Unilever in talks to combine food business with McCormick in $15.7B deal

Unilever said on Tuesday it is in advanced discussions to combine its food business with McCormick & Company in a deal that could reshape its portfolio. The proposed transaction would deliver about [MONEY value=”15,700,000,000″ currency=”USD”] in cash to Unilever while giving its shareholders a controlling stake in the combined entity. If completed, Unilever investors are… Continue reading Unilever in talks to combine food business with McCormick in $15.7B deal

USD/ZAR forecast: Bullish pattern forms as JSE All Share Index slumps

The South African rand has pulled back in the past two months as the ongoing US-Iran war disrupted the country’s economic growth. The USD/ZAR pair soared to 17.06, as the JSE All Share Index and gold prices slumped. South African rand and JSE All Share Index slumps  The USD/ZAR exchange rate has rebounded because of… Continue reading USD/ZAR forecast: Bullish pattern forms as JSE All Share Index slumps

Can Micron stock really jump 100%? Here’s what analysts say after crash

Micron stock (NASDAQ: MU) is witnessing some sharp divergence in the current quarter. It posted record fiscal second-quarter results and leaned hard into the idea that memory has become a strategic part of the AI buildout. Yet the stock has been sliding fast. The stock’s sharp move is pushing investors to ask the most basic… Continue reading Can Micron stock really jump 100%? Here’s what analysts say after crash

India’s Airtel raises $1B for its data center arm: here’s why it matters

India’s Bharti Airtel has pulled off one of the biggest digital infrastructure deals as it raised $1 billion for its data center arm, Nxtra. The funding comes at a time when India is emerging as a serious market for AI, cloud computing and enterprise digital infrastructure. In an exchange filing, Airtel said Alpha Wave Global… Continue reading India’s Airtel raises $1B for its data center arm: here’s why it matters

USD/PHP forecast as the Philippine peso crashes to record low

The Philippine peso continued its strong downward trend and is now hovering near its all-time low as the country’s economy remains under pressure amid the ongoing US-Iran war. The USD/PHP exchange rate was trading at 60.65, a few points below the all-time high of 60.75. The Philippine economy is facing major headwinds  The USD to… Continue reading USD/PHP forecast as the Philippine peso crashes to record low

S&P 500 could fall to 6,150: analyst explains how to play the dip

US stocks are bracing for a week of “maximum uncertainty” as the Iran war reaches a boiling point. Julian Emanuel, a senior Evercore ISI expert, warns that the benchmark S&P 500 index could sink further to 6,150 next week – slipping officially into the “correction” territory. Why? Because on April 6, President Donald Trump is… Continue reading S&P 500 could fall to 6,150: analyst explains how to play the dip