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Japan's Manufacturing Surges to 4-Year High Amid Supply Concerns
Japan's manufacturing sector experienced its strongest growth in four years in April, driven by production increases due to Middle East tensions and potential supply disruptions.
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Fed Rate Cuts Pushed to Late 2026 Amid Iran Conflict Inflation Fears
US Federal Reserve Chair Jerome Powell signals a delay in interest rate cuts until late 2026, citing inflation risks stemming from the Iran conflict.
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Spirit Airlines Faces Potential $500M Federal Bailout Amid Financial Struggles
Spirit Airlines is in advanced talks with the Trump administration for a $500 million bailout package as the carrier battles bankruptcy and rising fuel costs.
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Markets Defy Global Turmoil: Why Stocks Hit Record Highs Amidst Conflict
Despite geopolitical tensions and rising oil prices, US stocks continue to reach new highs. Discover the key drivers behind this resilience and what it means for investors.
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Thoma Bravo Set to Transfer Medallia to Lenders in $5.1 Billion Deal
Private equity firm Thoma Bravo nears agreement to hand over software firm Medallia to its lenders, wiping out substantial equity amid debt restructuring.
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Goldman Sachs Reaches Settlement in 1MDB Shareholder Lawsuit
Goldman Sachs agrees to a settlement in a lawsuit alleging shareholder fraud related to its involvement with the Malaysian fund 1MDB.
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Thoma Bravo Nears Deal to Hand Medallia to Creditors
Private equity firm Thoma Bravo is reportedly close to transferring software company Medallia to its lenders amid restructuring talks, potentially wiping out billions in equity.
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UK Financial Sector Ready for AI Advancements, Bank of England Confirms
The Bank of England-led Cross Market Operational Resilience Group asserts the UK's financial sector is prepared for emerging AI models like Mythos and associated cyber risks.