The market version of ‘quickie’ divorce is getting more costly

The market version of ‘quickie’ divorce is getting more costly

Bymuratdeniz | E+ | Getty Images With regulators exerting more scrutiny on mergers and acquisitions, managing risk is increasingly important for companies planning nuptials.  One time-honored corporate M&A prenup strategy, which could become more important going forward, is the use of break-up fees, also known as termination fees. These fees — paid by the buyer, … Read more

Saudi oil giant Aramco posts 25% fall in full-year profit

Saudi oil giant Aramco posts 25% fall in full-year profit

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada.  Artur Widak | Nurphoto | Getty Images Saudi Arabia’s state oil giant Aramco reported … Read more

At least 19 dead as floods hit Indonesia’s Sumatra island

At least 19 dead as floods hit Indonesia’s Sumatra island

Torrential rains have triggered flash floods and a landslide on Indonesia’s Sumatra island, killing at least 19 people and leaving seven others missing, officials say. Tonnes of mud, rocks and uprooted trees rolled down a mountain late Friday, reaching a river that burst its banks and tore through mountainside villages in Pesisir Selatan district of … Read more

Joe Biden Jokes About His Age In New Video: “I’m Young, Energetic, Handsome”

Joe Biden Jokes About His Age In New Video: “I’m Young, Energetic, Handsome”

“Look I’m not a young guy, that’s no secret,” he said in an ad released on Saturday. United States President Joe Biden recently released a campaign advertisement for the 2024 Presidential Elections on social media and cracked jokes about his age. “Look I’m not a young guy, that’s no secret,” he said in an ad … Read more

‘Waiting for the storm’: Israelis and Palestinians fear difficult week as Ramadan starts | Israel-Gaza war

‘Waiting for the storm’: Israelis and Palestinians fear difficult week as Ramadan starts | Israel-Gaza war

Israelis and Palestinians are bracing themselves for a tense and ­potentially violent week, with no sign of a ­ceasefire likely in Gaza and calls from Hamas for protest marches around the Islamic world to mark the start of Ramadan on Monday. Earlier this month, a halt to hostilities before the Muslim holy month looked possible, … Read more