Fisker Files for Bankruptcy as Negotiations With Major Carmaker Come to Close

Fisker filed for bankruptcy after purchase talks with a multinational automaker failed.

Hyundai Set to Offer 142 Million Shares for India IPO: Report

Hyundai intends to sell 142.2 million shares in an IPO for its Indian subsidiary...

China's Li Visits NZ to Strengthen Business, Trade Ties

Chinese Premier Li Qiang is in New Zealand for a three-day trip aimed at strengthening business and trade ties between the two countries...

Amazon and Vrio to Challenge Starlink with Satellite Internet Launch in South America by 2025

Amazon and Vrio plan to deploy 3,236 low Earth orbit satellites to provide broadband internet to South American countries, directly competing with Elon Musk's Starlink...

Latest News

FTC Set to Approve Major Exxon Mobil Deal With Pioneer But With Board Twist
Three sources say Exxon Mobil will ban an oil executive involved in a price-fixing case from joining its board after buying Pioneer Resources.
South Korea-AUKUS Defense Tech Collaboration Could Happen; Seoul's Defense Officials Now Discussing Plan
The South Korea-AUKUS defense tech collaboration could soon happen. Here's what this means.
Microsoft's Investment in OpenAI Was Sparked by Fears of Google's AI Dominance: Report
Microsoft's decision to invest in OpenAI stemmed from concerns about lagging behind Google in AI capabilities
IBM's Acquisition of HashiCorp for $6.4 Billion Confirmed, Aimed at Strengthening Cloud Capabilities
This acquisition is intended to enhance IBM's expertise in cloud-based solutions, especially as the demand for AI-driven technologies continues to grow rapidly.
Nvidia Now Acquiring Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition.
Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
Kroger and Albertsons announced a divestment deal to sell more shops to C&S Wholesale Grocers to get government permission for a merger.
JD Sports to Acquire US Retailer Hibbett for $1.08 Billion Amid Expansion
JD Sports, the UK's largest sportswear retailer, plans to buy Hibbett shares at $87.50 each in cash.
FTC Sues to Block $8.5 Billion Merger of Coach and Michael Kors Handbag Makers
The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.
FTC Sues to Block Tapestry's $8.5 Billion Takeover of Capri Holdings in Massive Luxury Fashion Merge
The Federal Trade Commission filed a lawsuit on Monday to halt Tapestry Inc.'s $8.5 billion acquisition of Capri Holdings, which would unite the Coach, Kate Spade, and Michael Kors brands.
Clothing Retailer Express to Shutter Over 100 Outlets as It Declares Bankruptcy
US multi-brand clothes retailer Express Inc. filed for Chapter 11 bankruptcy and will close over 100 stores.
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