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Brazilian fintech Agibank raises $240 million in scaled-back US IPO

Brazilian fintech Agibank raises $240 million in scaled-back US IPO

Agibank said on Wednesday it had raised $240 million in its New York initial public offering, the second Brazilian fintech to tap U.S. capital markets in recent weeks.
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A tale of two toymakers: Mattel craters, while Hasbro's digital pivot delivers

A tale of two toymakers: Mattel craters, while Hasbro's digital pivot delivers

Mattel and Hasbro both delivered disappointing forecasts for 2026. But Hasbro shares rose as much as 9% on Tuesday on the strength of its digital gaming business, and Mattel stock sank 30% premarket on Wednesday and was set for its worst intraday plunge in over four decades. 
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Dutch court orders Nexperia investigation, upholds decisions including Chinese CEO suspension

Dutch court orders Nexperia investigation, upholds decisions including Chinese CEO suspension

A Dutch court on Wednesday ordered an investigation into mismanagement at chipmaker Nexperia BV and upheld an October decision to suspend former CEO Zhang Xuezheng, the founder of Nexperia’s Chinese parent Wingtech, saying the company needs stability.
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Caterpillar flags $2.6 billion tariff hit in 2026, power equipment demand lifts quarter

Caterpillar flags $2.6 billion tariff hit in 2026, power equipment demand lifts quarter

Caterpillar warned of a $2.6 billion hit from tariffs in 2026, even as it reported a rise in fourth-quarter revenue and profit on sustained demand for its power-generation equipment amid a rapid build-out of data centers.
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