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Honeywell Closes Acquisition Of Carrier\'s Global Access Solutions Unit; Boosts FY24 Profit Outlook

Honeywell International Inc. (HON) announced Monday the completion of its acquisition of Carrier Global Corp.\'s (CARR) Global Access Solutions business for $4.95 billion. The acquisition positions Honeywell as a leading provider of security solutions for the digital age with opportunities for accelerated innovation in the fast-growing, cloud-based services and solutions space. Global Access Solutions enhances...

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U.S. Stocks Close On Mixed Note

After a positive start and a subsequent retreat that resulted in a fairly long spell in negative territory on Monday, U.S. stocks recovered in afternoon trades and ended the day\'s session on a mixed note. The Nasdaq outperformed, settling at 16,828.67 with a gain of 93.65 points or 0.56 percent. The S&P 500 edged up...

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Indian Police Officer Arrested For Siphoning Over $200K In Bitcoin Related To Crypto Scam Investigation

An Indian police officer was arrested on May 31 for allegedly stealing Bitcoin worth INR 1.8 crore (approximately $216,000) during a crypto scam investigation. Indian Police Scam Reveals Collaboration With Bitcoin Wallet Hacker According to local media news Hindustan Times, the Special Investigation Team (SIT) of the Central Crime Branch (CCB) apprehended the police inspector...

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Australia Data On Tap For Tuesday

Australia is scheduled to release a batch of data on Tuesday, headlining a light day for Asia-Pacific economic activity, On tap are April figures for retail sales and Q1 data for current account and company profits. Retail sales are expected to add 0.1 percent on month after slipping 04 percent in March. The current account...

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TSX Ends Notably Lower As Energy Stocks Tumble

The Canadian market ended notably on Monday, after staying weak right through the day\'s session due to sustained selling in energy stocks. The mood was cautious with investors awaiting the Bank of Canada\'s interest rate decision later this week. The Europen Central Bank, scheduled to announce its policy on Thursday, is expected to cut interest...

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Rebound Anticipated For Thai Stock Market

Ahead of Monday\'s holiday for Queen Suthida\'s birthday, the Thai stock market had turned lower again - one day after snapping the two-day slide in which it had stumbled more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,345-point plateau although it\'s likely to bounce higher again...

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