Shares of the Bermuda-based specialty insurer opened at $33.25 apiece, above the offer price of $30. The imposition of tariffs by US President Donald Trump has shaken markets and cast a shadow over new listings, but companies considered less sensitive…
After several weeks of due diligence by CoStar, which owns 16.9% of Domain, the companies agreed to the US firm’s offer of A$4.43 per share. Media company Nine Entertainment, Domain’s largest shareholder, has expressed its support for the deal and…
LG Electronics will invest about $600 million over four years in a plant to be built in the southern state of Andhra Pradesh. The plant will start producing air conditioners next year, followed by washing machines, refrigerators and compressors by…
Since the start of Russia’s aggression against Ukraine eleven years ago, military training has been a core element of Western support for the Ukrainian armed forces. As Moscow’s invasion has escalated into the largest European war since World War II,…
The leaders of Britain, France, Germany and Poland arrived in Kyiv last weekend to great fanfare to deliver an unprecedented ultimatum to the Kremlin. The time for talk is over, they said. Unless Russian President Vladimir Putin agrees to an…
PARIS – French movie mogul Gerard Depardieu was found guilty Tuesday of sexually assaulting two women while filming “Green Waves.” A Paris court sentenced the 76-year-old actor to 18 months’ suspended jail and added him to the sex offenders’ registry.…
The US is once again planning to achieve peace through mineral deals. After Ukraine, the focus is on the conflict between Congo and Rwanda, which has been going on for over 30 years. The Democratic Republic of Congo holds the…
Blackstone will remain the majority shareholder of Redwood City, Calif.-based Liftoff. The transaction is expected to close in mid-2025, the companies said. Founded in 2012, Liftoff helps companies acquire and retain app users, working with brands like Amazon, PayPal, and…
The deal comes as Parkland’s largest shareholder, Simpson Oil Ltd., appears to be on the verge of gaining control of the Calgary-based company’s board of directors. Simpson has launched a proxy fight and said Friday it has secured a majority…
The acquisition could help OpenAI overcome growing competition in the market for AI-powered coding assistants — systems capable of performing tasks such as writing code based on natural language prompts. Windsurf, officially called Exafunction Inc., was recently in talks with…