Stock market
An $11.5 billion family drama: The Ray–Ban heir against his siblings
Leonardo Maria Del Vecchio is trying to put an end to the deadlock that has formed since his father's death, and has submitted a giant offer to purchase his siblings' shares.
Drama in Seoul: The trading in South Korea was halted twice
Musk and Altman are generating the future: The trillion dollar IPOs that will erase Europe
Despite a decline in apartment sales – BST enters the stock exchange with a dramatic move
BST Group completed IPO at a valuation of NIS 3 billion
The BST real estate group, controlled by the Tannous family, completed an initial public offering in Tel Aviv.
Fox jumps to streaming market, acquires Roku in $22 billion deal that will combine both companies
"The transaction combines FOX’s leading sports, news, and entertainment content and the Tubi service, with Roku’s leading connected TV platform," Fox Corporation said in a statement.
SpaceX's smooth debut, Elon Musk's road to trillionaire, set new template for mega IPOs
SpaceX's record-breaking debut on Friday dwarfed the previous largest flotation on US exchanges by nearly three times.
Elon Musk set to become world's first trillionaire with SpaceX IPO worth $1.77 trillion
An additional 83.33 million shares would be available to purchase at the fixed rate after the first IPO by the initial investors, while Musk would keep 82% voting control in the company.
Stocks shake off Iran jitters as AI pushes market up, even amid oil climbs and Hormuz crisis
The MSCI All-World index was up 0.13% to trade around record highs, as markets from Tokyo to Seoul traded at or near all-time peaks, underpinned by avid demand for anything AI-related.
Elbit Systems secures $1.4b. European defense contract as backlog passes $30b.
The multi-domain package includes autonomous unmanned vehicles, ground-based electronic warfare solutions, precision-guided artillery, and advanced reconnaissance systems.
Former finance minister Kahlon to admit offense in UnetCredit collapse case
Moshe Kahlon is set to admit he failed to properly report serious UnetCredit financial irregularities while serving as company chairman.
S&P 500 closes at fresh record, recovering all losses since start of US-Iran war
The S&P settled at 7,022.95, up 0.8%, LSEG data showed, surpassing its previous closing high in January. It also hit a new intraday record of 7,026.24.
Global markets rally, oil drops below $100 after US-Iran ceasefire
The main oil barrel indexes show a 15% average fall, while most markets worldwide, especially Asian markets, are opening up during early trading hours.
Strait of Hormuz closure has raised oil prices, but not without precedent - analysis
Even as gas prices have risen in recent weeks, another set of numbers has remained relatively contained: the markets.
