Federer-backed shoemaker ON Holdings AG files for US IPO, reveals revenue surge 24-08-2021 On Monday, Swiss tennis legend Federer-backed shoemaker ON Holdings AG had filed for a US IPO (Initial Public Offerings)
Mooresville retailer Lowe’s Q2 sales jump as big-ticket spending surges 24-08-2021 Lowe's Cos Inc., the American retailer of home improvement goods, had beaten an analysts' estimate for second-quarter sales
Iran accelerates uranium enrichment to near weapon-grade, says IAEA 24-08-2021 The UN atomic energy watchdog IAEA said in a statement later last week that Tehran had heightened up its uranium enrichment, sending shockwaves across global markets
New York’s CD&R to purchase British grocer chain Morrisons at $9.54bn buyout deal 23-08-2021 On Saturday, Morrisons, the fourth-largest British hypermarket chain operator, had agreed to a $9.54 billion takeover offer from CD&R
Chicago’s Citadel plans to redeem $500 million from Melvin Capital 23-08-2021 American billionaire businessman Kenneth Griffin-backed Citadel had been looking to redeem $500 million of a $2 billion in investments into Melvin Capital made earlier in January this year
European stock indices' futures open higher after worst weekly decline in 6 months 23-08-2021 On Monday, a slew of European stock indices' futures had been feathering higher in Asia-Pacific trading hours
Siemens-backed Illinois’ software consultancy firm Thoughtworks files for US IPO 22-08-2021 Thoughtworks, the Illinois-based American multinational software consultancy firm, had filed for a US IPO late on Friday, a regulatory filing with the US SEC (Securities and Exchange Commission) had unveiled
Bellevue’s T-Mobile breach impacts 53 mln customers as probe finds wider bearings 22-08-2021 T-Mobile US Inc data breach casualties had extended to more than 53 million people, the American wireless data carrier said late on Friday
Detroit’s GM expands Chevy Bolt EV recall on fire risk, will take $1 billion hit 22-08-2021 General Motors Co said late on Friday that the Detroit carmaker would expand its Chery Bolt EV recall on potential fire risks
Moline’s Deere & Co raises earnings forecast, but sees growing inflationary pressure 22-08-2021 Deere & Co., the world's largest agriculture machinery producer, had raised full-year earnings' forecast for fiscal 2021 amid a stronger-than-anticipated demand-surge
Santa Clara chipmaker Nvidia’s $40bn ARM takeover hits UK antirust hurdle 21-08-2021 Nvidia's $40 billion takeover deal for British chipmaker ARM stumbled amid US anti-trust hurdle
Palo Alto EV maker Tesla to launch humanoid robot prototype next year, says Musk 21-08-2021 Tesla Chief Musk said late on Thursday that the e-vehicle industry trailblazer would plausibly roll out a humanoid robot prototype for dangerous, repetitive and boring works as early as by next year
Detroit’s Ford halts output for a week as Toyota cuts yield in US amid chip shortage 21-08-2021 Toyota Motor Corp had been expecting a production drop between 60,000 to 90,000 vehicles in August due to a mass-scale chip shortage, while Ford Motor Co had decided to halt production for a week at its Kansas City plant
Seattle’s Amazon plans to open large physical retail stores in US 20-08-2021 Amazon.com Inc., the world's largest online retailer, has been exploring an option to launch large physical retail stores in the United States
Atlanta’s Home Depot’s US sales slow as DIY frenzy eases 20-08-2021 Home improvement retailer Home Depot Inc.'s US same-store sales had fallen short of analysts' estimates over the second quarter of fiscal 2021
Swedish vegan milk maker Oatly forecasts annual revenue surge 19-08-2021 Swedish vegan milk producer Oatly projects at least 64 per cent jump in annual revenues
Kent’s Blue Origin sues US Government over SpaceX lunar lander contract 18-08-2021 On Monday, Amazon.com Inc founder and Chief Jeff Bezos' space venture Blue Origin had sued the US Government over a $2.9 billion lunar lander contract awarded to Musk's SpaceX a month earlier
US NHTSA opens formal probe on Tesla’s Autopilot over emergency vehicle crashes 18-08-2021 On Monday, US auto safety regulator said in a statement that it had opened a formal probe on Tesla's Autopilot in 765,000 US vehicles following reports of a string of crashes
German grocery chain Aldi's US arm to hire 20,000 workers ahead of holiday season 18-08-2021 The US wing of German grocery chain Aldi has been set to hire as many as 20,000 US workers ahead of a busy holiday season
Saudi Aramco seeks to raise at least $17 billion from gas pipeline 17-08-2021 Saudi Aramco has been looking to raise over $17 billion in a minority stake sale at its natgas pipeline operation
Californian Democrat Rep. Swalwell unveils bill for tax credit on rare earth minerals 17-08-2021 Last week, Californian Democratic Representative Eric Sawlwell had introduced a bill that in effect would proffer tax credits for rare earth minerals miners
Faurecia wins bidding war over auto lights maker Hella in €6.7 billion deal 17-08-2021 German auto lighting group Hella said in a statement over the weekend that it had agreed to sell off a 60 per cent stake in the company to French auto parts maker Faurecia at a €6.7 billion deal
Chicago hotel chain Hyatt to purchase Apple Leisure from KKR, KSL Capital for $2.7bn 16-08-2021 American multinational hospitality company Hyatt Hotels Corp said on Sunday that it had agreed to purchase Apple Leisure Group from KKR and KSL Capital in a $2.7 billion buyout deal
Bellevue’s T-Mobile probes claims of customer data breach 16-08-2021 Late on Sunday, US mobile network operator T-Mobile US Inc said in a statement that it was probing an underground forum post claiming over 100 million T-Mobile users' personal data had been compromised
Austin’s Bumble raises quarterly estimate as pandemic love endures Delta concerns 16-08-2021 Bumble Inc had raised its current-quarter forecast for revenues amid an upsurge in delta cases
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