
BlackRock, Vanguard, and State Street Push to Dismiss Texas Antitrust Lawsuit
Mar 18, 2025 07:40 am UTC| Business Law
BlackRock (NYSE: BLK), Vanguard, and State Street (NYSE: STT) have urged a Texas court to dismiss a lawsuit accusing them of conspiring to reduce coal production. The asset management giants, which collectively oversee...

BYD Stock Hits Record High After Unveiling Ultra-Fast EV Charging Platform
Mar 18, 2025 07:40 am UTC| Technology Business
Shares of BYD Co (HK:1211) surged to an all-time high on Tuesday following the companys launch of an advanced electric vehicle (EV) platform with ultra-fast charging technology and plans for a nationwide charging network....

Polymer Capital Expands into Japan with Two New Hedge Funds
Mar 18, 2025 07:40 am UTC| Business
Polymer Capital Expands into Japan with Two New Hedge Funds Polymer Capital Management, a $4 billion multi-manager hedge fund based in Hong Kong, is launching two Japan-focused funds in 2024 to capitalize on growing...

Chevron Increases Hess Stake Amid Pending $53B Acquisition
Mar 18, 2025 04:48 am UTC| Business
Chevron (NYSE:CVX) has acquired 4.99% of Hess Corp (NYSE:HES) shares this year, reinforcing its confidence in completing the $53 billion all-stock acquisition of Hess, according to a regulatory filing on Monday. The...

Alphabet in Talks to Acquire Wiz for $30B, Eyeing Major Cybersecurity Expansion
Mar 18, 2025 04:48 am UTC| Technology Business
Alphabet (NASDAQ: GOOGL), Googles parent company, is in advanced discussions to acquire Israeli cybersecurity firm Wiz for over $30 billion, making it Alphabets largest potential acquisition. The offer surpasses last years...

New Hope Corp’s Shares Surge 7% on Strong Profit Growth Despite Weaker Coal Prices
Mar 18, 2025 04:48 am UTC| Business
Australian coal miner New Hope Corp (ASX:NHC) saw its shares jump over 7% to A$3.99 after reporting a significant 35% rise in half-year net profit. The companys net profit after tax reached A$340.3 million for the six...

Peabody Energy Leads U.S. Coal Rally After Trump Pledges Boost for Industry
Mar 18, 2025 04:47 am UTC| Business Politics Governance
Peabody Energy Corp (NYSE:BTU) surged nearly 5% in aftermarket trading Monday, leading a rally in U.S. coal stocks after President Donald Trump vowed to ramp up coal production. Warrior Met Coal Inc (NYSE:HCC), SunCoke...