Walmart’s Flipkart to be valued $40b; SoftBank, others to raise $3b.
Walmart Inc-owned Indian e-commerce firm Flipkart is in discussion to raise $3 billion from investors including Japan’s SoftBank Group Corp and a few sovereign wealth
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
Medline acquired by Private Equity Firms in $34b deal.
A consortium of private equity firms has concluded a deal — supposedly worth about $34 billion — to acquire family-run Medline, the medical supply and
G7 countries strike bargain to tax international companies and crush havens.
The US, Britain and other leading countries arrived at a milestone bargain on Saturday to seek after higher global tax collection on international companies like
Nigerian government suspends Twitter access.
Nigerian telecoms firms have closed down access to Twitter after a regulatory directive, an industry source said on Saturday, a day after the government said
US deepens Trade War with china, widens list of banned Chinese firms.
China eagerly protested Friday to U.S. President Joe Biden’s extension of Chinese companies whose shares are beyond reach to American investors due to their implied
Managing tax avoidance by Global Organizations.
How could governments discourage international companies from avoiding taxes by moving their profits to low-burden nations? For almost 10 years, countries have wrestled with that
Heritage conflict overwhelms site picked for Amazon’s new African HQ.
For the Khoi and San – South Africa’s first occupants – a verdant piece of land in Cape Town encapsulates triumph and misfortune. The two
Crypto firms violate anti-money laundering rules, UK watch dog says.
Numerous digital currency firms operate in breach of Britain’s anti-money laundering and counter-terrorism financing rules, the country’s financial watch dog said on Thursday, showing how
Huawei launches own operating system to smartphones.
Huawei launched its own HarmonyOS mobile operating system on its handsets on Wednesday as it adjusts to having lost access to Google mobile services two
Tesla withdraws almost 6,000 U.S. vehicles over conceivably loose nuts.
Tesla Inc is withdrawing almost 6,000 U.S. vehicles from users because brake caliper bolts could be loose, and can cause a loss of tire pressure,
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