IBT Staff Reporter

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.

Israel and India are preparing to resume talks on a free trade agreement, Israel's Economy Ministry said on Monday, adding that an Indian delegation had arrived in Jerusalem to discuss framework rules and coordinate expectations for negotiations.

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.

The Penuelas reservoir in central Chile was until twenty years ago the main source of water for the city of Valparaiso, holding enough water for 38,000 Olympic-size swimming pools.

WTO seeks shot in the arm with Covid jab IP idea

Italy is studying measures to cut taxes on low- and middle-income workers and help families and firms cope with surging energy costs exacerbated by the Ukraine war, two government officials said.

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.

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.

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.

Venezuelan pop and reggaeton fans able to pay the equivalent of the country's monthly minimum wage for a concert ticket are filling venues for the first time in over seven years to see their favorite national and international artists.

Planned Parenthood and other abortion rights groups are expanding a network of staff to guide patients through what is expected to become an increasingly complex and expensive process to obtain abortions across much of the United States.

Top advisers to then-President Donald Trump told him that his claims of widespread election fraud were unfounded and would not reverse his 2020 election loss, but he refused to listen, according to testimony on Monday at a hearing of the committee investigating the Jan.

Top advisers to then-President Trump told him that his claims of widespread election fraud were not legitimate and would not reverse his election loss, according to video testimony aired on Monday by the committee investigating the Jan.

UN rights chief Bachelet won't seek second term

Wall Street's main stock indexes fell sharply and the S&P 500 was on track to confirm a bear market on Monday on fears that the Federal Reserve's aggressive interest rate hikes would tip the economy into recession.

Wall Street's main stock indexes fell sharply on Monday, with the S&P 500 on track to confirm a bear market on fears that the Federal Reserve's aggressive rate hikes would tip the economy into recession.

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.

UK sets up EU battle with N.Ireland changes

High stakes as Macron battles to keep parliament majority

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.

M23 rebels in the Democratic Republic of Congo have seized the eastern border town of Bunagana, the rebel group and local activists said on Monday, sending more than 30,000 civilians fleeing into neighbouring Uganda.

M23 rebels in the Democratic Republic of Congo have seized the eastern border town of Bunagana, the rebel group and local activists said on Monday, sending more than 30,000 civilians fleeing into neighbouring Uganda.

M23 rebels in the Democratic Republic of Congo have seized the eastern town of Bunagana on the border with Uganda, local activists said on Monday, in a setback for Congolese forces who had said a day earlier they had the insurgents on the run.

Leaders of prominent Islamic groups and mosques in India appealed to fellow Muslims on Monday to suspend plans for protests against derogatory remarks about the Prophet Mohammad made by two members of the ruling Hindu-nationalist party.

Space probe reveals secrets of 'restless' Milky Way

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

Ukraine's desperate farmers trapped by grain blockade

Hong Kong school quarantine request hints at Xi handover visit