Universal Music to sell extra 2.9% shareholding to Pershing Square for $1.15b
American hedge fund director Bill Ackman’s Pershing Square is purchasing an extra 2.9% of Universal Music Group (UMG) from Vivendi for $1.149 billion, the French
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Singapore’s Shopee blazes the trail in Brazil’s e-commerce sector.
Sea Ltd’s Shopee required only two years to become Brazil’s most downloaded shopping application, winning clients to its minimal expense marketplace with its game-changing way
Barclays acquires Gap’s credit card portfolio in the U.S. in a $3.8 billion deal.
Barclays said on Friday its US arm will purchase a $3.8 billion Gap credit card portfolio co-branded with apparel retailer The Gap Inc, as the
British chip designer Arm to be acquired by Nvidia in a $54b deal.
Nvidia is probably going to look for EU antitrust endorsement for its $54 billion takeover of British chip designer Arm ahead of schedule one month
Apple relaxes application store payment rules in claim settlement.
Apple has consented to let developers of iPhone applications email their clients about less expensive alternatives to pay for digital subscription and media by going
S.Africa’s Woolworths reestablishes dividends given a surge in profit.
South African retailer Woolworths Holdings reintroduced dividend payouts on Thursday after its yearly profit surged and the shares of some Australian properties assisted it with
British police arrest a man over infusing food at three London stores.
British police said on Thursday they had arrested a man after processed meats and microwaveable items at three general stores in west London were infused
U.S. SEC to investigate firms’ digital-engagement practices as investors’ concerns develop.
The U.S. Securities and Trade Commission (SEC) will look for input on whether digital customer engagement innovations utilized by financial firms ought to be administered
Samsung earmarks an investment of $206b by 2023 for post-pandemic growth.
Samsung Group will invest 240 trillion won ($206 billion) in the next three years to grow its impression in biopharmaceuticals, artificial intelligence, semiconductors and robotics
China suspends over 40 IPOs in the midst of the regulatory probe of advisors.
Chinese bourses have stopped over 40 IPOs in Shanghai and Shenzhen in the midst of a regulatory probe into advisors in the deals, as per
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