Asian markets squeezed out gains Tuesday, giving investors some relief from a recent sell-off fuelled by worries that US interest rates will go higher than feared following last week's blockbuster jobs report. He told Bloomberg News: "I would expect that that would translate into us raising interest rates more than I have projected right now."
Spanish banking giant BBVA's hostile takeover bid for smaller rival Sabadell has failed, the stock market regulator announced on Thursday, dashing BBVA's hopes of creating a new European sector colossus. The leadership of Sabadell, Spain's fourth-largest bank, had persistently rejected BBVA's advances and recommended its plethora of small shareholders reject the bid.
The latest installment of military video game "Battlefield" hit the market with sales rivaling that of blockbuster rival "Call of Duty," publisher Electronic Arts (EA) announced on Thursday. That is on par with sales reported for the October 2024 debut of the most recent "Call of Duty" game, a new installment of which is set for release next month.
The US budget deficit narrowed just slightly over the past year, official data showed Thursday -- despite a surge in customs revenues, which hit a record as President Donald Trump imposed wide-ranging tariffs since January. Trump has repeatedly trumpeted the tariff revenues his administration has collected this year.
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