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HomeMarket AnalysisFirst Republic's destiny, Disney's layoffs - Top market news (May 1st)

First Republic’s destiny, Disney’s layoffs – Top market news (May 1st)

Today’s main global market news –

  1. More accurate and transparent business climate rankings are coming from the World Bank.
  2. Walmart and Energizer are being sued for collaborating to boost the cost of batteries
  3. Iveric Bio will be purchased by Astellas Pharma for $5.9 billion.
  4. Activision Blizzard declines in response to the UK’s CMA acquisition-blocking ruling
  5. Analysts respond to Carrier Global’s acquisition of Viessmann Climate Solutions.
  6. Getty Images challenges Trillium Capital’s $4 billion buyout bid.
  7. The Federal Reserve is the focus of attention when the dollar increases
  8. India Due to strong demand, April manufacturing activity reached a 4-month high.
  9. Fears of a US rate increase, dismal China data, and supply cutbacks cause oil prices to decline.
  10. For $5.9 billion, Japanese pharmaceutical company Astellas will purchase Iveric Bio.
  11. Numerous high-ranking officials in streaming were let go as a result of Disney layoffs, according to reports
  12. Today’s stock market: Tokyo up, while most Asian markets are closed
  13. To acquire First Republic’s assets and take over the deposit base, JP Morgan
  14. Oil prices decline due to forecasts for a rate increase in the United States and a dismal China PMI
  15. Australia’s housing prices are rising once more, indicating a market bottom.
  16. In the First Republic auction, the final bidders included PNC, JPM, and Citizens.
  17. April saw a milder decline in industrial activity in Japan according to the PMI

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