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November 05, 2026
Global developments shaping business, policy, and markets
Helen of Troy rejects $1.6bn takeover proposal from Empower Brands as shares surge 25%
Helen of Troy has rejected an unsolicited $37-per-share cash acquisition proposal from Empower Brands, a business jointly owned by Spectrum…
CACI International wins $108m US Air Force contract as defence stocks fall
CACI International has received a five-year contract to sustain and modernise the United States Air Force's principal financial management…
McDonald’s US sales fall 0.2% despite $38bn global business as value strategy faces test
McDonald's reported stronger earnings and more than $38 billion in global systemwide sales, but comparable restaurant sales declined in the…
Autohome (ATHM) shares surge 13% despite 55% profit slump as RMB1.5bn dividends draw attention
Autohome reported a 26% revenue decline and a 55% fall in third-quarter attributable profit, exposing continued pressure on its automotive…
CVS Health to split into two as shares plunge 12.5% despite profit growth
CVS Health Corporation plans to separate its retail pharmacy business from its insurance, pharmacy benefit management and healthcare services…
Booking Holdings revenue falls 1% after $1bn FTC-related hit despite 345m room nights
Booking Holdings reported stronger global travel activity and 17% adjusted earnings per share growth, but recognised a $900 million revenue…
