Shinsegae, Naver – media to acquire EBay Korea for $3.6b.
EBay will sell its South Korean business to retailer Shinsegae Group’s E-Mart Inc and web portal operator Naver for around 4 trillion won ($3.6 billion),
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
On Friday, the African Development Bank (AfDB) announced that it had authorized a €100 million ($114 million) loan to support the construction of Africa's first
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
Krafton, South Korea’s Game maker to raise $5b in country’s biggest IPO.
Krafton Inc, the South Korean company behind blockbuster computer game “PlayerUnknown’s Battlegrounds”, said on Wednesday its Initial public offering would rise up to 5.6 trillion
Deutsche Bank hit $1b windfall from Israeli shipping co investment.
Deutsche Bank is on course to make up to $1 billion on a remote chance bet on Israeli shipping firm Zim after it surged in
Facebook, Big Tech hit as EU court rules national data watchdog has oversight powers.
Europe’s top court on Tuesday endorsed the power of national data watch dogs to go after big tech firms regardless of whether they are not
Cancer Drug development: GSK, iTeo in $2B deal.
Briatain’s GlaxoSmithKline Plc has agreed to pay $2 billion to iTeos Therapeutics Inc to develop and sell a potential cancer treatment together, the companies said
Netanyahu, Israel’s longest serving era ends: Naftali Benneth forms new government.
The first Israeli government in twelve years not led by Benjamin Netanyahu resumed office on Monday, with the former prime minister avoiding a handover function
China’s Geely to go ahead with methanol vehicles, chairman says
Chinese automaker Geely will continue to deal with vehicles fueled by methanol despite the fact that the efforts may fall flat, Chairman Li Shufu said
Toshiba’s major shareholder demands immediate resignation of chairman and 3 directors.
Toshiba Corp’s second-biggest shareholder on Sunday requested the board chairman and three directors promptly resign after an inquiry discovered the company had conspired with the
BlackRock emerges first to fully own and operate China mutual fund business.
BlackRock Inc has become the first global asset manager authorized to begin a fully owned onshore mutual fund business in China, as the government opens
McDonald’s in South Korea, Taiwan hit by Cyberattack.
McDonald’s Corp the world’s biggest burger chain, said on Friday that a data breach in South Korea and Taiwan has exposed some customer and employee
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