The euro fell vs. the British pound on Monday after European political turmoil that saw France call an unexpected election and Belgium’s prime minister resign.
Offshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.
The Japanese economy shrank at almost the same pace as initially estimated in the January-March quarter due to sluggish spending by households and companies, revised government data showed Monday.
Activist investor Elliott Investment Management has taken a large stake in Southwest Airlines and intends to push for changes, the Wall Street Journal reported late Sunday.
After 2022’s inflation surge, many economists were convinced the nation was destined for a recession. Today, executives, at least, are not nearly as worried.