Aldi to Add 800 Discount Grocery Stores Across US in the Next 5 Years
Aldi has announced a five-year expansion plan that will see the opening of 800 more of its discount supermarket stores across the US.
Deals
Taylor Swift-Approved Bag Brand Aupen Receives Investment Interest From Major Fashion Conglomerates
Celebrated Singapore-based bag brand Aupen, endorsed by celebrities like Taylor Swift, attracts investor interest from major European fashion conglomerates, H&M Group and Prada Group.
Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group...
Uber to Acquire Foodpanda’s Taiwan Operations for Whopping $950 Million Cash
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero...
Red Lobster Abruptly Closes at Least 48 Restaurants in US Amid Bankruptcy Reports
Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction...
Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe whi...
Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger
Chuck Schumer's call to action is based on his concern that such merge...
Latest News
Hertz Partners With Stripe for Seamless Payment Processing Globally
Hertz has partnered with Stripe to process worldwide payments for car rentals, ensuring a consistent payment experience across 3,000 Hertz establishments worldwide.
Amazon and Huawei Settle Legal Disputes by Signing a Global Patent Agreement
Huawei also has similar agreements with Vivo, Xiaomi, and Oppo, allowing innovation and enabling the development of new products and services without the fear of patent infringement litigation.
London Southend Airport Acquired by US Firm Carlyle in Settlement Deal
US private equity giant Carlyle will buy Southend Airport after a debt settlement.
Accenture to Acquire EdTech Startup Udacity to Build Its Own Learning Platform Focused on AI
Accenture has announced its plan to acquire the EdTech startup Udacity.
Grayscale Launches Innovative Crypto Staking Fund: A Game-Changer in Cryptocurrency Income Generation
Grayscale introduces the Grayscale Dynamic Income Fund, which will integrate assets from nine blockchains and award US dollars every three months.
France Urges EU To Finance New Defense Strategy Amid Struggles Brought By Russia-Ukraine Conflict
France, Poland, and Estonia are calling on the European Union to secure funding for defense programs in response to vulnerabilities exposed in the EU's defense capabilities during the Russia-Ukraine w
Low-cost Air Carriers JetBlue, Spirit Airlines Terminate $3.8 Billion Merger Amid Anti-Competition Concerns
JetBlue and Spirit Airlines end the $3.8 billion merger due to regulatory concerns, facing challenges.
Macy’s Buyout: New Takeover Bid by Arkhouse, Brigade Reaches $6.6 Billion After Initial Rejection
At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.
IOTA Foundation's $10 Million Investment Drive: Fueling Digital Trade and Tokenization
The IOTA foundation is investing $10 million in early-stage startups focusing on digital trade and tokenization of real-world assets, fostering innovation within the IOTA ecosystem.
