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 per the Financial Times.  The deal investigati....

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 order, Microsoft could have completed the $69 billion dea....

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 Chandrasekaran during the annual general meeting about the com....

The Indian ultra-low-cost airline, Go First, has reportedly informed the Directorate General of Civil Aviation (DGCA) that the firm has not yet determined a definite timeline for the resumption of their operations after ceasing flights on M....

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, advised to keep an eye out for the rest of the year due to th....

American fast casual restaurant chain, Chipotle Mexican Grill, has reportedly released its revenue and quarterly earnings report, beating analysts’ expectations, driven by better than anticipated growth in same-store sales. Similar....

GreenSky was bought by Goldman Sachs in 2021 for USD 2.24 billion stock deal. Goldman Sachs quotes GreenSky as ‘good business’. Goldman cites itself not best suited to lead the fintech in long run . In the recent tur....

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 suit. Owen Diaz, who worked as a lift operator at the f....

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 Miliband, the shadow net zero secretary, has been tasked w....

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 of its operations and furloughed most of the staff whil....