A massive power outage struck the Iberian Peninsula on Monday, affecting millions across Spain and Portugal and causing widespread disruption to essential services.

Cemex posted net profit of $734 million for the January-March period, up from $254 million in the year-earlier quarter. The company attributed the gain largely to the sale of its operations in the ...

Niles reckons that finding the market bottom will normally take more time unless there is fiscal stimulus or easier monetary policy. However, the government is currently prioritizing spending cuts and ...

Bank of Nova Scotia expects its stake in KeyCorp will contribute about 62 million Canadian dollars ($44.7 million) in net income contribution for the fiscal second quarter.

The Financial Industry Regulatory Authority, or Finra, is increasing its scrutiny of advisers' rollover recommendations, especially those targeting retirees and seniors. When rolling over their ...

Though consumer prices haven't increased significantly during Trump's first 100 days, there are some signs of declining consumer health and waning confidence, as delinquencies edged up year over year ...

In the meantime, little has changed. In the first quarter, the average APR for credit cards accruing interest was 21.91%, down from 22.80% in the fourth quarter of 2024, according to LendingTree (TREE ...

Erste Group Bank is in talks with Banco Santander to buy a 49% stake in Santander Bank Polska. The Austria-based bank, which was responding to media reports, said Monday that there is no certainty the ...

Germany's Merck agreed to acquire U.S. biopharmaceutical company SpringWorks Therapeutics for around $3.9 billion, in a bid to expand its oncology and rare disease business. Domino's Pizza logged ...

Toyota Industries said it received a proposal to take the company private, sending its shares to a record high. The Tokyo-listed stock jumped 23% to the limit high on Monday, its biggest percentage ...

Tesco issued 500 million euros ($568.2 million) in new 7-year euro-denominated corporate bonds. "Tesco Issues 500 Million Euros in New 7-Year Bonds," at 1207 GMT, misstated the conversion. Looking at ...

International Business Machines plans to invest $150 billion in the U.S. over the next five years as tariffs threaten to make international manufacturing more expensive. The Armonk, N.Y., software ...