J-Lo’s NuvoTV inks deal with Fuse TV
According to sources who asked not to be named, J-Lo’s NuvoTV has inked a deal with Fuse TV, allowing the channel to reach more viewers, reported Bloomberg.
Corporations
UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire
Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.
Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud
Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams...
Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media
Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group...
Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days
Trump Media shares closed almost 26% higher on Thursday...
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to...
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company tha...
Latest News
Germany's E.ON hires Citi to advise on asset sale
Germany's E.ON hired Citi to advise a sale of its assets in Spain, said sources familiar with the matter who told Reuters.
Billionaire Henry Sy to expand shopping centers in China
Billionaire and shopping mall mogul Henry Sy would expand his foothold in China with new shopping malls in Yangzhou and Changzhou, reported Bloomberg.
PwC purchases Booz & Company
PricewaterhouseCoopers has announced its acquisition of Booz & Company without disclosing financial terms of the deal, reported Ventures Africa.
Brookstone Inc. files Chapter 11 bankruptcy protection
Brookstone Inc. filed with US regulators in Delaware Chapter 11 bankruptcy protection to be able to push through a deal with Spencer Spirit Holdings Inc.
Investments surged in Nigeria's sugar industry
The sugar industry of Nigeria would be expecting a lot of hefty investments from key players in the market following the increase of demand for sugar, reported Ventures Africa.
Osborne: No government interferance on Lloyds' branches sale
Finance Minister George Osborne made it clear that the government did not interfere with the sale of Lloyds branches to Co-op Bank, reported Reuters.
Alibaba Group founder Jack Ma invests CNY3.3 billion in financial software firm
Jack Ma, Alibaba Group Holdings founder, invested CNY3.3 billion in Hundsun Technologies Inc. for a controlling stake in the company, reported Reuters.
Sources: Sinopec to sell 30% of its stake in retail assets, hires Goldman Sachs
The biggest refiner in Asia, Sinopec would sell 30% of its shares in its retail assets said sources familiar with the matter but asked not to be named as the talks were held private, reported Bloomber
Family Mart Co Ltd to exit South Korean market through IPO
Family Mart Co Ltd has planned to leave the South Korean market through an initial public offering, said a report from Reuters.
