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Investing

Pound weakens as US Iran peace talks falter and tensions rise

The British pound edged lower on Monday as escalating tensions between the United States and Iran pushed investors towards the safe-haven US dollar.

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Economy

USA Rare Earth stock jumps on $2.8B Brazil deal to counter China grip

Shares of USA Rare Earth rose in early Monday trading after the company announced a $2.8 billion deal to acquire Brazil-based Serra Verde

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Economy

American Airlines’ stock falls as it rejects United merger talk

Shares of American Airlines fell over 3% in premarket trading on Monday after the carrier publicly dismissed speculation of a potential megamerger with

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Economy

Eli Lilly to acquire Kelonia in $7 billion cancer therapy push

Eli Lilly said on Monday it will acquire privately held Kelonia Therapeutics in a deal worth up to $7 billion, as the drugmaker

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Economy

From record inflows to 12% drawdown, what went wrong for Europe?

Three months ago, European investors were pouring money into the continent’s stock markets at a record pace, betting that years of underperformance were

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Economy

Dow Jones flat as Iran tensions rise; S&P 500, Nasdaq slip

Wall Street’s main indexes opened lower on Monday, as renewed tensions between the US and Iran weighed on investor sentiment following a record-setting