Patient Square Capital to Acquire Patterson Companies for $4.1 Billion

USA, Wednesday, 11 December 2024.
Patient Square Capital has agreed to acquire Patterson Companies for $4.1 billion, offering a 49% premium per share. The deal is expected to close in fiscal 2025.

Air Canada CEO to Testify on New Carry-On Baggage Fees

ExxonMobil's 2030 Plan Targets $20 Billion Earnings Growth

ADC Therapeutics' ZYNLONTA Achieves 94% Response Rate in Lymphoma Trial

Realty Income Announces 128th Consecutive Monthly Dividend Increase

US CPI Matches Forecasts, Boosting Rate Cut Speculations

New York, Wednesday, 11 December 2024.
November’s US CPI rose 0.3%, aligning with expectations and bolstering hopes for a Federal Reserve rate cut. Food costs drove the increase, while shelter prices showed cooling trends.

U.S. Annual Inflation Rate Increases to 2.7% in November 2024

Ray Dalio Advises Investing in Bitcoin and Gold Amid Debt Concerns

Guggenheim Predicts Private Credit Market to Reach $4 Trillion

Women to Control $34 Trillion in U.S. Wealth by 2030

US Postal Service Advances with Electric Vehicle Fleet Despite Political Opposition

USA, Wednesday, 11 December 2024.
The US Postal Service persists in electrifying its fleet against opposition, with plans to achieve 75% electrification despite potential contract cancellations by the Trump transition team.

Poland Declares Private TV Stations as Strategic to Block Foreign Takeovers

Wall Street Eyes Opportunity with Trump 2.0 Presidency

Biden Administration Weighs New Sanctions on Russian Oil Before Trump Takes Office

U.S. Seizes Russian Assets to Fund $20 Billion Aid for Ukraine

Franco-Nevada Enters New Arbitration Stage with Panama over Cobre Panama Mine

Panama City, Wednesday, 11 December 2024.
Franco-Nevada enters arbitration with Panama, seeking $5 billion in damages over the Cobre Panama mine’s closure, impacting global copper supply and international investment dynamics.

UK Renewable Energy to Surpass Fossil Fuels for First Time in 2024

Bank of England to Conceal Identities in Financial Stability Measures

Autonomous Mobile Robot Market Set for Rapid Growth to $18.9 Billion by 2032

Greece Faces Demographic Crisis as Birth Rates Plunge

5.8 Magnitude Earthquake Strikes Nevada, Felt Across California

Sacramento, Tuesday, 10 December 2024.
A 5.8 magnitude earthquake hit near Yerington, Nevada, on December 9, 2024, causing tremors felt across California. No significant damage reported, but aftershocks continue.

Bengals Triumph Over Cowboys in Monday Night Thriller

U.S. Open Arena Polo Championship Debuts in Texas

Revolutionary Fiber Optic Chips Promise to Transform AI Efficiency

Dublin, Monday, 9 December 2024.
IBM’s new optical technology enables chips to transmit 80 times more data, reducing AI training times from months to weeks and cutting energy costs in data centers by 80%.