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South African managers show preference for local equities over S&P 500

In a recent survey conducted by Bank of America (BofA), fund managers in South Africa have shown a preference for South African…
Stock

P&G agrees to disclose more on wood-pulp supplier audits

Procter & Gamble (NYSE:PG) has committed to providing greater transparency regarding its wood-pulp supplier audits. This move comes as a response to…
Stock

Alibaba set to sell Intime for $1 billion to Youngor Fashion

Alibaba (NYSE:BABA) Group Holding Ltd. is on the verge of finalizing a deal to divest its department store chain, Intime, to Youngor…
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Allianz withdraws $1.63 billion bid for Income Insurance stake

The German financial services giant Allianz (ETR:ALVG) has withdrawn its proposal to acquire a 51% stake in Income Insurance, a Singapore-based insurer….
Stock

Vonovia offers to buy out Deutsche Wohnen minority shareholders

Vonovia, a leading German property company, has proposed an offer to acquire full control of its majority-owned subsidiary, Deutsche Wohnen (OTC:DTCWY). The…
Stock

Trump transition team proposes EV policy rollback

The transition team of incoming U.S. President Donald Trump is advocating for significant policy changes that would end support for electric vehicles…
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How we got to a global obesity epidemic and how GLP-1 is a game-changer

Investing.com — The global obesity epidemic represents one of the most pressing public health challenges of our time. With nearly three-quarters of…
Stock

5 big analyst AI moves: Nvida’s next stop is $160-170; AMD, Adobe downgraded

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get…
Stock

Trump names Andrew Ferguson as FTC Chair. What are the Big Tech implications?

Investing.com — President-elect Donald Trump has announced his intention to elevate current FTC Commissioner Andrew Ferguson to the role of Chairman, with…
Stock

Exclusive-Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla

By Jarrett Renshaw, Rachael Levy and Chris Kirkham (Reuters) -The Trump transition team wants the incoming administration to drop a car-crash reporting…
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