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...The deal, in which Turkey-based Arçelik’s plans to take control of three-quarters of a joint venture combining its European business with that of US-based Whirlpool, would create a European white goods powerhouse...
...The Competition and Markets Authority said Arçelik’s proposed purchase of Whirlpool in Europe could cause “a substantial lessening of competition” and “higher prices or a reduction in choice or quality for...
...The EU competition authority has set a deadline of October 23 to make a ruling on the Arçelik-Whirlpool deal, according to a filing last week....
...For instance, just one tech company’s recent gains added the equivalent of the market capitalization of the bottom 100 companies in the S&P 500, and the size of the crypto market doubled since last fall....
...Many of Ink’s props — the glitterball, the foetus — featured in 2021’s Transverse Orientation, and the octopus motif made its first appearance in 1992’s Sappho, in which the creature is smashed against a...
...Chipotle, Ford, Whirlpool and Wyndham Hotels will report after the market closes....
...Investors were jittery as the Federal Reserve began a two-date rate-setting meeting....
...White goods maker Whirlpool — on a 6 per cent yield — has cut prices this year because of declining demand. As such, any investor bearishness may have already washed out....
...The S&P 500 closed 1.3 per cent higher on Friday, its biggest one-day gain since late February. Almost three-quarters of its members advanced, led by strong gains in the tech sector....
...The S&P 500 rose 1 per cent as US stocks and Treasuries rallied after US Federal Reserve chair Jay Powell said it was unlikely the Federal Reserve’s next policy move would be an interest rate increase....
...The Nobel and Pulitzer Prize-winning author Pearl S Buck amassed a personal library that fills two rooms of her 19th-century Pennsylvania farmhouse....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...S&P said it originally expected the war would not last “more than six months” as it downgraded Israel’s sovereign credit rating from double A minus to A plus....
...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...The blue-chip S&P 500 dropped 0.9 per cent on Friday, capping its longest losing streak since October 2022. It fell for the third week in a row, losing 3.1 per cent across five sessions....
...On a long-term view, some of the FTSE 100’s less glamorous members, companies such as Compass, Intertek, Relx, Experian and Diploma as well as Bunzl and Howdens, have performed far better than the household...
...More than 90 per cent of S&P 500 stocks closed higher on Wednesday, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
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