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Key PointsThe S&P 500 is on pace for its fourth consecutive year of double-digit gains amid strong financial results driven by heavy spending on AI.
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Both companies generate billions in cash regardless of the economy.
European shares rose at the open despite French data showing slower inflation and consumption, which limited early gains.
Hao Dong, a former commodity portfolio manager at Singapore’s sovereign wealth fund GIC Pte., is starting a hedge fund that is seeking to raise as much as $300 million to invest in raw materials and…
Indian pharmaceutical company Gujarat Themis Biosyn has secured private credit financing to support its JPY21.5bn ($135m) acquisition of Japanese drugmaker MicroBiopharm Japan, according to a report…
Russia intensifies attacks on Ukraine’s data centers and communications infrastructure, targeting facilities in Kyiv.
