Asian stocks advanced, led by AI-focused companies, as traders overlooked Middle East tensions. Despite rising oil prices and concerns over inflation, the market remains optimistic about corporate profits driven by AI investments. Investors are largely betting on a de-escalation in the Middle East, though volatility persists.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest