Tag: business news
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Tire giant Pirelli vows legal action as short seller alleges ‘close relationship’ with Russia
Pirelli has instructed lawyers to take legal action after short seller Grizzly Research claimed the firm has a “close relationship” with Russia.
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Eli Manning’s private equity firm acquires licensing company for NFL Flag in bet on youth sports
Eli Manning’s Brand Velocity Capital announced a deal to acquire youth sports company RCX amid congressional bill to ban private equity from youth sports.
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India’s viral ‘Cockroach’ party has millions of followers. What investors need to know
A Gen Z-led, social media-first mock political party in India that has amassed millions of followers and is set to hold an in-person protest on Saturday.
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European defense stocks are cooling. Analysts say this top pick could still double
Investors are missing the bigger picture on European defense, Morningstar analysts argued.
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Alex Buckmaster
Alex is an associate producer at CNBC International, working across “Europe Early Edition” and “Squawk Box Europe.”
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Partners Group warns it could cap more fund withdrawals after triggering private equity rout
Partners Group said it could cap capital withdrawals from more of its funds after a European gating sparked a private equity stock sell-off on Wednesday.
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‘Buying stuff like it’s going out of fashion’: Biotech M&A on track for best year since pre-Covid
Driven by looming patent cliffs, newly buoyant public markets, and Big Pharma’s race to beef up their pipelines, dealmaking in 2026 is off to a strong start.
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SoftBank’s OpenAI bet and rising debt are raising liquidity crunch concerns
Analysts warned that the market’s renewed optimism on SoftBank is masking mounting balance-sheet risks.
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Flesh-eating screwworm is confirmed in the U.S., officials say
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu New World screwworm has been detected in Zavala County, Texas. A three-week-old calf was affected. There are no further detections to date.
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Japan may be hiding ‘the best AI value,’ Barclays says
Investors chasing Asia’s AI rally may want to look beyond the region’s top-performing stock markets and consider Japan instead, Barclays said.
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