Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord

Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.


Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy

Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt...

Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces

Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles...

Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks

Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress...


Latest News

The Body Shop Ceases US Operations, Plans to Close Dozens of Stores in UK and Canada Amid Deepening Financial Woes
The Body Shop has ceased operations in the US and is closing dozens of stores in Canada and the UK amid deepening financial troubles.
Former Activision CEO Bobby Kotick Eyes TikTok Acquisition Amid ByteDance Inquiry
Bobby Kotick, former Activision CEO, seeks to acquire TikTok amid US government inquiry and concerns over data exchange between ByteDance and China.
Reddit IPO: Social Media Platform Seeking $748 Million in Highly Anticipated Stock Launch
Reddit wants $748 million to reach $6.5 billion in its most anticipated IPO in the US.
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.
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.
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