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Carrier wrongly thought that breakneck growth and aggressive discounting were enough to create a competitive moat.

A tie-up meant to help struggling satellite-TV companies is falling apart after creditors balked at a proposal to cut into their holdings.

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

Oil prices rose in early European trade and were on track for weekly gains of more than 5% as escalating tensions between Russia and Ukraine kept energy markets on edge.

Gold consolidated in the early Asian session amid mixed signals.

The dollar rose to a 13-month high on safe-haven flows and cautious remarks from a Federal Reserve official about prospects for interest-rate cuts, ING said.

Market pricing of the ECB’s terminal rate might decline below current levels in the coming months, SEB said, which could enable short-term bond yields to edge lower but in contrast, the 10-year Bund yield is likely to remain rangebound between 2.20% and 2.40% in the coming few months.

Chinese shares ended lower with lackluster results from tech giants Baidu and PDD weighing on investor sentiment, along with persistent concerns about the domestic economy and the impact of potential U.S. tariffs.

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The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.

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The apparel retailer said it now expects full-year sales to grow between 1.5% and 2%. Gap had most recently guided for sales to be up slightly.

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President-elect Donald Trump’s incoming administration doesn’t “want to add to the bureaucracy and they don’t want to add investments to create something…that already exists,” said Chief Executive Sasan Goodarzi.

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The world’s two richest men got into it on Musk’s social-media platform X over the election.

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Quikrete is in advanced talks to acquire Summit Materials, according to people familiar with the matter.

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Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from lower-cost Chinese competitors.

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Find insight on Petronas Chemicals, LG Chem and more in the latest Market Talks covering basic materials.

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