Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
Sectors
Bitcoin Crosses $1 Trillion Market Value Again After Its Price Jumped 22% to $52,005
Bitcoin, the world's biggest cryptocurrency, has jumped 22% this year to $52,005, putting its market value above $1 trillion for the first time since its record peak in late 2021.
New Drug to Prevent Severe Food Allergies Gets FDA Approval
The US Food and Drug Administration (FDA) has approved a new drug called Xolair that could be life-changing for those with severe food allergies.
US Study Discovers 275 Million New Genetic Variants That Can Significantly Improve Drug Development
A new study that examined the genetic code of nearly 250,000 volunteers in the US found over 275 million entirely new variants.
Australia Boosts Defense Spending by Adding $7.2 Billion to Build Largest Navy's Surface Combat Fleet Since WWII
Australia has announced that it would boost its defense spending by an additional $7.2 billion. Australia has announced that it would boost its defense spending by an additional $7.
Latest News
Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion.
The United States (US) is reportedly considering imposing sanctions on Chinese companies suspected of helping Russia in its war in Ukraine.
The infamous Salt Bae restaurant will cut down its heating expenses due to increasing energy bills, amid expensive steak prices.
Chinese EV company, XPeng is pushing all its might to production force after tough competition warning from CEO in its industry.
Sony's stock dropped by $10 billion due to lower PS5 sales forecasts, while its gaming profits also fell despite strong digital sales and PS Plus subscriptions.
The EU may fine Apple $539 million for restricting music streaming. Is this related to Spotify's complaint in 2019?
The Biden administration may stall crucial pollution restrictions on cars, hurting EV development. The Environmental Protection Agency (EPA) of the United States may consider easing a major climate change regulation that limits emissions from vehicles' tailpipes.
North Korea is making efforts to expand its Koryo medicine production. North Korea is making efforts to expand its Koryo medicine production. The Asian nation is now shifting toward domestically manufactured or produced products, especially in the medical sector, after recently emphasizing the need for greater economic independence.
Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong unveiled a projected spending plan costing S$131.4 billion (US$97 billion) in his Budget 2024 speech Friday.
