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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...
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...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....
...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....
...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...
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
...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 Nobel and Pulitzer Prize-winning author Pearl S Buck amassed a personal library that fills two rooms of her 19th-century Pennsylvania farmhouse....
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...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...
...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....
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...Flows into S&P 500 ETFs were boosted by a technical factor last year when the $533bn SPDR S&P 500 ETF Trust (SPY) pulled in $31bn in two days in December....
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...More than 90 per cent of S&P 500 stocks closed higher, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
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