Quantum computing firm IonQ completes acquisition of semiconductor foundry SkyWater, creating a vertically integrated quantum platform company. IonQ has completed its $1.8bn acquisition of SkyWater Technology, a US-based semiconductor foundry, following regulatory clearanc
The acquisition marks the largest in Couche-Tard's history, expanding its European footprint with Żabka's $7.4bn revenue. Alimentation Couche-Tard will acquire Polish convenience retailer Żabka Group for $8.74bn, its largest deal to date. The transaction values Żabka at 32
Oil prices fall sharply on hopes of Middle East peace talks while the yen strengthens after U.S.-Japan currency intervention. Brent crude futures plunged $4.50, or more than 5%, to $83.40 a barrel as U.S. President Donald Trump announced renewed talks with Iran. The move f
CPA Australia warns proposed minimum tax on discretionary trusts may impose significant costs on small and family-run enterprises. CPA Australia has called on the federal government to review its proposed minimum tax on discretionary trusts, arguing it will disproportionat
The Japanese retail group secures $1.91bn via share sales to deepen digital payments and AI-driven store partnerships. Seven & i Holdings has raised $1.91bn (Y300bn) through a third-party allotment of treasury shares to SoftBank, PayPay, and Sumitomo Mitsui Card. Each inve
June’s 7.2% rise marks Mazda’s first year-on-year sales increase after five consecutive monthly declines. Mazda’s global passenger vehicle sales climbed 7.2% year-on-year to 111,078 units in June, reversing a 5% drop in the same month last year. Domestic sales surged 18% t
Only 14% of Generation X workers have traditional pensions, increasing reliance on volatile 401(k) savings amid economic uncertainties. Generation X faces a growing retirement crisis as defined contribution plans like 401(k)s replace traditional pensions. Just 14% of Gen X
Semiconductor stocks retreat sharply as doubts grow over sustainability of hyperscalers' AI-related expenditures. Semiconductor stocks have fallen 22% from their recent peak, reversing a 158% surge over the past year. The PHLX Semiconductor Sector index's decline reflects
Neuberger Real Estate Secs Inc Fund Inc maintains its monthly payout, offering a 12.4% forward yield for shareholders. Neuberger Real Estate Secs Inc Fund Inc (NRO) announced a $0.0312 per share monthly dividend, matching its prior payout. The dividend is payable on August
Neuberger Berman’s connectivity fund maintains its monthly payout, offering a near 10% yield ahead of August record date. Neuberger Berman Next Generation Connectivity Fund (NBXG) announced a $0.12 per share monthly dividend, matching its prior distribution. The payout equ
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