BUSINESS

Prologis Inc, a warehouse-focused real estate income trust (REIT), said on Monday it would acquire peer Duke Realty Corp for about $26 billion, including debt, in an all-stock deal, making it one of the largest transactions in the booming REIT sector.

Prologis Inc will acquire Duke Realty Corp in a nearly $26 billion all-stock deal, including debt, the companies said on Monday, as the world's largest warehouse owner seeks to bolster its portfolio amid concerns over cooling demand.

House Speaker Nancy Pelosi earns $223,500 per year.

Amazon has offered to share marketplace data with sellers and boost the visibility of rival products on its platform, trying to persuade EU antitrust regulators to close their investigations without a fine by the end of the year, people familiar with the matter said.

The global advertising industry is expected to grow 8.4% this year, despite ongoing geopolitical situations around the world and fears of a recession, a report on the sector said on Monday.

U.S. two-year Treasury yields rose above 10-year borrowing costs on Monday - the so-called curve inversion that often heralds economic recession - on expectations interest rates may rise faster and further than anticipated.

Benchmark 10-year Treasury yields hit their highest level since 2011 on Monday, and a key part of the yield curve inverted for the first time since April as investors braced for the prospect that the Federal Reserve's attempts to stem soaring inflation will dent the economy.

Senators earn at least $174,000 annually.

NASA wants Elon Musk's SpaceX to ensure its plan to launch its next-generation Starship rocket from Florida would not put at risk nearby launch infrastructure critical to the International Space Station, a senior space agency official told Reuters.

The value of the cryptocurrency market on Monday fell below $1 trillion for the first time since January 2021, according to data site CoinMarketCap, reaching as low as $926 billion.

Nine months after taking the top job, Ferrari CEO Benedetto Vigna will be expected this week to explain how the carmaker will preserve its cachet - and top tier prices - in a future of electrified cars.

Plays about Black artists and Wall St are big winners on Broadway

Hong Kong school quarantine request hints at Xi handover visit

Beijing tightens Covid restrictions over 'ferocious' bar cluster

The prime minister of Iraqi Kurdistan, Masrour Barzani, has been touting the autonomous region's gas export capabilities as an alternative to Russian supply, but division between the region's two main parties suggest the plan is, for now, a pipe dream.

The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy.

Fired over Ukraine posts, Russian lecturer fights to keep teaching

Last-gasp challenge fails against UK's Rwanda asylum plan

Kang Myung-gil parked his truck last week and stopped hauling products from a unit of Samsung Electronics and other major South Korean companies to the port of Incheon, joining a strike that has hit industrial hubs and ports.

BlackRock, the world's biggest asset manager, said on Monday that clients owning nearly half of its $4.9 trillion in equity index assets were now free to control how votes are cast at the annual meetings of the companies in which their funds invest.

Google pays $118 mn to settle gender discrimination suit

Bitcoin fell as much as 14% on Monday after major U.S.

Bitcoin slumped 14% on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" conditions, in the latest sign of the financial market downturn hitting the cryptosphere.

Bitcoin tumbled on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" conditions, in the latest sign of the financial market downturn hitting the cryptosphere.

Major U.S. cryptocurrency lending company Celsius Network on Monday froze withdrawals because of "extreme market conditions," in the latest sign of pressure on the sector from tumbling crypto markets.

'Bear' market: Inflation fears pummel global stocks

Australian newspaper apologises over Rebel Wilson 'outing' controversy

Asian stocks sank on Monday and bond yields ticked higher as red-hot inflation reignited worries about even more aggressive U.S.

The yen fell to a fresh 20-year low against the dollar on Monday, as red hot U.S.