GSK rejects £50 billion Unilever offer for consumer assets

17-01-2022
GlaxoSmithKline had rejected a £50 billion cash-and-stock buyout bid from Unilever for its consumer health business

Toronto’s Royal Bank Plaza agrees $916mln skyscraper takeover by Zara's Ortega

16-01-2022
Spanish billionaire Ortega had reached a $916 million deal to purchase a Toronto skyscraper Royal Bank Plaza

Los Gatos’s Netflix raises monthly subscription prices in the US, Canada; shares soar

15-01-2022
Netflix said in a statement on Friday that the media streaming pioneer would raise its monthly subscription prices by $1 to $2 in the US and Canada

Columbia’s NRF says US holiday sales surmount supply chain snarls

15-01-2022
US holiday sales had handily beaten an analysts' forecast of 11.5 per cent growth last year

New York City asset manager BlackRock assets breach $10 trillion

15-01-2022
BlackRock Inc's assets under management had breached a landmark $10 trillion on Friday

Walldorf’s SAP reports 28% jump in Q4 cloud revenues, projects 26% growth in ‘22

15-01-2022
German software industry giant SAP SE had reported a 28 per cent leapfrog in fourth-quarter cloud revenues

Michigan’s Ford crosses $100bn market valuation for first time

14-01-2022
Ford Motor Co's market valuation surged above $100 billion for the first time on record on Thursday

Californian PE giant TPG valued at over $10bn in stellar US public market debut

14-01-2022
TPG Capital, the 30-year-old American PE giant had surged more than 12 per cent in a chartbuster US public market debut, valuing the firm at a whopping $10 billion

China’s annual auto sales up for first time since 2017

13-01-2022
China’s annual auto sales rose for the first time in nearly half a decade last year

London-based Fintech firm Checkout.com’s valuation hits $40bn after latest funding

13-01-2022
London-based fintech firm Checkout.com has been valued at an eye-popping $40 billion following its latest round of fundraising campaign

Take-Two to buy ‘FarmVille’ maker Zynga for $11bn in largest-ever gaming deal

12-01-2022
New York City-based maker of "Grand Theft Auto" and "Red Dead Redemption," Take-Two, has been set to buy "Farmville" maker Zynga in an $11.04 billion cash and stock deal

Crude oil prices near $84/barrel as Omicron impact expected to be short-lived

12-01-2022
Crude oil prices mushroomed as much as 3 per cent on Tuesday

Airbus outstrips Boeing with 611 deliveries in 2021, retains industry crown

11-01-2022
Airbus SE retains the global aviation manufacturing industry crown for a third straight year in a row

Italy’s Cucinelli reports 31% revenue-jump in '21; sales return to pre-pandemic level

11-01-2022
Italian luxury fashion brand Cucinelli's revenues had returned to pre-pandemic levels last year

US hybrid car sales hit record highs on 2021 as Toyota leads the bents in trend

10-01-2022
US hybrid car sales hit record in 2021 with Toyota leading the tally

Santa Clara chipmaker Intel launches graphics card chips to take on Nvidia

10-01-2022
Intel said later last week that it had launched new graphics card chips, marking off a sagacious move to challenge Nvidia's dominance in PC gaming industry

New York City asset manager Blackstone to invest $3bn in Invenergy Renewables

10-01-2022
Blackstone, the world's largest alternative asset management group, had invested a stark upsum of $3 billion on Invenergy renewables, the largest renewable holding in Northern America

Oil prices gain over 5.per cent in the week on Kazakh concern, Libya outages

10-01-2022
Both US WTI and Brent crude oil futures jumped over 5 per cent in the week

San Francisco’s Reddit taps Morgan Stanley, Goldman Sachs for IPO

09-01-2022
Californian news aggregator site Reddit has been exploring an option to hire Morgan Stanley alongside Goldman Sachs to oversee its IPO proceedings

Palo Alto’s Tesla to raise full self-driving software price to $12,000 in US - Musk

09-01-2022
Tesla Chief Musk tweeted on Friday that the EV industry pioneer would raise its full self-driving software prices to $12,000 in the US

San Francisco’s Uber to phase out Brazil restaurant delivery business

08-01-2022
American multinational ride-sharing giant Uber had been set to wind down its Brazil restaurant delivery business

Seattle retailer Amazon, Stellantis team up to deploy smarter cars, delivery vans

07-01-2022
Amazon and Stellantis said in a joint statement on Wednesday that they would partner up in a bid to develop smarter autos and delivery vans

San Francisco's sports site The Athletic to be acquired by New York Times for $550mln

07-01-2022
New York TImes had agreed to a $550 million acquisition of a Californian sports site "The Athletic"

San Diego chipmaker Qualcomm, Microsoft join forces on metaverse chip for AR glasses

06-01-2022
Speaking in a CES press briefing in Las Vegas, Nevada, Qualcomm Chief Executive was quoted saying that the chipmaker would join forces with Microsoft in a bid to develop metaverse chip for AR glasses

Louisville's KFC to launch Beyond Meat fried ‘Chicken’ across US on Jan 10

05-01-2022
KFC said on Tuedsay that Yum Brand Inc.'s KFC restaurants would begin to sell Beyond Meat's vegan-based fried chicken from November 10