Tag: Business
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Stocks making the biggest moves premarket: Comcast, Rocket Lab, Charter Communications & more
These are the stocks posting the largest moves premarket.
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Comcast to split cable business from media through NBCUniversal, Sky spinoff
June 29 : Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation.Shares of the company rose more than 20 per cent in pr
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Comcast soars 23% after announcing it will spin off media and tech wings into separate public companies
Comcast said it will separate into two publicly traded companies through a tax-free spin-off of NBCUniversal and Sky
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Dollar set for best month in nearly a year as bulls grow confident
LONDON, June 29 : The dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in the Gulf ahead of a key jobs report later this week.The U.S. and Iran traded fresh attacks…
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Prosus profit jumps 84% as deal spree sets stage for European push
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday as it looks to expand its successful Latin American business model across Europe following a run of aggressive dealmaking.Prosus deployed some $8.5 billion for acquisitions over the past y
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Oil steadies as US and Iran agree to halt attacks
LONDON, June 29 : Oil prices steadied on Monday as Iran and the United States agreed to halt recent hostilities in the Gulf and Middle East producers pushed ahead with loading oil and liquefied natural gas despite fresh ship attacks. The two countries also agreed to renew talks over the Strait of Hormuz, rai
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Banks get creative and look further afield as AI-fueled debt soars
NEW YORK, June 29 : As corporate borrowing tied to artificial intelligence shows no sign of slowing, bankers are coming up with new ways to sell ever larger volumes of debt.The surge in spending on chips, cloud infrastructure and data centers has led large technology companies, known as hyperscalers, to incre
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Prosus core earnings leap 84% as all regions post profit
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday, with its consumer platforms profitable across all regions for the first time.Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) across its digital services and
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Dollar poised for best month in nearly a year; eyes on Gulf tension, jobs data
HONG KONG, June 29 : The U.S. dollar held firm on Monday, on track for its biggest monthly gain in nearly a year, as Gulf tensions and elevated Treasury yields underpinned demand ahead of key jobs data later in the week. The U.S. and Iran traded fresh barbs over the weekend before they agreed to…
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Iran cyberattacks on Israel surged in 2026, Israeli cyber chief says
June 29 : The number of Iranian cyberattacks against Israel has shot up since the launch of the U.S.-Israeli offensive against Iran this year, a senior Israeli security official was quoted as saying on Monday.Yossi Karadi, Director General of Israel’s National Cyber Directorate, told German newspaper Die Welt
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