CoreWeave to acquire Core Scientific, following a previously rejected all-cash buyout offer in June 2024. Background on the CoreWeave Acquisition Attempt The $9 billion deal,

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The Japanese yen tumbled against the U.S. dollar on Thursday following the Bank of Japan’s decision to maintain interest rates at current levels, while Federal Reserve Chair Jerome Powell’s remarks boosted the greenback. The moves highlight diverging central bank policies across major economies and the ongoing volatility in global currency markets. BOJ Keeps Rates Steady,

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Carlsberg, the Danish brewing giant and the world’s third-largest brewer, has reported a slowdown in its third-quarter sales and volumes, highlighting the ongoing challenges in global consumer markets. Despite strong performances in certain regions, weak consumer spending, geopolitical tensions, and U.S. tariffs have created a tough operating environment for the company. Q3 Performance: Organic Sales

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Estée Lauder Surpasses Wall Street Expectations October 30, 2025 – Reuters – Estée Lauder (NYSE: EL) exceeded Wall Street estimates for first-quarter sales and profit, driven by robust growth in its fragrance business and a rebound in demand from China and the Asia Pacific region. The results underscore progress in the company’s turnaround strategy under

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ICE Tops Third-Quarter Profit Estimates October 30, 2025 – Intercontinental Exchange (NYSE: ICE), the parent company of the New York Stock Exchange (NYSE), reported third-quarter earnings that surpassed Wall Street expectations on Thursday. Strong trading activity and growth in its fixed income and data services units contributed to the positive results, with shares rising 1.6%

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