Gold has made its biggest jump since the 1979 oil crisis in 2025 -- with prices doubling in the last two years -- a performance which might previously have meant forecasts of a big correction. ...

Swiss financial giant UBS said on Wednesday it had hired a senior executive from Britain's Legal & General (L&G) to co-head an expanded $1.8 trillion direct investments unit. ...

Spain's Telefonica has presented a final proposal to cut more than 4,500 jobs across several units in Spain, union representatives said on Wednesday, describing the plan as fully voluntary following c... ...

Warner Bros Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid, saying it failed to provide adequate financing assurances, in a blow to the David Ellison-run company's ambitions to grow its media empire. ...

General Mills beat quarterly sales estimates on Wednesday, as more consumers ate at home than dined out, boosting demand for the Cheerios maker's pantry staples and breakfast cereals. ...

Core Insights - Warner Bros Discovery's board rejected a $108.4 billion hostile bid from Paramount Skydance, citing insufficient financing assurances [1] Group 1 - The bid from Paramount Skydance was valued at $108.4 billion [1] - The rejection was based on the failure to provide adequate financing assurances [1]

Core Viewpoint - Medline is set to debut on the Nasdaq after raising $6.26 billion in the largest global initial public offering of 2025, marking a strong year for new listings [1] Group 1 - The IPO raised $6.26 billion, making it the biggest IPO globally in 2025 [1] - This event highlights a robust market for new listings in the current year [1]

By Naomi Rovnick, global markets correspondent. ...

Oilfield services provider Action Energy Company plans to expand regionally while maintaining a strong focus on its home market, its chairman said on Wednesday, after the company's shares began trading on Kuwait's premier stock market. ...

Core Viewpoint - The U.S. bond market is experiencing a relatively calm year-end, with optimism regarding the Federal Reserve's new funding plans to alleviate the seasonal cash crunch as banks reduce short-term lending [1] Group 1 - The Federal Reserve's latest funding plans are expected to provide support during the seasonal cash crunch [1] - There is less anxiety in the bond market compared to previous years as the year-end approaches [1] - Banks are anticipated to pull back from short-term lending, which typically contributes to cash shortages [1]