Broomfield’s Crocs to purchase footwear brand Heydude in $2.5bn deal; shares dive 11%

26-12-2021
American shoe maker Crocs Inc has been set to purchase privately-owned footwear brand Heydude in a $2.5 billion buyout deal

Palo Alto’s Tesla Inc plugs off games on moving car screen after US safety probe

26-12-2021
Tesla Inc had said on Friday that it would disable video games from moving car's front-screen

EU gas soars €110/MW-hour on Christmas Eve as Putin says Nord Stream to lower prices

25-12-2021
Russ President Vladimir Putin said on Friday that Nord Stream pipelines would significantly lower gas prices in Europe

Santa Clara chipmaker Intel, Italy in advanced talk over $9bn chip factory

24-12-2021
Intel Corp had been in an advanced stage talk with Italian Government officials over construction of a €8 billion advanced semiconductor plant

San Diego’s Quidel Corp. to buy Ortho Clinical in $6bn buyout deal, shares tumble 18%

23-12-2021
Covid-19 screener Quidel Corp said on Thursday that it would purchase Ortho Clinical in a $6bn cash-and-stock deal in a bid to bolster its diagnostic portfolio

Palo Alto’s Tesla Chief Musk says ‘almost done’ with stock sales; shares soar 7.5%

23-12-2021
Musk tweeted on Wednesday that he had been "almost done" with his planned stock sales

China’s Tencent to give $16.4 billion JD.com stake to shareholders as dividend

23-12-2021
Chinese gaming and social media giant Tencent said in a statement earlier on Thursday that it would hand out a majority of its $16.4 billion worth of JD.com stakes to shareholders as dividend pay-offs

Wall St. mints robust gains on rosy economic data, abating Omicron fears

23-12-2021
All three key indices of Wall St. had stretched out their latest leg of whacking rallies on Wednesday

Cupertino’s Apple receives Moody’s top ‘AAA’ credit rating on growth promise

22-12-2021
Moody's Inc had upgraded Apple Inc's credit rating to 'AAA' with a stable outlook

Santa Clara’s Oracle to purchase Missouri health tech giant Cerner for $28.3bn

21-12-2021
American software industry mogul Oracle Corp. said on Monday that it would purchase a Missouri-based health technology mogul Center Corp in an all-cash $28.3 billion buyout deal

Beaverton’s footwear maker Nike beats Q2 revenue estimate on robust N. America demand

21-12-2021
Nike Inc had beaten analysts' estimate for both profit and revenues over second-quarter of its fiscal 2022

San Mateo’s travel tech firm Mondee nears $1 billion SPAC deal to go public

21-12-2021
Californian travel tech firm Mondee nears a $1 billion SPAC merger to go public

Chicago private equity Thoma Bravo to take fintech Bottomline private in $2.6bn deal

20-12-2021
Tech-focused PE Thoma Bravo seeks to take fintech Bottomline private in a $2.6 billion deal

JPMorgan, Int. bank in UAE shift to Mon-Fri work week with break for prayer on Friday

20-12-2021
UAE-wings of a number of International lenders like of JPMorgan alongside Deutsche among others had shifted their weekend to Saturday-Sunday

Italy’s Zegna to start trading on NYSE from Dec. 20 after SPAC merger

20-12-2021
Italian family-owned luxury fashion house Zegna will start trading on NYSE as early as by Monday under a ticker symbol "ZGN"

De Beers extends Botswana sales deal as it negotiates new contract

20-12-2021
De Beers Group had extended its Botswana JV contract by six months

Egyptian billionaire Sawiris sells off Euronews to Alpac Capital

19-12-2021
Egyptian billionaire Naguib Sawiris had sold off his controlling 88 per cent stake in Euronews to Portugal's Alpac Capital

Irvine’s Rivian warns supply constraint to hit output as shares drop to record low

19-12-2021
Amazon-backed e-vehicle start-up Rivian Automotive Inc dipped as much as 15 per cent on Friday

New York’s credit rating agency S&P dumps Evergrande into default

18-12-2021
On Friday, S&P Global Inc had officially branded China's Evergrande as a 'selective default'

Palo Alto’s Tesla faces investor lawsuit over Musk tweet on 10% stock sale

18-12-2021
Tesla Inc had been met with an investor lawsuit over Musk's Nov. 6 twitter voting poll about a sale of his 10 per cent stakes in the company

Irvine’s Rivian to build $5bn plant in Georgia, posts $1.2bn in quarterly loss

18-12-2021
Amazon-backed e-vehicle start-up Rivian had reported a net loss of $1.2 billion on Q3, 2021

Oil rises 2% as US demand bolsters, Fed outlook brightens

17-12-2021
Both US and UK crude oil prices rose as much as 2 per cent on Thursday, however, pared some gains on Friday's morning European trading

Columbia’s US SEC to tighten insider trading law, boost money market fraud resilience

17-12-2021
US SEC said on Wednesday that it had proposed a string of new legislations which in effect would tighten insider trading rules

Santander to invest $6 billion in digital transformation in Latin America

16-12-2021
Santander Group SA was looking to invest as many as $6 billion in Latin America between 2022 and 2024

Columbia’s A4A, FAA warn 5G wireless could cause havoc with flights

16-12-2021
Washington DC-based American aviation trade group A4A said on Wednesday that a roll-out of fifth-generation wireless spectrums could cost an additional $1.6 billion per year