Paramount takes over Warner Bros in USD 110 billion mega Hollywood merger
Skydance combines Paramount, HBO Max, CBS and CNN as the new media giant targets USD 6 billion in savings and 200 million-plus streaming subscribers...
Tag : New York Stock Exchange
Wall Street eyes record bonuses as trading, dealmaking push profits past USD 90 billion
Profits reached USD 45.9 billion in the H1 2026, a 51.3% increase from the same period in 2025, stated the New York State Comptroller's office...
With a 25% downfall, IBM shares suffer worst day after earnings warning
In a massive setback for CEO Arvind Krishna, IBM sees its Q2 revenue coming in at USD 17.2 billion, missing analyst forecasts of USD 17.86 billion...
Zim CEO Eli Glickman resigns after failed takeover bid
Before German shipping giant Hapag-Lloyd's takeover, Glickman had reportedly attempted to lead a group to acquire Zim, through a failed bid...
Bitcoin hovers below record levels after first-ever ETF debuts on NYSE
The Proshares Bitcoin-linked ETF is trading under the ticker name of BITO...
China’s ZTO Express to raise $1.6 bn in Hong Kong listing
The logistics company is selling 45 mn shares in the offering...
SoftBank-backed CloudMinds slashes jobs over failed IPO
The company will cut between 175 and 225 jobs — and shut down its co-headquarters in Silicon Valley...
China fintech OneConnect skips HK, to raise $100 mn in US IPO
The startup will list its shares either on the New York Stock Exchange or the Nasdaq Global Market...
Aramco replaces chairman with sovereign wealth fund chief
Saudi Arabia plans to separate the Ministry of Energy from Aramco as the state-owned company prepares for IPO...
Lyft effect: Uber valued at $82.4 billion in its most anticipated IPO
After Lyft’s IPO jitters, Uber settles for $45 per share with a valuation that is nearly a third less than predicted...