Walmart is now unloading its $3.74 billion stake in JD.com, once key to its China strategy, highlighting its shifting approach.The unshackling from JD.com highlights the retailer’s…
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As we celebrate the European Mobility Week from 16-22 September, it is the perfect time to explore the role of the 30th ITS World Congress 2024…
Nestled within the expanse of the Arabian Desert, Dubai emerges as a city that transcends expectations. With its awe-inspiring skyline and futuristic architecture, it stands as…
AMD announced plans to acquire ZT Systems for $4.9 billion to expand its AI chips portfolio and compete with Nvidia.AMD plans to fund 75% of the…
Texas Instruments announced Friday it will receive up to $1.6 billion from the U.S. Commerce Department for new chip facilities.The U.S. CHIPS and Science Act funding…
Britain’s Revolut, valued at $45 billion through a share sale, surpasses some of Europe’s largest banks, the firm announced Friday.Revolut stated that Coatue, D1 Capital Partners,…
Mars is acquiring Cheez-It maker Kellanova for $36 billion, uniting brands like M&M’s, Snickers, Pringles, and Pop-Tarts.Mars will pay $83.50 per Kellanova share, a 33% premium…
Apple supplier Foxconn exceeded expectations with a 6% profit rise, driven by AI server demand, affirming strong full-year growth.The world’s largest electronics maker anticipates strong AI…
Asian stocks fluctuated Thursday, while yen and U.S. bonds tried rebounding, as global investors navigated a volatile market week.Japan’s Nikkei swung from -2.5% to +0.8%, finally…
Siemens’ supervisory board plans to accelerate its tech transition by expanding the management board from five to seven members.Siemens announced Peter Koerte and Veronika Bienert will…