Germany's Munich Re is acquiring 71% of Next Insurance for $2.6 billion, increasing net results.
From Yahoo Finance: 2025-03-20 11:07:00 German reinsurer Munich Re is acquiring the remaining 71% of Next Insurance, a California-based company,
Category: Finance
AI cloud hosting firm CoreWeave plans $2.7 billion IPO with top customers like Microsoft
From Yahoo Finance: 2025-03-20 10:54:00 CoreWeave Inc. plans to raise $2.7 billion in an IPO, offering shares at $47 to
Brad Jacobs acquires Beacon Roofing Supply for $11 billion through new company QXO
From Yahoo Finance: 2025-03-20 10:31:00 Brad Jacobs, known for XPO, RXO, and GXO, has acquired Beacon Roofing Supply for $11
Klarna partners with DoorDash for payments before NYSE listing, revenue surged 24% in 2024.
From Yahoo Finance: 2025-03-20 10:02:00 Swedish payments company Klarna partners with DoorDash for payments before NYSE listing. Customers can pay
European vulnerability to economic coercion due to reliance on American payment providers, ECB seeks strategic autonomy
From Yahoo Finance: 2025-03-20 08:16:00 Europe’s reliance on American payment providers leaves it vulnerable to economic coercion, warns ECB chief
Bank of England considers pausing rate cuts due to global economic uncertainty
From Yahoo Finance: 2025-03-20 08:01:00 The Bank of England kept interest rates steady at 4.5%, citing uncertainty in the global
Triple-witching options expiration of $4.5 trillion expected to bring volatility to US stocks
From Yahoo Finance: 2025-03-20 07:59:00 US stocks face a test as $4.5 trillion of options contracts expire Friday, potentially sparking
Fed's optimism on tariffs and rates fades, leading to drop in stock futures
From Dow Jones & Company: 2025-03-20 07:35:00 The Federal Reserve’s comments on tariffs and rates initially calmed markets, but excitement
Kraken acquires NinjaTrader for $1.5 billion, hoping for relaxed crypto regulations under Trump
From Yahoo Finance: 2025-03-20 07:06:00 Kraken, a major cryptocurrency exchange, is set to acquire NinjaTrader for $1.5 billion, expanding into
PDD Holdings, parent of Pinduoduo and Temu, misses revenue estimates due to competition and challenges
From Yahoo Finance: 2025-03-20 06:37:00 PDD Holdings, parent of Pinduoduo and Temu, missed revenue estimates due to weak demand in
Nu Holdings stock is down 26% but offers solid growth potential, making it a good investment
From Yahoo Finance: 2025-03-20 06:00:00 The S&P 500 entered correction territory before bouncing back, causing volatility. Nu Holdings underperformed but
Hong Kong surpasses Singapore as Asia's top financial center with improvements in various sectors.
From Yahoo Finance: 2025-03-20 05:30:00 Hong Kong remains Asia’s top financial center and third globally, surpassing Singapore. London improved to
Tencent investing in AI for long-term growth, aligning with DeepSeek, analysts predict growth
From Yahoo Finance: 2025-03-20 05:30:00 Tencent Holdings is investing in AI for long-term growth, aligning with DeepSeek and in-house models.
Retirement boost for over 3 million Social Security recipients
From Yahoo Finance: 2025-03-20 05:00:00 Retirement boost for over 3 million Social Security recipients impacted by the Social Security Fairness
Bank of England keeps interest rates on hold due to economic uncertainty
From Yahoo Finance: 2025-03-20 02:54:00 The Bank of England kept the main interest rate at 4.50% amid economic uncertainty due
BlackRock expands retail products in Europe to attract more investors, faces competition from rivals
From Yahoo Finance: 2025-03-20 02:03:00 BlackRock aims to attract European investors with expanded retail products, including more ETFs. They dominate
Focus shifts to European central banks post-Fed meeting, potential rate cuts expected
From Yahoo Finance: 2025-03-20 01:33:00 European and global markets shift focus to central banks like the Bank of England, Swiss
Wall Street dips amid uncertainty and trade war worries, despite strong economic data.
From Yahoo Finance: 2025-03-20 00:20:00 U.S. stock indexes dipped as policy changes under President Trump create uncertainty. S&P 500 slipped
Laopu Gold, the "Hermes of Gold," sees sales growth despite sluggish demand for luxury goods.
From Yahoo Finance: 2025-03-20 00:08:00 Vivian Wang rediscovered Laopu Gold, a Chinese luxury brand, on social media. She bought a
US stocks ended slightly down due to economic concerns, while oil prices rose on Middle East tensions.
From Yahoo Finance: 2025-03-19 22:45:00 U.S. stocks posted modest losses and the dollar strengthened as investors considered trade concerns from
The dollar strengthens as Fed shows no urgency to cut rates
From Yahoo Finance: 2025-03-19 22:02:00 The dollar strengthened post-Fed comments on interest rates and uncertainty over U.S. tariffs. Swiss franc
Beacon Roofing acquired by QXO for $11 billion, ending takeover battle.
From Yahoo Finance: 2025-03-19 21:58:00 Beacon Roofing Supply accepts an $11 billion buyout offer from QXO, owned by billionaire Brad
NVIDIA and Elon Musk's xAI join BlackRock and Microsoft in AI infrastructure partnership
From Yahoo Finance: 2025-03-19 21:34:00 BlackRock, Microsoft, and MGX have updated the AI Infrastructure Partnership (AIP) with NVIDIA and Elon
Positive.
From Yahoo Finance: 2025-03-19 20:44:00 Analysts predict Meta could earn $30-40 billion from WhatsApp business messaging, far exceeding current revenue.
International equity ETFs, led by IEFA, gained $929 million in inflows, positive.
From Yahoo Finance: 2025-03-19 19:45:00 Stocks were mixed as the iShares Core MSCI EAFE ETF (IEFA) attracted $929.1 million, Vanguard