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Comcast and HBSE partner in a 50-50 joint venture to construct a new arena in South Philadelphia, securing naming rights and boosting the local sports market dynamics.
Clearwater Analytics plans to acquire Enfusion in a $1.5 billion deal to enhance data-driven investment management solutions.
Abercrombie & Fitch revises Q4 sales forecast upward, driven by strong holiday demand, predicting a 7% to 8% increase in net sales.
Macy's lowers its holiday quarter sales forecast amid economic pressures impacting consumer spending, yet remains hopeful about long-term growth through online expansion.
HCLTech's December-quarter revenue came under expectations due to economic uncertainties, highlighting broader challenges in the Indian IT sector.
Explore Venture Global's pursuit of a $110 billion valuation in a groundbreaking U.S. IPO amid increased global LNG demand.
Shake Shack's Q4 performance surprises with better-than-expected sales growth and improved margins through strategic operational and customer-focused initiatives.
China Evergrande faces major challenges as a Hong Kong court orders the liquidation of a significant offshore unit, amidst ongoing financial recovery efforts.
India's inflation rates have eased, sparking hopes for a cut in interest rates. Yet, a declining rupee and rising energy costs present challenges for the central bank's monetary policy.
China plans to pivot its economic strategy towards consumption, moving away from an investment-centric model as announced by Pan Gongsheng at the Asian Financial Forum in Hong Kong.
Star Entertainment shares rose by 13.6% as investors capitalize on a rare buying opportunity amidst the company's ongoing financial challenges.
AustralianSuper has expanded its European real estate portfolio by acquiring a 50% stake in a €840 million portfolio of warehouses managed by Oxford Properties, signaling a strategic move into Europe's logistics sector.