Michael Burry sells GameStop after Ryan Cohen’s hefty eBay bid: ‘Never confuse debt for creativity’
The “Big Short” investor said the proposed deal’s enormous leverage shattered the investment case he had been building.
Swedish private equity firm EQT sweetens Intertek bid to $12 billion
This is the third offer in three weeks EQT has made for Intertek after the British company turned down an initial 51.50 pound per-share proposal.
India’s Modi tightens political grip with historic state victory — but can it usher in reforms and draw investors?
The victory of Indian Prime Minister Narendra Modi’s political party in state polls dispels worries about his waning popularity, analysts said.
UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’
The Italian lender is making a takeover bid for German rival Commerzbank, despite pushback in Germany.
CNBC Daily Open: Ceasefire at risk of collapse
An escalation in attacks in the Middle East puts the fragile ceasefire at risk, but market activity remains muted, with earnings keeping investors’ attention.
Australia hikes rates again and warns inflation will stay higher for longer
Inflation had picked up materially in the second half of 2025, and the conflict in the Middle East had resulted in sharply higher fuel and commodity prices.
European stocks close higher as Iran war concerns weigh on sentiment
European stocks finished higher on Tuesday as investors digest the latest developments in the Iran war.
HSBC shares drop as first-quarter pre-tax profit misses estimates on higher expected credit losses
Europe’s largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts’ estimates.
Secret Service officer arrested for indecent exposure in Miami after Trump golf event
Secret Service Officer John Spillman has been placed on administrative leave after his arrest.
