Active Dynamics acquires First Brands’ Walbro business for $50 million amid bankruptcy.
US State Department OKs potential sale of rocket systems to Sweden
The US State Department approved the potential sale of M142 rocket systems to Sweden.
Air India to raise fuel surcharge amid rising jet fuel prices
Air India will expand its fuel surcharge on domestic and international routes due to higher jet fuel costs.
India’s Reliance Industries says maximizing LPG output
Reliance Industries maximizes LPG production and prioritizes domestic natural gas sectors.
Brazil lender BRB to seek $637 million loan from credit guarantee fund
Brazil's BRB plans to request a $637 million loan from the credit guarantee fund to aid capitalization.
West Indies players leave India on commercial flights after charter cancelled
West Indies players depart India on commercial flights after international airspace closures forced charter cancellation.
Elon Musk’s SpaceX weighs Nasdaq listing after seeking early index entry, Reuters sources say
SpaceX seeks early Nasdaq 100 index inclusion as condition for potential listing on tech exchange.
JPMorgan hires senior banker to strengthen mid-cap investment banking
JPMorgan Chase hired Firdaus Pohowalla as managing director to boost mid-cap M&A team in North America.
Analyst Target Adjustments Hit Accenture (ACN), Thomson Reuters (TRI) and TELUS (TU)
Analyst target price adjustments affecting Accenture, Thomson Reuters, and TELUS are drawing market attention this week.
Italy’s MPS, Mediobanca to approve financial terms of full merger
Italy's MPS and Mediobanca boards will approve terms for MPS to acquire remaining shares and complete merger.
Argentina’s Milei is pitching to Wall Street as Middle East spooks investors
Argentina's President Milei seeks to assure investors amid Middle East tensions.
MFS creditors claim $1.8 billion shortfall, Bloomberg News reports
Creditors of UK’s Market Financial Solutions face a £1.3 billion shortfall, according to court filings.
Iran war deals double blow to Indian airlines already hit by Pakistan airspace ban
Airspace restrictions from the Iran war impact Indian airlines already affected by Pakistan’s ban.
Citigroup sees mid-teens growth in first-quarter investment banking fees
Citigroup anticipates mid-teens percentage growth in first-quarter investment banking fees, CEO Jane Fraser said.
Reducing nuclear energy a ‘strategic mistake’, EU chief says
EU chief Ursula Von der Leyen called cutting nuclear energy a strategic mistake amid energy challenges.
Legal AI startup Legora raises $550 million to speed up US expansion
Sweden-based legal AI startup Legora raised $550 million in Series D funding at $5.55 billion valuation.
IndiGo CEO resigns after widespread outage
IndiGo CEO Pieter Elbers resigns following the airline's largest operational crisis and scrutiny from public and government.
U.S. military striking Iranian mine-laying vessels, top U.S. general says
The U.S. military is conducting strikes on Iranian mine-laying vessels, according to a U.S. general.
WHO warns of health risks from ‘black rain’ in Iran
WHO warns that black rain in Iran after oil facility strikes may cause respiratory problems and supports stay indoors advisory.
Toronto police say shots fired at US consulate, no injuries reported
Toronto police said shots were fired at the US consulate building with no injuries reported.
Investors turn to India as private market outpaces regional peers, McKinsey survey shows
India leads Asia-Pacific private markets as investor preference shifts, McKinsey and IVCA survey finds.
Trump tells Fox News it’s possible he would talk with Iran
Trump told Fox News he might be willing to hold talks with Iran, the network reported.
Sauce, spice makers attract deal interest as GLP-1s send Americans looking for hot stuff
Weight loss trends driven by GLP-1 drug use boost demand for sauces and spices in the U.S.
Morning Bid: Oil’s combustible calm
Oil markets remain calm despite ongoing global uncertainties as key financial indicators hold steady.
India’s small steelmakers face production cuts amid LNG shortages due to Iran war
India's small steel producers warn of production cuts as Middle East conflict disrupts gas supplies.
