Investing.com — Merger and acquisition (M&A) activity in 2024 has surged after a prolonged slump, marking a substantial recovery following a period of low momentum in 2022 and 2023. Analysts at Wells Fargo (NYSE:) report that both the value and volume of M&A deals have notably increased over the year, driven by a confluence of economic factors that have helped create a favorable environment for transactions. Wells Fargo estimates that
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway. Source link
A widely followed analyst and trader is leaning bullish on a large-cap altcoin amid a broader crypto market rally. The analyst pseudonymously known as Pentoshi tells his 809,700 followers on the social media platform X that Solana (SOL) is in the “all-time high waiting room.” On the weekly time frame, Pentoshi shares a chart suggesting that Solana has formed a double-bottom pattern, a technical analysis structure that’s typically considered bullish
By Maki Shiraki TOKYO (Reuters) – Toyota aims to make at least 2.5 million vehicles a year in China by 2030, three people said, an overhaul that will see it bring its Chinese sales and production operations closer together and allow local executives a freer hand in development, The plan, which has not been previously reported, represents a strategic pivot by the world’s top selling automaker in the world’s largest
The group’s fighters stay hidden for days, or even weeks, before launching hit-and-run attacks on Israeli troops. Source link
A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio. The company, which has been battling high inventory levels and lower earnings this year, said the decision at its Toledo
Omar Marques | Lightrocket | Getty Images Trump Media, which experienced a flurry of trading activity Tuesday as a possible proxy for Donald Trump’s presidency chances, revealed after the closing bell Tuesday a loss for the third quarter along with a slight drop in already-meager revenue. The Truth Social parent lost $19.2 million during the period. Revenue fell 5.6% to just $1.01 million from the year-earlier period. The filing was
Old-school flip phones are making a comeback as some look for simpler lifestyle – CBS News Watch CBS News Major phone companies say some Americans want to ditch their smartphones in favor of so-called dumb phones. Some cell phone makers have even come up with new models of the iconic flip and brick phones to help those who want a simpler lifestyle. Be the first to know Get browser notifications
Rolls-Royce has opened its first U.S. “Private Office,” a secret VIP design studio for ultra-wealthy clients who want highly personalized cars. The Private Office, in Manhattan’s trendy Meatpacking District, is central to the fabled British automaker’s new strategy of growing sales and profits from selling more customized, higher-priced vehicles rather than boosting production. Rolls-Royce produced 6,032 cars last year, less than half the production of Ferrari, yet continues to generate
Investing.com — With the U.S. presidential election concluding, Alpine Macro (BCBA:) has suggested three emerging market (EM) currency trades, especially if the Trump administration ushers in heightened protectionism. The key pairs are shorting the Mexican peso (MXN) against the Brazilian real (BRL), the (CNY) against the Japanese yen (JPY), and the Thai baht (THB) against the Singapore dollar (SGD). Short Mexican Peso vs. Brazilian Real Alpine Macro highlights Mexico’s vulnerability to
