French luxury group Kering and Qatari investment company Mayhoola have agreed to amend their shareholders' agreement, initially agreed during Kering's acquisition of a 30% stake in Italian fashion brand Valentino in 2023. The amendment addresses the framework in the evolution of shareholding in Valentino. Under the revised agreement, the existing ownership structure of Valentino will remain unchanged until at least 2028. Mayhoola's put options on Kering for its remaining 70% stake acquisition in Valenti ...

Scholes Chartered Accountants (Scholes CA) has acquired the Lerwick team from RSM UK, expanding its operations in Shetland, Scotland. Financial specifics of the deal remain undisclosed. In a statement, Scholes CA mentioned that the acquisition is part of its strategy to enhance its offering to its owner-managed, entrepreneurial client base. The company stated that it will become Scotland’s largest accounting practice in Shetland following the deal. The deal expands the company’s team size by a third ac ...

Wearable Devices Ltd. (NASDAQ:WLDS) stock surged Thursday after the company disclosed a $4 million financing agreement, unveiled a newly granted U.S. patent, and reported improved first-half results. The Israel-based firm said it entered into a direct offering with a single institutional investor for 1 million ordinary shares priced at $4 each. The company said proceeds from the deal will be used for working capital and corporate needs. It also issued unregistered warrants for another 1 million shares, ca ...

Key Takeaways: Pump.Fun briefly lost momentum in July as LetsBonk.Fun gained traction, peaking at over $197 million in daily volume — nearly 4x higher than Pump.Fun at the time. By August, Pump.Fun reclaimed dominance, with volume surging to $191 million compared to $6 million on LetsBonk.Fun. Platform changes such as paybacks and dynamic fees helped attract new meme coin creators back to Pump.Fun. The native PUMP token rose nearly 80% over two weeks, though it still trades about 15% below its all-t ...

Novo Nordisk will soon require its staff to work in the office full-time after it cut thousands of jobs. The Ozempic maker said it intends to implement a “new global standard” for office-based employees where they will be required to work from the office five days a week. The Danish pharma company’s change in office culture comes just a day after it cut about 11% of its total workforce . Its new policy will go into effect starting Jan.1, it said. “This is designed to foster a stronger sense of belonging ...

A stickier inflation report isn’t likely to kick the Federal Reserve off course for an interest rate cut next week, but it is likely to keep the central bank from doing a jumbo cut of half a percentage point. The Consumer Price Index showed “core” prices, excluding volatile food and energy prices, rose 3.1% for the month of August, inline with expectations and holding the same level as July. Month over month was slightly hotter than expected at 0.4%, compared with expectations for 0.3%. On a headline bas ...

Edison, an Italy-based gas company, is set to enhance its flexibility in managing demand by substituting some gas volumes from pipeline contracts with liquefied natural gas (LNG), reported Reuters, citing the company’s CEO Nicola Monti. The company also entered into a 15-year deal with Shell to procure approximately 700,000 tonnes per annum (tpa) of US LNG, commencing in 2028. European operators like Edison are increasingly turning to LNG to better navigate uncertain consumption patterns in Italy and acr ...

Wall Street will test the theory that a moving object stays in motion in the coming weeks and months after the S&P 500 notched another all-time high on Sept. 10. The S&P 500's advance since this spring's tariff-tantrum meltdown has been impressive, with the benchmark index rallying over 30%. The gains have mostly come despite evidence that the U.S. economy is stumbling amid rising unemployment and inflation. Nevertheless, optimism that stimulus associated with the passage of the One Big Beautiful Bill Ac ...

Sheldon Cooper / SOPA Images / LightRocket via Getty Images Micron Technology was one of the best-performing stocks in the S&P 500 Thursday, Sept. 11, 2025 Key Takeaways Citi analysts raised their price target on Micron Technology to $175 from $150 and reiterated their "buy" rating. The analysts said the change was based on rising demand for DRAM semiconductors and Micron's artificial intelligence products. Citi expects Micron to give a better-than-expected outlook when it reports earnings later this ...

Red Mountain Mining, an exploration and development company focused on gold and critical minerals, has announced the acquisition of 87 claims in the Utah Antimony Project in the US. Located 11km east of Antimony, Utah, the project was secured through direct staking with the US Bureau of Land Management. The acquisition, totalling A$138,000 ($91,212.2), was fully funded from the company's internal cash reserves. The company's initial exploration programme aims to map the undercover extensions of north-so ...