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KKR signs $3.1 billion deal to buy OSTTRA from S&P Global and CME Group

KKR signs $3.1 billion deal to buy OSTTRA from S&P Global and CME Group

(Reuters) - U.S. private equity firm KKR will buy post-trade services company OSTTRA in a $3.1 billion deal, owners S&P Global and CME Group (NASDAQ:CME) announced on Monday.London-based OSTTRA, a joint venture between derivatives marketplace CME and financial data provider S&P Global, provides post-trade services for global over-the-counter markets across interest rate, foreign exchange, ...

2025-04-14 19:28:31
KeyBanc says smartphone tariff exception is ’best-case scenario’ for Apple

KeyBanc says smartphone tariff exception is ’best-case scenario’ for Apple

Investing.com -- Apple shares (NASDAQ:AAPL) jumped at the end of last week after the U.S. granted an exception for smartphones from the latest round of reciprocal tariffs, a move KeyBanc analysts described as “probably the best case scenario we can think of for AAPL.”The brokerage upgraded the stock to Sector Weight from Underweight, noting that the exemption “takes a big risk off the table. ...

2025-04-14 19:26:58
Trump spares smartphones, computers, other electronics from China tariffs

Trump spares smartphones, computers, other electronics from China tariffs

By David Lawder and Jeff MasonWASHINGTON/WEST PALM BEACH, Florida (Reuters) -U.S. President Donald Trump’s administration granted exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China, providing a big break to tech firms like Apple (NASDAQ:AAPL) that rely on imported products.China said it was evaluating the impact of the exclusions. In a ...

2025-04-14 04:49:06
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.78%

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.78%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Industrial Investment, Transport and Insurance sectors led shares higher.At the close in Saudi Arabia, the Tadawul All Share gained 0.78%.The best performers of the session on the Tadawul All Share were Red Sea Housing Services Company (TADAWUL:4230), which rose 10.00% or 3.70 points to trade at 40.70 at t ...

2025-04-14 04:46:53