Grayscale introduces the Grayscale Dynamic Income Fund, which will integrate assets from nine blockchains and award US dollars every three months.
Deals
India And European Free Trade Association Seals $100 Billion Trade Alliance For Mutual Prosperity
The $100 billion free trade agreement will boost exports, investments, and job creation while removing most import tariffs on industrial products from the bloc.
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.
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.
Latest News
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 war.
JetBlue and Spirit Airlines end the $3.8 billion merger due to regulatory concerns, facing challenges.
At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.
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.
Denver-based TRVE Brewing has announced the closure of its Acid Temple facility amid industry challenges post-COVID-19 pandemic.
Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026.
The US Federal Trade Commission (FTC) sued Kroger and Albertsons to stop their $25 billion merger. The Federal Trade Commission (FTC) of the United States has filed a lawsuit against Kroger and Albertsons, seeking to halt their $25 billion merger.
MWC 2024: Hewlett Packard Enterprise, Juniper Networks CEOs Discuss $14 Billion Merger Deal Benefits
The Hewlett Packard Enterprise (HPE) is set to acquire Juniper Networks in a $14 billion deal. The chiefs of Hewlett Packard Enterprise (HPE) and Juniper Networks have discussed the expected benefits for mobile operators from a proposed $14 billion deal to merge the two companies during their keynote session at the Mobile World Congress (MWC) 2024 in Barcelona, Spain.
Shein is reportedly looking into switching its initial public offering (IPO) from New York to London due to possible issues with a listing in the United States.
