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Global Market: European stocks edge up; Schneider plunges after PTC deal
European shares edged 0.2% higher, recovering from last week’s losses, while French stocks fell amid growing fiscal concerns. The CAC 40 dropped 0.8%, pressured by Schneider Electric’s sharp decline after its $22.6 billion PTC deal. Investors also tracked softer US jobs data, bond yields, inflation risks and political…
Schneider Electric in advanced talks to buy US-based software firm PTC for roughly $20 billion: What we know
France-based Schneider Electric is in advanced talks to acquire US software company PTC for nearly $20 billion. The deal would be Schneider’s largest acquisition, strengthening its industrial software portfolio as it expands through acquisitions and benefits from the AI data centre boom.
After bankruptcy, he was banned from sports betting sites. Then he discovered Kalshi
The dark side of the prediction market boom is becoming more clear: Experts say the sites have become go-to outlets for gambling addicts to relapse as the companies avoid state consumer protections.