Seattle retailer Amazon.com warehouse workers vote to reject forming union in Alabama

10-04-2021
Amazon's Alabama warehouse workers had voted 1,798 to 738 against forming a union in the latest triumph for the Seattle retailer

Redwood city’s Impossible Foods seeks $10bn valuation in US public market listing

09-04-2021
Redwood City's vegan-burger maker Impossible Foods Inc. has been seeking more than $10 billion in valuation in US public market listing

Trafigura’s Nala, Buckeye JV acquires majority stakes in Boston’s Swift Current

09-04-2021
Later this week, a joint venture of the Singaporean commodity trader Trafigura subsidiary Nala alongside its JV partner Buckeye, had purchased a controlling stake in a major US renewable firm, Swift Current

Irving oil giant Exxon mulls sale of elastic polymer business in $800 million deal

09-04-2021
American multinational oil and natgas giant ExxonMobil has been exploring a potential sale of its elastic polymer business (AES) in a deal that would value the unit at roughly $800 million including debts

California’s Uber, Lyft dangle higher incentive to lure away drivers as demands surge

08-04-2021
Ride-sharing pioneer Uber Technologies Inc. alongside its smaller rival Lyft Inc., offered higher incentives on Wednesday adding that their drivers were earning 25 per cent to 75 per cent more than they had been earning in a pre-pandemic era

Palo Alto gaming firm AppLovin targets $30 billion valuation in US IPO

08-04-2021
California-based gamemaker AppLovin said in a statement on Wednesday that the KKR-backed company was seeking a $30 billion valuation in US IPO

Michigan’s General Motors to start making Silverado e-pickups in Detroit on late-2022

07-04-2021
General Motor Co. has been exploring an option to start manufacturing Silverado electric pickups at its Detroit factory later next year

Luxembourg private equity CVC to take Toshiba private at $20 billion takeover deal

07-04-2021
Luxembourg-based private equity firm CVC Capital has been mulling a potential $20 billion deal to take Japanese industrial conglomerate Toshiba Corp. private

Seattle retailer Amazon’s Bezos, Musk top Forbes’ record-setting billionaires list

07-04-2021
Late on Tuesday, a Forbes Magazine report unwrapped that Amazon.com Inc. Chief Jeff Bezos had topped in the Magazine's annual world's billionaires list this year

New York media conglomerate ViacomCBS buys Chilevision from WarnerMedia in LATAM push

06-04-2021
On Monday, ViacomCBS said in a statement that it had purchased LATAM broadcaster Chilevision from WarnerMedia as part of a broad-based move to expand across Latin America

US Supreme Court favours Google over Oracle in major copyright case on Android OS

06-04-2021
On Monday, US Supreme Court had ruled in favour of Google LLC., putting an end to a decade-long legal debate on whether Google's use of Oracle's Java code in Android OS had violated US Federal Copyright law

Florida car rental Hertz mulls Chap. 11 exit backed by Centrebridge, Warburg, Dundon

05-04-2021
Florida-based car rental Hertz contemplates an exit from Chapter 11 bankruptcy following a financing proposal from private equity funds such as Centerbridge, Warburg Pincus and Dundon

Menlo Park’s Facebook hackers offer details of 500 million users virtually for free

05-04-2021
A leaker, who claims to have at least 500 million Facebook users' data including physical address and phone number, had tried to sell off private details of some Facebook users for a few euros worth of digital coins

Paris, Brussels agree on Air France-KLM refinancing, says Bruno Le Maire

05-04-2021
On Sunday, speaking in an interview with LCI TV, French Finance Minister Bruno Le Maire said that the French Government and EU Commission had reached an accord over a refinancing deal to flesh up Air France-KLM's balance sheet

Washington, Tokyo aim chip supply chain deal with PM Suga’s visit

05-04-2021
The United States and Japan, the world's first- and third-largest economies respectively, have been eyeing a potential chip supply chain deal when the leaders of both countries would meet later this month

Los Angeles’ Tencent studio under construction as Timi shelves $10bn revenues in '20

04-04-2021
Chinese tech tycoon Tencent's gaming studio Timi had generated an annual revenue of as many as $10 billion last year

Paris' Dassault Aviation, Airbus reach tentative deal on European FCAS fighter jets

04-04-2021
Airbus SE, the world's No. 1 planemaker, reached a tentative accord with its industrial partner Dassault Aviation on Europe's FCAS (Future Combat Air System) fighter jets program

Irving’s Pioneer snaps up $6.4bn cash-and-stock buyout deal for rival DoublePoint

04-04-2021
Later this week, Irving-based US shale giant Pioneer Natural Resources had agreed to a takeover of its smaller rival DoublePoint at a $6.4 billion cash-and-stock acquisition deal

Palo Alto’s Tesla reports record-breaking first-quarter deliveries, beats expectation

03-04-2021
On Friday, Tesla Inc., the largest automaker across the world by market valuation, had reported record-breaking first-quarter deliveries

Detroit’s GM, Japan’s Nissan beat quarterly sales estimate amid chip shortage

02-04-2021
On Thursday, leading global automakers such as Detroit's GM and Japan's Nissan had reported a rise in US auto sales over fiscal first quarter of 2021

London's fintech start-up Wise mulls LSE IPO on May at $6-$7 billion valuation

02-04-2021
London-based British fintech banking start-up Wise has been mulling a London Stock Exchange IPO (Initial Public Offering) as early as by May this year

Redmond’s Microsoft wins $22bn US Army contract to supply augmented reality headsets

01-04-2021
Microsoft said in a statement on Wednesday that the tech conglomerate had won a lucrative US Army contract to supply augmented reality headsets based on its Azure cloud computing platform

Chilean regulators approve $3bn Chinese takeover of Naturgy unit

01-04-2021
On Wednesday, Chilean anti-trust regulator had approved a $3 billion takeover of Spanish energy firm Naturgy's Chilean unit by China's state-owned electric corporation, State Grid

Biden unwraps $2 trillion-plus ‘once-in-a-generation’ investment proposal

01-04-2021
On Wednesday, US President Joe Biden had unveiled a jawdropping $2 trillion-plus infrastructure investment proposal

Tech stocks lift S&P 500, Nasdaq as indexes clock quarterly gains

01-04-2021
On Wednesday, tech-associated growth stocks rallied ahead of Biden's $2 trillion investment proposal as S&P 500 gained and Nasdaq ended sharply higher