Palo Alto’s Tesla to accept dogecoin as payment for merchandise, says Musk

16-12-2021
Tesla Inc Chief Musk said in a tweet that the e-vehicle industry pioneer would accept dogecoin as a payment method for merchandise items on an experimental basis

New York’s Pfizer bets on Arena’s promising bowel disease treatment in $6.7bn deal

15-12-2021
Pfizer Inc had purchased drug developer Arena in a $6.7 billion buyout deal

OPEC raises Q1, 2022 demand forecast, says Omicron impact to be mild

15-12-2021
On Monday, OPEC leaders had raised global crude oil demand forecast for the first quarter of 2022

Abu Dhabi’s Mubadala seeks to invest in crypto ecosystem

15-12-2021
Abu Dhabi's sovereign wealth fund Mubadala has been looking to invest on crypto atmosphere, Mubadala Chief Mubarak had unenveloped in an interview with CNBC late on Sunday

Milwaukee’s Harley to take EV unit public via SPAC deal as valuations soar

14-12-2021
American legacy motorcycle maker Harley Davidson Inc has agreed to a merger of its electric motorcycle decision with an SPAC, valuing the entity at $1.77 billion

Elon Musk named Time’s 2021 ‘Person of the Year’

14-12-2021
Elon Musk was named the Time Magazine's 2021 'Person of the year'

Kiwi dairy giant Fonterra to lay off $2.7bn in carbon-neutral push, expansion

14-12-2021
Fonterra has been looking to invest as many as N$4 billion, mostly in a bid to become carbon neutral

Saudi expects 2022 budget surplus after years of deficit

13-12-2021
Saudi Arabia would more likely to log a budget surplus in 2022 for the first time in nearly a decade

Permira to take e-mail security firm Mimecast private in all-cash $5.8bn deal

13-12-2021
British private equity firm Permira has been set to take e-mail security company Mimecast private in an all-cast $5.8 billion deal

Mercedes-Benz projects upbeat dividend prospect on healthy profit margin

12-12-2021
German luxury carmaker Mercedes-Benz had projected a healthier-than-expected dividend pay-off this year

China’s Didi plans to hire Goldman for Hong Kong listing, US delisting

11-12-2021
China's ride-sharing giant Didi Global Inc has been looking to hire Goldman for its slated US delisting and a planned Hang Seng listing

Detroit carmaker GM eyes investments of more than $4bn in Michigan EV plants

11-12-2021
General Motor Co has been brewing off an option to invest over $4 billion in Michigan EV plants

Redmond’s Microsoft to win unconditional EU antitrust approval for $16bn Nuance deal

11-12-2021
Microsoft Corp has been set to win an unconditional EU approval for its $16 billion Nuance buyout deal

Palo Alto’s Tesla boss Musk says he is ‘thinking of quitting’ his jobs

10-12-2021
Musk says in a tweet late on Thursday that he was looking to quit his roles

Nubank debuts with $52bn market cap, becomes Brazil’s third-most valuable public firm

10-12-2021
Brazilian digital lender Nubank had been valued close to a whacking $50 billion in a chartbuster NYSE debut on Thursday

Swiss Luxury watch retailer posts strong Nov. sales, projects robust Christmas profit

09-12-2021
On Thursday, UK-based luxury watch retailer 'Watches of Switzerland' said in a statement that its November sales had handsomely surpassed earlier projections

New York private equity Veritas mulls sale of healthcare unit Cotiviti in $15bn deal

09-12-2021
Veritas Capital mulls sale of healthcare analytics unit Cotiviti Corp in a $15 billion deal

Renewed Iran nuclear talks to resume on Thursday, but France discouraged

08-12-2021
French Foreign Minister Jean-Yves Le Drian said on Tuesday that talks over a potential revival of 2015 Iran Nuclear deal would likely to begin on Thursday

Airbus SE delivers 58 jets in November, receives order boost

08-12-2021
Airbus SE said in a monthly bulletin that it had delivered 58 jets in November, sending shares' prices as much as 8.17% higher thus far this week

Wall St. snowballs as Nasdaq rallies 3% amid boost from tech, chipmakers

08-12-2021
All three key indices of Wall St. had rallied robustly on Tuesday

New York’s Innovo Property to purchase HSBC Tower from Israeli firm in a $855mln bid

08-12-2021
Israeli real estate tycoon Property and Building Corp had sold off its New York HSBC Tower at a $855 million deal

Odyssey buys drugmaker BenevolentAI in Europe’s largest-ever SPAC merger deal

07-12-2021
On Monday, blank-check firm Odyssey had said in a statement that it had purchased British-based drugmaker BenevolentAI, valuing the pharmaceutical at £1.5 billion while marking off the largest-ever SPAC merger in Europe

New York’s BlackRock, Saudi’s Hassana sign 15.5bn deal for Aramco gas pipelines

07-12-2021
BlackRock Inc and Saudi's state-backed investment fund had taken over a 49 per cent stake in Aramco gas pipelines in a $15.5 billion deal

Saudi’s PIF to sell off 5.01 per cent stake in STC in Secondary shares offerings

06-12-2021
Saudi Public Investment Fund has been set to divest a 5.01 per cent stake in STC in a secondary shares offering

Cincinnati’s Macy’s Inc mulls e-commerce unit split

06-12-2021
Macy's Inc has been contemplating a potential split of its e-commerce unit amid growing pressure from stakeholders