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Skechers Ups Offer to Hedge Funds Challenging Price of 3G Buyout
Skechers USA Inc. increased its offer to resolve a lawsuit brought by hedge funds and other investors challenging 3G Capital’s $9.4 billion purchase of the footwear maker after settlement talks failed last year, according to people familiar with the situation.
16 हजार में AC, नहीं आएगा ज्यादा बिजली बिल
AC
Sharjah Islamic Bank rights issue draws Dh8.3 billion in demand
Dubai: Sharjah Islamic Bank said its Dh2.59 billion rights issue attracted more than Dh8.3 billion in subscriptions, making the offering oversubscribed by more than 3.2 times despite volatile global market conditions.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The bank announced the completion of the capital raise after the subscription period closed on May 8.SIB said the transaction would strengthen its capital position and support its long-term growth pl...
From 4-day work week to higher PF: 11 big changes under the new labour code
From day work week to higher PF big changes under the new labour code
US could cash in on Nord Stream destruction — expert
It will be a very nice and profitable venture for the US, Alexander Ionov said
Commonwealth Bank suffers its biggest share plunge on record in $25billion bloodbath following Budget - and other banks could follow
Commonwealth Bank suffers its biggest share plunge on record in $25billion bloodbath following Budget - and other banks could followBanks recorded share value dropsCommbank had its worst ever fallREAD MORE: Anthony Albanese admits to using negative gearing By ASHLEY NICKEL, NEWS REPORTER, AUSTRALIA and AAP Published: 15:19, 13 May 2026 | Updated: 15:22, 13 May 2026 e-mail View comments
£139 million paid out in Troubles disablement pension scheme
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JPMorgan Reshuffles Investment Bank Leadership
JPMorgan Chase named Dorothee Blessing, Kevin Foley and Jared Kaye as co-heads of its global investment banking business. Katherine Doherty has more on the shakeup on "Bloomberg Open Interest." (Source: Bloomberg)
PE-Owned Insurers Boosting Private Credit Holdings, Study Finds
Life insurance companies owned by private equity firms have quietly reshaped their portfolios, piling into higher-yielding alternative credit in a shift that’s entangled the industry with the broader financial system, according to a study from researchers at the Federal Reserve Bank of Chicago.
Soy Group Won’t Support Bill on Higher Corn-Ethanol Gasoline
The American Soybean Association said it “cannot support” legislation that would expand higher-ethanol gasoline, creating a split with corn farmers who stand to benefit from an expanded biofuels market.
Milk Price Hike: अमूल ने पूरे भारत में बढ़ा दिए दूध के दाम, अचानक इतनी हुई बढ़ोतरी, कल से होंगे लागू
Milk Price Hike
Russian market well-supplied with light petroleum products — Energy Ministry
Fuel reserves are sufficient and will be used, if necessary, to smooth out fluctuations in supply and demand, the ministry said
Trump says Americans' financial pain won't sway his stance on Iran nuclear deal
Trump says Americans financial pain wont sway his stance on Iran nuclear deal
Iran to earn twice as much from controlling Hormuz Strait as from exporting oil — army
Iranian Army Spokesman Mohammad Akraminia pointed out that Iran’s naval presence in the Strait of Hormuz would prevent the US from restoring military facilities at its bases in the Gulf countries
Labour under pressure to ditch £200 car taxes amid rising fuel costs and fears of net zero failures
Labour has been urged to abandon plans for a £200 annual tax on electric vehicles amid warnings the move could damage the UK's progress towards net zero.The National Franchised Dealers Association (NFDA) has written to Treasury Minister Dan Tomlinson, warning that introducing the charge risks slowing the growing demand for electric cars at a crucial moment for the industry.Drivers still need financial incentives to make the switch from petrol and diesel vehicles, the NFDA said, especially as the...
Amul hikes milk prices by Rs 2 per litre nationwide from May 14
Amul hikes milk prices by Rs per litre nationwide from May
Lone Star-Owned German Bank IKB Is Exposed to Collapse of UK Mortgage Firm MFS
A German bank owned by US investment firm Lone Star Funds is among the growing list of lenders exposed to Market Financial Solutions Ltd., the latest example of how the local UK firm’s collapse has spilled across foreign credit markets.
The end of chocolate bar 'shrinkflation'? Firm that made bars 1mm thinner cheated consumers, German court rules in landmark case
The end of chocolate bar ‘shrinkflation’? Firm that made bars 1mm thinner cheated consumers, German court rules in landmark caseBy PERKIN AMALARAJ, FOREIGN NEWS REPORTER Published: 14:38, 13 May 2026 | Updated: 14:39, 13 May 2026 e-mail View comments
Consumers Still Face Months of Pain, Piegza Says
Lindsey Piegza, Stifel chief economist, says inflation is still a concern for the US economy. She says consumers face months of pain ahead and more price pressures are coming. She speaks on Bloomberg Surveillance. (Source: Bloomberg)
From Pre-Computed To Generative: The New Economics Of AI Personalization
InnovationFrom Pre-Computed To Generative: The New Economics Of AI PersonalizationBySrijith Ravikumar,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 13, 2026, 09:30am EDTSrijith Ravikumar is a Principal Engineer at Amazon building AI-powered recommendation systems at scale. Published researcher at AAAI. gettyFor over a decade, the Holy Grail of...