Social media giant Facebook has decided to purchase Confirm Inc., a Boston based software firm with expertise in verifying I-cards issued by the government authorities. Sources claim that FB’s strategic decision ...
Read MoreThe Singapore based eCommerce logistics startup, Parcel Perform has reportedly raised around USD 1.1 million through seed funding. As per reliable sources, the funds were collected from Wavemaker Partners and the South...
Read MoreThe National Investment & Infrastructure Fund Limited of India and DP World Limited, a global marine & inland terminal operator headquartered in Dubai, have reportedly decided to invest funds worth USD 3 billio...
Read MoreMalaysia’s foremost sovereign wealth investment firm, Permodalan Nasional Berhad (PNB) along with Employee Provident Fund (EPF) organization of the country are reportedly set to buy out Battersea Power Station fo...
Read MoreThe globally reputed automotive giant, Rolls-Royce has reportedly declared that it plans to sell its commercial marine business unit, which the firm claims to have been affected severely due to its lower demand across ...
Read MoreFerrero SpA, one of the world’s biggest chocolate manufacturing and confectionery firm, is planning to buy Nestle’s U.S. confectionery business for USD 2.8 billion. With the former already having signed two...
Read MoreThe Ford Motor Company, a U.S. based automotive giant, is anticipated to invest USD 11 billion in the electric vehicle sector by 2022. As per reports, the estimated figure is bigger than its previously declared capital...
Read MoreMOL AccessPortal Sdn. Bhd., which creates and operates an online micropayment system, enabling users to purchase products & services digitally, is planning to increase the scope of its mobile wallet application One...
Read MoreIn what may be touted as a major jolt to Huawei Technologies’ aim of expanding its smartphone business across the U.S., the agreement between the firm and AT&T Incorporation to sell the former’s smartph...
Read MoreIn a breakthrough witnessed across the cryptocurrency market, the value of digital currencies declined considerably yesterday with Ripple and Bitcoin taking the lead. As per authentic sources, the shares of former trad...
Read MoreIn what may be touted as a major boost to the NZ automobile industry, Automotive Holdings Group (AHG), an Australian based firm involved in the auto retail business, has purchased two car dealerships in Auckland for US...
Read MoreIconic Australian surf brand, Billabong International Limited, this Thursday, has made it to the headlines with its announcement of entering into an agreement with Boardriders, in a bid to sell the company for almost U...
Read MorePetróleo Brasileiro SA, a Brazil based firm in the petroleum business, has announced that it will pay USD 2.95 billion to the U.S investors who had lost their currency owing to the eruption of corruption scandal...
Read MoreIn a key breakthrough witnessed across the consumer electronics industry, Roku Incorporation has stated that it plans to develop its own voice assistant and make it available to Roku TV owners free of cost. Major offic...
Read MoreIn a bid to establish a strong presence in Australia, GFG alliance, the British conglomerate, apparently, is in talks to acquire to Glencore Plc’s Tahmoor coal mine located in New South Wales. As reported, the la...
Read MoreOppo Electronics Corporation, a China based consumer electronics firm and a key player across China smartphone industry, is reportedly on the verge of selling SIM-free mobile handsets in Japan. As per reliable sources,...
Read MoreCairn India Holdings Ltd, which is an arm of the mining and metal firm Vedanta Resources Plc., has reportedly acquired a 51% stake in the Japanese liquid crystal display glass substrate manufacturer company, AvanStrate...
Read MoreStatoil ASA, the reputed Norway-based oil & gas firm, has submitted a proposal to acquire a 760 MW offshore wind project in the North Sea area of The Hollandse Kust Zuid Wind Farm in Netherlands. According to relia...
Read MoreAscential, a UK based B2B media and information services firm, has acquired Clavis Insight, an eCommerce analytics firm headquartered at Dublin in Ireland, for nearly USD 219 million. As per reliable sources, in 2018, ...
Read MoreMyntra, an Indian fashion eCommerce firm, is apparently aiming toward transforming its AI technology platform into a massive business that may churn out revenues in billions. According to experts, Rapid technology, Myn...
Read MoreOne of the leading green energy companies based in China, Datong has decided to invest 2.3 billion Yuan to construct new solar power plant across seven fishery zones in the Tainan region after the capital rise in the s...
Read MoreThe leading Chinese ride-sharing company and a major provider of transportation services across China, Didi Chuxing has apparently received a huge chunk of funding from its investors. For the record, the firm has raise...
Read MoreBMW Group, a reputed firm across the automotive sector, and Solid Power, a key manufacturer of new solid state rechargeable batteries, have entered a strategic collaboration for developing & promoting the use of So...
Read MoreTencent, China’s $500 billion social media giant along with its e-commerce partner JD.com, has agreed to invest $863 million in the Chinese online fashion retailer Vipshop, a move that is speculated to be a part ...
Read MoreIn what stands to be a significant solar partnership, UK oil and gas giant, British Petroleum, has recently announced that it would buy 43% stake in solar energy firm Lightsources for a total of USD 200 million. If sou...
Read MoreExxonMobil, a U.S. based oil & gas corporation, has officially declared its plan to frequently publish information with regards to how climatic changes can impact its business and what policies the company would be...
Read MoreThe Labor Opposition in Australia has unveiled its plans to invest nearly USD 53 million for conducting more clinical trials on PrEP, an effective medicine endowed with the ability to prevent HIV contraction. According...
Read MoreCleanaway, a leading player across waste management and recycling industry, has reportedly struck a million-dollar agreement to buy its minority rival Tox Free Solutions. According to reports, Cleanaway is expected to ...
Read MoreThe China Energy Reserve and Chemical Group (CERCG) has apparently placed a second higher bid for AWE, traversing further than its initial offer. The revised bid of USD 463 million is pitched with a 2¢ hike on its...
Read MoreOG Oil & Gas, an oil & gas division of Ofer Global, has apparently prolonged its partial acquisition bid of New Zealand Oil & Gas (NZOG) firm yet again, stating that the deal requires more time to secure ap...
Read MoreIn what seems to be an endless legal dispute between Nokia and Blackberry, that has been hitting the headlines since February this year, the latter has now been pulled up by the International Court of Arbitration by or...
Read MoreCessna, a U.S. based airplane manufacturing firm and a subsidiary of Textron, has divulged a new design referred as Sky Courier for miniature freighter & passenger airplanes. According to authentic sources, FedEx C...
Read MoreIn what may seem to be a major event witnessed across the car sharing sector, the Tel Aviv Court in Israel has issued a verdict banning Uber services in Israel, citing the reason that the company was providing the serv...
Read MoreThis Thursday, Canada’s LNG export market has apparently reached a new milestone with the news of its first shipment of 950 GJ of liquified natural gas to China. Reportedly, for the project, FortisBC’...
Read MoreRenowned American tech conglomerate, Apple Incorporation has purchased the startup firm Vrvana, manufacturer of Totem headsets, for a valuation of USD 30 million. The buyout was apparently aimed at the expansion of the...
Read MoreIn its relentless efforts to expand its footprint in the brick and mortar retail space, Alibaba Group Holding Limited has now acquired more than one-third of Sun Art Retail Group, regarded as China’s largest hype...
Read MoreIn what may be touted as an attempt to prioritize on faster growing business verticals, Nestle, the food and beverage giant has apparently declared its decision to reorganize its infant-nutrition division, especially a...
Read MoreTesco’s takeover of Booker, the food wholesale operator, in a bid worth USD 4.9 billion, has been provisionally cleared by the UK competition watchdog, this Thursday. Reportedly, an in-depth investigation has bee...
Read MoreAmazon Web Services (AWS) is apparently selling a part of its cloud business to the Chinese firm Beijing Sinnet Technology for a valuation of around USD 301 million. The decision was taken in the wake of the strict imp...
Read MoreBill Gates’s Cascade Investment LLC, has apparently decided to acquire nearly 25,000 acres of land located in the remote area of Tonopah in Arizona for USD 80 million to build a smart city for the future. The pro...
Read MoreRenowned U.S. based chip maker Qualcomm has reportedly signed an agreement worth around USD 12 billion with three prominent Chinese smartphone makers, namely Oppo, Vivo, and Xiaomi. Under this agreement, Qualcomm has a...
Read MoreBCE Inc., the telecom behemoth, is apparently pushing its connected home business portfolio with the acquisition of AlarmForce, the Canada based home security and home automation giant for a valuation worth USD 166 mil...
Read MoreThe leading American automaker, Tesla, Inc., has reportedly, confirmed the acquisition of Perbix, the automated machine maker, in a bid to ramp up the production of its new model. Experts claim that the deal stands on ...
Read MoreThe renowned Middle East airline, Qatar Airways, has recently announced its plans to buy a 9.6% stake in Cathay Pacific. Reportedly, the Doha based airline will complete the deal by buying Cathay’s stake from Hon...
Read MoreThe California based tech conglomerate, Cisco, has reportedly launched the world’s first enterprise-ready AI-powered voice assistant for meetings – the Cisco Spark™ Assistant. The inaugural product, s...
Read MoreRoyal Dutch Shell has finalized a total of up to USD 3.8 billion sale of a package of its North Sea assets to Chrysaor. Reportedly, the sale includes an initial consideration of USD 3 billion upfront with a further pay...
Read MoreThe world’s renowned commodities trader, Glencore Plc is likely to undergo an inspection for its business expansion in the Democratic Republic of Congo, on the grounds of confidential information leakage, cite re...
Read MoreGeneral Motors Co has reportedly agreed to pay USD 13.9 million to settle a lawsuit brought forth by the Orange County, California, which accused the auto giant for hiding safety defects in millions of its vehicles. The ...
Read MoreUber has scarcely announced one of its most lucrative partnerships ever – the ride-hailing company has collaborated with Visa and Barclays to introduce a new credit card for its customers at the Money2020 confere...
Read MoreReputed tech giant, Apple Incorporation has announced the acquisition of PowerbyProxi, a New Zealand based firm providing wireless power transfer & charging services for its end users, with a view of introducing wi...
Read MoreGlaxoSmithKline (GSK) PLC, the British pharma giant, has apparently received the awaited green signal from the U.S. Food and Drug Administration for its new and enhanced shingles vaccine. As per reports, the Brentford-...
Read MoreEmbattled commodity trader, Noble Group has recently agreed to sell its U.S. based oil business to Vitol in a bid to pare down debt, amidst speculations of former having faced a major blow in the third quarter. Reporte...
Read MoreRoyal Dutch Shell Plc, an oil & gas behemoth, has announced its decision to acquire NewMotion, one of the leading players across Europe electric vehicle charging market to expand its service offering. The acquisiti...
Read MoreThe High Authority of Health (HAS) has approved a rather effective and improved vaccine against the infection with human papillomavirus (HPV) in the France market, called Gardasil 9. The vaccine may, in all probability...
Read MoreGlobally acclaimed American pharma giant, Pfizer Inc., has made it to the front page for its speculation over offsetting its consumer healthcare business. The New York headquartered pharmaceutical industry player has c...
Read MoreSaudi Aramco is on the verge of expanding its oil venture in India with the official launch of its recent unit near Delhi, as the global oil exporter seeks to tap opportunities in one of the world’s largest energ...
Read MoreJapan-based Softbank Group Corporation, one of most renowned internet & telecommunications industry giant, has been planning to bankroll nearly USD 1.3 billion in Uber, the most acclaimed ride-sharing multinational...
Read MoreMetro Incorporation, a leading Canadian player across food & pharmaceutical industry, has offered USD 4.5 billion to acquire Jean Coutu Group Incorporation, a pivotal participant in Canada pharmaceutical industry. ...
Read MoreAmidst the strategic shift to reorient itself toward electric vehicles, Volkswagen, the renowned German carmaker is securing long-term contracts for supplies of cobalt. The company has asked reputed cobalt producers to...
Read MoreAcclaimed automaker General Motors has made it to the front page for its announcement of making a substantial investment in wind power. The company’s declaration comes on the heels of its yesteryear disclosure of...
Read MoreRenowned European dairy behemoth, Arla, has announced its decision of expanding its footprints in the Sub-Saharan African belt, by means of establishing a new sales and packaging facility in the Republic of Ghana. This...
Read MoreOf late, the online retail industry giants are under constant limelight as they are moving forward to keep pace in the race for online retail and e-commerce. Walmart is already seen pushing itself and taking steps to c...
Read MoreAnatara Lifesciences Ltd. Has recently announced a partnership with global animal health company Zoetis to commercialize the development, distribution, and marketing of Detach®. This strategic collaboration between...
Read MoreAt the recently held Detroit Auto Show, the German automaker Volkswagen revealed its concept car named as I.D. Buzz. VW had gone into explicit lengths to justify the name of the car – apparently, Buzz stands for ...
Read MoreIndia seems to have emerged as the latest destination for industry giants to set their eyes on, with respect to geographical expansion plans. In accordance with the same, eminent German automaker Volkswagen has decided...
Read MoreGlobal retail behemoth, Amazon Inc., has been debating about penetrating U.S. ticketing industry, and reportedly, has been looking out to join forces with prominent venue owners in the United States to sell event ticke...
Read MoreReputed online retailer Fanatics has been fortunate enough to have its name enlisted among the latest companies to receive funding from SoftBank. As per reliable sources, Softbank has made a massive investment of USD 1...
Read MoreIn a bid to respond to the communication demand of myriad small and medium scale business enterprises across China, e-commerce giant Alibaba Group, is ready to bet big in the nation’s telecom space. Though ...
Read MoreAstraZeneca and Merck have jointly entered into a strategic oncology collaboration with an aim to collectively develop and commercialize AstraZeneca’s Lynparza oral poly ADP ribose polymerase (PARP) inhibitor for...
Read MoreCott Beverages, which is one of the world’s largest producers of beverages, has apparently sold its soft drink business to Netherlands-based drinks bottler Refresco, for a staggering USD 1.25 billion. This deal i...
Read MoreHaving sustained for almost two decades in the online retail space, the contribution of the multibillion dollar behemoth, Amazon, has been magnificent in the e-commerce industry. Anticipating the same success as their ...
Read MoreTwo of China’s biggest technology firms, Baidu and JD.com have recently lined up with other major Chinese companies including Tencent and Alibaba, for jointly investing USD 12 billion in the state-owned company -...
Read MoreReputed Belgium-based biotechnology giant Ablynx has entered into a strategic partnership with French pharma group Sanofi to develop nanobody based drugs that are principally manufactured to diagnose immune-mediated in...
Read MoreThe latest word on the street is that of Unilever and Hormel Foods Corp., engaged in a relentless tug of war to acquire the food business of British conglomerate, the Reckitt Benckiser Group. Casting aside any semblanc...
Read MoreGeneral Motors, one of the top automotive giants across the globe, has recently announced the testing schedule of its car-sharing operation, Maven, in Australia. Maven’s testing, as reported by authorities, is sl...
Read MoreIn what seems to be one of the most monumental deals of recent times, world-renowned ride hailing behemoth Uber has joined hands with Russian tech titan, Yandex, to lay the foundation of a new yet-to-be-titled venture ...
Read MoreToyota, the well-established automotive behemoth, has officially laid the foundation to launch Toyota AI Ventures, a subsidiary that has been formed to exclusively cater to startup technology firms which center their r...
Read MoreAstraZeneca, the reputed Anglo-Swedish pharma company, has recently announced an investment of USD 100 million for expanding its facility in Sydney, with a view to combat the rising demand for a particular asthma medic...
Read MoreWell-known technology start-up involved in the production of intelligent vehicles has put a temporary veil on the construction of its manufacturing plant in Nevada worth USD 1 billion. Reports state that the unfortunat...
Read MoreFrance has decided to banish the production and sale of cars that run on diesel and gasoline, by the end of 2040. Reportedly, this is one of the key steps taken by this developed economy for curbing greenhouse gas emis...
Read MoreIn a bid to hone its artificial lift business, Houston-based oilfield services giant, Halliburton Co. has recently announced that it plans to acquire Summit ESP Inc., the renowned American oilfield equipment provider h...
Read MorePfizer’s exit from the Brazil pharma business sphere is seemingly reminiscent of the end of an era. As per reliable news reports, Pfizer’s 40% stake sale has stemmed from the company’s inability to fi...
Read MoreGeneral Electric’s procurement of Baker Hughes, one of the largest oilfield services company, is lucidly a coup for General Electric, making it the second largest oilfield service provider company following Schlu...
Read MoreSamsung Electronics, a multinational electronics corporation based in South Korea, has decided to make extensively huge investments in South Korea. The move, which is a part of the firm’s corporate social respons...
Read MoreAlibaba is likely to launch its own voice assistant, thereby strengthening its already fierce competition with Amazon, the universally acclaimed retail behemoth. Amazon’s Alexa, the prestigious voice assistant, e...
Read MoreThe e-commerce industry witnessed another coup with the collaboration of Nike and Amazon that will enable the former to sell its product directly through the online retail giant. Once dubbed as ‘retail rivals&rsq...
Read MoreThis Wednesday encountered one of the biggest pacts of 2017 in the retail space with Sycamore announcing the acquisition of Staples, the U.S. office supplies chain for a valuation of USD 6.9 billion. Sycamore would pay...
Read MoreNestle S.A., the renowned Swiss based multinational food & drink organization, is expected to sell its stake in L’Oréal back to the French cosmetics firm. The speculation has come into being after Dani...
Read MoreWaymo, the self-driving car division of Alphabet, Inc., Google’s parent company, has signed a multi-year deal with Avis Budget Group, following which the car rental firm would provide maintenance services to Waym...
Read MoreProterra, the America based giant, renowned for manufacturing heavy-duty composite-bodied electric buses, has received funds of USD 55 million in a Series 6 funding rounds, cumulatively from BMW i Ventures and AI...
Read MoreEQT Corp. has announced that it intends to buy Rice Energy for a valuation of USD 6.7 billion and is set to combine two of the three biggest shale producers in southwestern Pennsylvania. This acquisition will expand th...
Read MoreTeladoc has entered into a definitive agreement to buy Best Doctors - a leading medical consultation company. As a part of the agreement, Teladoc is set to purchase Best Doctors for USD 65 million in stock and USD 375 ...
Read MoreJohnson & Johnson, the renowned participant of global pharmaceutical industry, declared that its acquisition deal worth USD 30 billion, with Actelion Limited, a Swiss-based biopharmaceutical major, has been sanctio...
Read MoreRenowned pharmaceutical market player, Merck Group, headquartered in Darmstadt, Germany, has recently collaborated with F-Star, a UK-based biotechnology firm that develops immuno-oncology bispecific antibody therapeuti...
Read MoreHuntsman Corporation, renowned specialty chemicals firm, and Clariant AG, global leader in oil field specialty chemicals market, will reportedly merge to form a new entity called HuntsmanClariant, with a deal valuation...
Read MoreNovo Nordisk, reputed player in global pharmaceutical market, is reportedly eager to expand its business in Latin America. The Danish healthcare company headquartered in Bagsværd, Denmark aims to explore new grow...
Read MoreBoeing, America’s multinational aircraft conglomerate, has reportedly signed numerous deals with global oil supplier and distributer, Saudi Arabia. The deals encompass everything from defense to commerce, and hav...
Read MoreAstraZeneca, a leading research-based bio-pharmaceutical company is on the verge of a breast cancer drug breakthrough, as per reliable reports. This pharma giant revealed promising trail results for the treatment of pa...
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