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L3Harris Technologies (NYSE:LHX) is nearing completion of an agreement to divest a 60% interest in its space and propulsion businesses to private equity firm AE Industrial Partners, according to people familiar with the discussions. Sources said the transaction could be unveiled as soon as Monday, with AE Industrial Partners expected to pay more than $500…

QXO (NYSE:QXO) shares rose sharply in premarket trading on Monday after reports that an investor consortium led by Apollo Global Management has agreed to inject more than $1 billion into the building products group. People familiar with the situation said the funding is intended to back QXO’s acquisition-led growth strategy. The Greenwich, Connecticut–based company has…

Argenx (NASDAQ:ARGX) is set to implement a leadership change in May, a development that UBS Global Research believes should ensure a smooth continuation of the company’s strategy and operations. Founder and current chief executive Tim Van Hauwermeiren will step aside from the CEO role and assume the position of chairman of the board. Chief Operating…

Kodiak AI (NASDAQ:KDK) has announced a strategic partnership with Bosch to accelerate the manufacturing and deployment of hardware and sensor systems for self-driving trucks, as the company moves beyond pilot programs toward large-scale commercial operations. Autonomous technology developers are facing growing pressure from investors to prove sustainable business models after years of heavy investment and…

Bitcoin (COIN:BTCUSD) moved higher on Monday, supported by a broader rally in technology stocks, although gains remained restrained as investors assessed the implications of the recent U.S. military action in Venezuela. Attention this week is also turning to a series of major economic releases, with U.S. nonfarm payrolls data for December seen as particularly important.…

Gold and silver prices surged again as investors sought refuge in precious metals following the U.S. operation over the weekend that resulted in the capture of Venezuelan President Nicolás Maduro, heightening geopolitical uncertainty and boosting demand for safe-haven assets. In early trading, spot gold climbed more than 2% to $4,431 an ounce, while February futures…

Oil prices edged lower on Monday as plentiful global supply helped markets look past political upheaval in Venezuela, despite the U.S. capture of President Nicolas Maduro in the world’s largest oil-reserve holder. Brent crude futures fell 23 cents, or 0.4%, to $60.52 a barrel by 09:40 GMT, while U.S. West Texas Intermediate crude slipped 21…