Australian Government Approves ANZ's Acquisition of Suncorp Bank

Australian Government Approves ANZ's Acquisition of Suncorp Bank

The Australian government announced that it has approved the request of ANZ to acquire the banking business of Suncorp for $3.26 billion.


Boeing Makes $35-Per-Share Bid to Acquire Spirit AeroSystems: Report

Boeing is reportedly offering $35 per share to purchase Spirit AeroSystems, funded mostly with stock.

Volkswagen Reveals $5 Billion Investment, Partnership with EV Maker Rivian

German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.

OpenAI Buys Rockset, Integrates Team and Tech to Improve Enterprise Data Accessibility

OpenAI is acquiring the enterprise analytics start-up Rockset, integrating its technology and team to enhance data usability and enable developers to build more intelligent applications.


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Shares of Australian-Mexican Food Chain Guzman y Gomez Soar North of 30% in Trading Debut
Australian Mexican restaurant chain Guzman y Gomez went public on June 20, 2024 at the Australian Stock Exchange and traded over 30% north of its IPO of A$22 ($14.67) per share.
France Leads in Generative AI Funding Race in Europe
France is leading in the generative AI funding race in Europe, according to a new report. France is leading in the generative AI funding race in Europe, according to a new report by venture capital firm Accel and analysts at Dealroom.
Rite Aid
Rite Aid is closing more than 20 US stores, according to court documents filed this week in its federal bankruptcy case.
Fisker
Fisker filed for bankruptcy after purchase talks with a multinational automaker failed. A logo sits illuminated outside the Fisker booth at the SK telecom booth on day 1 of the GSMA Mobile World Congress on February 28, 2022 in Barcelona, Spain.
hyundai
Hyundai intends to sell 142.2 million shares in an IPO for its Indian subsidiary. The Hyundai logo is displayed at the New York International Auto Show, March 28, 2018 at the Jacob K.
China's Li Visits NZ to Strengthen Business, Trade Ties
Chinese Premier Li Qiang is in New Zealand for a three-day trip aimed at strengthening business and trade ties between the two countries.
Amazon and Vrio to Challenge Starlink with Satellite Internet Launch in South America by 2025
Amazon and Vrio plan to deploy 3,236 low Earth orbit satellites to provide broadband internet to South American countries, directly competing with Elon Musk's Starlink.
chatgpt
Oracle is helping OpenAI and Microsoft to boost ChatGPT's processing capability. This photograph taken in Mulhouse, eastern France on October 19, 2023, shows the ChatGPT logo reflected in mirrors.
TikTok Shop-Tokopedia Merger Could Leave Thousands of Employees Jobless; Almost 500 Already Terminated
The TikTok Shop-Tokopedia merger in Indonesia could leave thousands of employees jobless. ByteDance has already begun terminating hundreds of staff.
PH Telco Giant PLDT Aims To Sell Almost 50% of Its Stake; $1 Billion Deal Now Being Finalized
A Philippine telco giant is planning to sell almost 50% of its business. It's now finalizing a $1 billion deal with a foreign entity.
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