Here are five things you need to know this morning.
Just over a month ago, a sitting U.S. president announcing he has suspended his re-election campaign would have qualified as a stunning political development. But with everything that’s happened in the last few weeks, Biden’s news on Sunday that he won’t be running for president after all has. A Bloomberg gauge of U.S. dollar strength is down about 0.
. Under the terms of the deal announced Monday morning and expected to be completed by the end of the year, a holding company owned by Fairfax will acquired all outstanding common shares of Sleep Country for $35. That’s about a 30 per cent premium to what the shares were trading at last week, and a level they haven’t touched since 2022. It’s also the second time in Sleep Country’s history that it has been take private after going public on the TSX.
, most economists polled by Bloomberg are expecting a cut, and investors are even more confident, with trading on the overnight index swaps market implying a better than 90 per cent chance.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Daily Chase: Markets have spoken and the ‘Trump trade’ is onHere are five things you need to know this morning.
Read more »
The Daily Chase: Markets inch higher as Powell speaks for second dayHere are five things you need to know this morning.
Read more »
The Daily Chase: Canada's economy eked out 0.3% growth in AprilHere are five things you need to know this morning.
Read more »
The Daily Chase: WestJet strike looms as mechanic talks break down againHere are five things you need to know this morning.
Read more »
The Daily Chase: Target takes aim at third-party selling with Shopify partnershipHere are five things you need to know this morning.
Read more »
The Daily Chase: CrowdStrike outage causes global IT chaosHere are five things you need to know this morning.
Read more »