Exclusive-International Paper to win EU approval for $7.1 billion DS Smith deal
By Foo Yun Chee BRUSSELS (Reuters) -U.S.-based International Paper is set to get EU approval for its 5.8 billion pound ($7.12 billion) purchase of UK rival DS Smith after agreeing to sell assets to address competition concerns, people with direct knowledge
Aerospace stocks soar on new space exploration commitments
Investing.com — Shares of aerospace and rocket technology companies saw significant gains in today’s trading session after President Trump announced plans to send American astronauts to Mars, reigniting enthusiasm for space exploration. Among the notable movers were Intuitive Machines (NASDAQ:LUNR),
Prologis beats core FFO estimates on improving warehouse demand
(Reuters) – Real estate investment trust (REIT) Prologis (NYSE:PLD) beat Wall Street expectations for fourth-quarter core funds from operations (FFO), helped by improving demand for its warehousing spaces and sale of a data center. Shares of the warehouse-focused REIT
Economists ramp up projections for Brazil’s interest rates to above 15%
By Marcela Ayres BRASILIA (Reuters) – Economists have launched a fresh wave of upward revisions to projections for Brazil’s interest rate this year, citing deteriorating inflation expectations, a weaker currency and lingering concerns over the fiscal outlook of Latin America’s largest
Bessent nomination to US Treasury clears Senate Finance Committee
(Reuters) – The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump’s Treasury secretary on to the full Senate for approval. The committee voted 16-11 to send the