img/business/enbridge-makes-massive-14-billion-dominion-energy-utility-purchase.jpg Enbridge, the Canadian pipeline operator, has reportedly announced the purchase of three utilities from Dominion Energy for a total of $14 billion, inclusive of assumed debt. The acq...
Read More >>img/business/cathay-pacific-eyes-cargo-growth-in-india-with-mnc-contracts.jpg Cathay Pacific Airways Ltd. is reportedly aiming to secure air freight contracts from prominent multinational corporations such as Apple Inc. and Foxconn, as these companies expand thei...
Read More >>img/business/amazon-explores-key-investment-role-in-arm-ltd.-ahead-of-ipo-release.png The e-commerce giant, Amazon, is reportedly engaged in talks to become a major investor in Arm Ltd., a subsidiary of SoftBank Group Corp., ahead of the upcoming initial public offering ...
Read More >>img/business/eu-to-investigate-adobes-figma-acquisition-over-competition-concerns.jpg European antitrust regulators are reportedly gearing up to conduct a formal investigation into Adobe's proposed $20 billion acquisition of Figma, a cloud-based designer platform, as...
Read More >>img/business/us-judge-accepts-ftc-request-blocks-microsofts-activision-acquisition.jpg On Tuesday, a U.S. judge granted reportedly the request by Federal Trade Commission (FTC) to temporarily halt the Activision Blizzard acquisition by Microsoft Corp. Without the court or...
Read More >>img/business/tata-consumer-eyes-acquisitions-in-f-b-space-share-price-rises.jpg Tata Consumer Products of Tata Group reportedly witnessed a 2.5% surge in stock price on June 7. The positive gain comes following the announcement made by Tata Group chairman N Chandra...
Read More >>img/business/ford-motor-co-earns-robust-profits-in-q1-amid-unsure-ev-unit-stance.jpg With a favorable demand for its SUV and truck models, Ford Motor Co. on Tuesday 2 May reported strong revenues and profit for the first quarter of 2023. The company has, however, advise...
Read More >>img/business/tesla-ordered-to-pay-ex-employee-over-3.2-mn-in-damages-over-racism-case.jpg Electric car manufacturer, Tesla, has reportedly been ordered by a federal jury to pay more than USD 3.2 million in damages to a former worker, following his win in a racial harassment ...
Read More >>img/business/labour-recasts-green-growth-plan-as-uk-version-of-inflation-reduction-act.jpg Labour party of the UK has decided to invest in good, clean energy jobs by recasting its green growth initiative as the British version of the US’s Inflation Reduction Act. Ed Mil...
Read More >>img/business/virgin-orbit-seeks-funding-lifeline-to-save-itself-from-bankruptcy.jpg Rocket-building company Virgin Orbit is reportedly looking for strong funding options to avoid bankruptcy, which could occur soon in case no deal is finalized. The firm has paused most ...
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