08:57 AM EDT, 04/03/2025 (MT Newswires) -- Sonim Technologies ( SONM ) said Thursday that it has received an unsolicited, non-binding offer from Orbic North America to acquire all of its outstanding shares for $4 each in cash. The company said it is reviewing the proposal while it consults with its legal and financial advisors. We appreciate Orbic's offer and...

(Reuters) - Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency rating to 'A' from 'A+', citing expectations of a continued weakening of public finances and rapidly rising debt. ...

Shares of consumer packaged goods company Conagra Brands Inc ( CAG ) traded lower in premarket on Thursday after the third-quarter FY25 earnings. The company reported a third-quarter sales decline of 6.3% year-on-year to $2.84 billion, missing the analyst consensus estimate of $2.903 billion. Organic net sales decreased 5.2%, driven by a 2.1% negative impact from price/mix and a 3.1% decrease in volume.  Adjusted...

08:50 AM EDT, 04/03/2025 (MT Newswires) -- Canada's international trade balance swung into deficit territory in February, as the United States tariff front-running efforts in prior months dented demand for exports, said CIBC. The $1.5 billion deficit released Thursday was in contrast to the consensus expectation for a $3.5 billion surplus, relative to a $3.1 billion surplus in January, which...