Zomato Lost Nearly $1 Billion in Value After Blinkit Deal
Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...
Moving Towards a Cashless Society: An Analysis
As technology gives rise to alternatives that accelerate, secure, and simplify financial transactions, society is gradually becoming cashless. In the 21st century,...
A Frail Yen Will Fuel Up Foreign Purchases
Toshiba may slip down in the history for the second time. The foreign buyout groups are ready to offer $22 billion (¥3...
Florence Healthcare Raise $27M in Series C-1 Funding Round
Florence Healthcare bagged $27 million in series C-1 funding round. The round was led by Insight Partners. Florence...
Saudi Arabia Eyes to Triple the Number Of Tourists In 2022
Saudi Arabia is undoubtedly witnessing a huge renaissance as it seeks to diversify its economy. According to the document Vision 2030, The...
Cornerstone Acquires SumTotal For $200 Million
HR Tech firm Cornerstone, backed by Clearlake Capital Group, acquired SumTotal for about $200 million. Clearlake has signed a definitive agreement with...
Musk Says He May Drop Twitter Deal if Fake Account Data Not Provided
Billionaire Elon Musk has recently warned that he will withdraw the $44 billion offer to buy the social network Twitter if they...
Warren Buffet Ends Association with Wells Fargo
Wells Fargo was one of the top investments of Warren Buffett-owned Berkshire Hathaway but not any more now. Many...
Forbes Backs Out From Going Public via SPAC
Forbes, the century-old business magazine backed out from going public via Special Purpose Acquisition Company (SPAC) deal. Shareholders of Forbes concluded the...
Mike Ashley’s Frasers Group Has Bought the Fashion Retailer Misguided
Mike Ashley’s Fraser Group has brought Fashion Retailer Misguided out of administration for $25.16 million. The competitors include Boohoo, Shein and JD...
Recent Articles
Roe vs Wade Reversal May Impact Telemedicine in US
Roe v. Wade was reversed last week by the U.S. Supreme Court and it was a 5-4 decision. In response, people, both...
Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels
The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
Zomato Lost Nearly $1 Billion in Value After Blinkit Deal
Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...
Blockbuster Deal For Pharma Major Boots Comes A Cropper
The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...
London Rail Strike Loss Estimated to be $36.85M Per Day
London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...
Most Popular
Chess.Com Gets Major Growth Investment From General Atlantic
Leading growth equity firm General Atlantic has made a major growth investment in Chess.com. However, the parties involved have not disclosed the...
Opioid Manufacturer Mallinckrodt Files for Chapter 11 amid Litigations
On October 12, Mallinckrodt plc filed Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware.
Bill Ackman’s SPAC Signs Deal to Acquire 10% of Universal Music Group
Pershing Square Tontine Holdings (NYSE:PSTH) announced on Sunday June 20 that it has signed a deal to acquire 10% of Universal Music...
Global Atlantic Acquired in Strategic Transaction by KKR
Today, Kohlberg Kravis Roberts announced their acquisition of all outstanding shares of Global Atlantic. Afterwards, Global Atlantic will continue to operate as...
The Future is Beyond Zero as Toyota Unveils its First All-electric Vehicle, the bZ4X
Toyota has finally entered the all-electric car race production. It announced that it would be carrying out its first all-electric vehicle mass...
