Investing.com -- Apple (NASDAQ:AAPL) and Meta Platforms (NASDAQ:META) are set to receive moderate fines from European Union (EU) antitrust regulators, according a Reuters report on Monday. The fines are expected due to alleged violations of significant rules designed to curtail their influence.Both tech giants have been under the scrutiny of the European Commission since last year. The investigati ...
Investing.com -- Indian equities are set for a rebound in 2025, with growth expected to recover and valuations at their most attractive levels since the COVID-19 pandemic, Morgan Stanley said in a research report.The brokerage forecasts India’s GDP growth at 6.3% for the fiscal year 2025 and 6.5% for 2026, citing an improvement in high-frequency economic indicators and support from fiscal and mo ...
(Reuters) - Beacon Roofing Supply (NASDAQ:BECN) is negotiating a potential $11 billion buyout from billionaire Brad Jacobs-run QXO, in a complete reversal after it rebuffed an earlier offer and adopted a poison pill to stave off a hostile takeover attempt.The companies confirmed on Monday they are in discussions about a combination in which QXO would acquire Beacon for $124.35 per share in cash. ...
By Nate Raymond(Reuters) -The U.S. Supreme Court rejected on Monday a bid by 19 Republican-led states led by Alabama to block five Democratic-led states from pursuing lawsuits accusing major oil companies of deceiving the public about the role fossil fuels have played in causing climate change.The justices declined to hear a case that was filed directly with the Supreme Court by Republican state a ...