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,…
Browsing: #BUSINESS
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%,…
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…
Legal experts suggest Apple might benefit now that Alphabet’s Google lost its antitrust case, potentially aiding Apple’s own defense.A federal judge largely supported antitrust enforcers against…
Intel announced a 15% workforce reduction, around 17,500 jobs, and will suspend dividends starting Q4 to focus on manufacturing.It also projects Q3 revenue below estimates due…
Toyota’s global production fell in June, marking the fifth consecutive month due to a home market scandal and China’s price war.Japan’s top automaker’s global output fell…
Video game voice actors and motion-capture performers have called for a walkout due to failed labor contract discussions. This latest Hollywood work stoppage centers around demands…
According to a report published on Friday in the Nikkei business daily, Toyota Motor of Japan intends to construct an electric vehicle battery plant in the…