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Millicom To Acquire Entel Peru For $1.714 Bln

India, Nov. 13 -- On Friday, Millicom International Cellular S.A. (TIGO) agreed to acquire Entel Peru for $1.714 billion, including lease liabilities, at 5 times its estimated 2026 EBITDA. The acquisi... Read More


Inhibrx Q3 Loss Widens

India, Nov. 13 -- Inhibrx Biosciences, Inc. (INBX), a clinical-stage biopharmaceutical, on Friday reported a wider third-quarter loss, reflecting higher general and administrative expenses. The compa... Read More


Nasdaq, S&P 500 Close In The Red But Dow Posts Modest Gain

India, Nov. 13 -- After recovering from an initial slump but still ending Thursday's session mostly lower, stocks showed a notable move back to the downside in early trading on Friday. The Nasdaq and... Read More


European Shares Edge Lower On Fed Rate Hike Concerns

India, Nov. 13 -- European shares dipped from record highs on Friday amid uncertainty over the outlook for the AI trade and growing expectations for a Federal Reserve rate hike in December. Brent cru... Read More


CIBL Swings To Loss In Q3

India, Nov. 13 -- CIBL, Inc. (CIBY.PK), a holding company with interests in broadband and communications operations, reported a swing to a loss, largely hurt by lower revenues. The company posted a n... Read More


Asian Shares Slide On Inflation Concerns, Mounting Fed Tightening Bets

India, Nov. 13 -- Asian stocks gave up early gains to end mostly lower on Friday, with concerns about Nvidia's leadership turmoil and increased expectations for tighter Federal Reserve policy keeping ... Read More


Ten-Year Treasury Yield Bounces Back To Highest Level In Almost A Month

India, Nov. 13 -- After moving sharply lower over the two previous sessions, treasuries have shown a notable move to the downside during trading on Friday. Bond prices came under pressure early in th... Read More


Microsoft 365 Faces Major Global Outage, Disrupting Outlook, Teams And Copilot Services

India, Nov. 13 -- Millions of people who depend on Microsoft's workplace applications faced an unexpected digital roadblock after a massive outage disrupted several Microsoft 365 services worldwide. ... Read More


Yamaha To Acquire London-based Disguise

India, Nov. 13 -- Japanese musical instrument and audio equipment manufacturer Yamaha Corporation (7951.T), Friday said it has agreed to acquire Disguise Technologies Limited, a London-based provider ... Read More


Crude Oil Ticks Lower Amid Geopolitical Concerns, IEA Projections

India, Nov. 13 -- Crude oil prices have edged lower on Friday following two sessions of gains, with the renewal of U.S.-Iran re-escalation concerns offset by the International Energy Agency's forecast... Read More