Tag: “Corporate”

Taiwan Blocks Uber’s $950 Million Takeover of Local Foodpanda Business

Taiwan has blocked Uber Technologies’  planned $950 million takeover of Foodpanda’s local delivery business on anticompetition concerns, thwarting the U.S. company’s efforts to expand in Asia.

Starbucks strike to expand to over 300 US stores on Christmas Eve, union says

A strike at Starbucks will expand to over 300 U.S. stores on Tuesday, with more than 5,000 workers expected to walk off the job before the five-day work stoppage ends later on Christmas Eve, the workers’ union said.

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid merger talks with Nissan

President Biden to decide fate of Nippon Steel’s $15 billion bid for US Steel

Nippon Steel’s $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said he opposes.

Brief American Airlines Groundstop Is Canceled, FAA Says

American Airlines Group Inc. said it’s experiencing technical issues affecting all of its flights, disrupting operations on one of the busiest travel days of the year. “Your safety is our utmost priority, once this is rectified, we’ll have you safely on your way to your destination,” the airline said in a statement on X, without providing any more details on the nature of the issue.

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.

Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.

Xerox to buy printer maker Lexmark from Chinese owners in $1.5 bln deal

Office equipment manufacturer Xerox will buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to bolster its mainstay business, the companies said on Monday.

Qualcomm Scores a Victory in Its Dispute With Longtime Partner Arm

A Delaware jury sided with Qualcomm in its long-running dispute with Arm on Friday afternoon. This was a unique case in which Arm sued one of its best customers.

Netflix broadens live-sports footprint with Women’s World Cup. Bigger subscriber base and ad reach foreseen.

Netflix and FIFA have agreed to a U.S. broadcast deal for the 2027 and 2031 Women’s World Cup, further expanding the streaming company’s footprint in the live-sports category, which includes NFL, boxing and WWE content.

Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion

Dutch technology investor Prosus NV said on Monday it would buy Latin America-focused online travel agency Despegar.com Corp for about $1.7 billion in cash, as it looks to expand its services across Latin America.

Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales.

Universal Music Group Expands Partnership With Amazon Music

Universal Music Group NV, the world’s largest record label, expanded its global partnership with Amazon.com Inc’s premium music service to boost fan engagement and fraud protection 

Volkswagen shares fall as market struggles to digest unions deal

Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker’s cost-cutting deal with unions and likely headwinds in 2025.

Τέρνα Ενεργειακή: Στο 84,78% το ποσοστό της Masdar

Σύμφωνα με το άρθρο 24, παράγραφος 2(α) και (β) του Ν. 3461/2006, η ανώνυμη εταιρεία με την επωνυμία “MASDAR HELLAS ΜΟΝΟΠΡΟΣΩΠΗ Α.Ε.” (στο εξής ο “Προτείνων”) δηλώνει ότι, στις 20.12.2024, απέκτησε συνολικά 16.984.573 κοινές ονομαστικές μετοχές εκδόσεως της ανώνυμης εταιρείας με την επωνυμία “ΤΕΡΝΑ ΕΝΕΡΓΕΙΑΚΗ ΑΝΩΝΥΜΗ ΒΙΟΜΗΧΑΝΙΚΗ ΕΜΠΟΡΙΚΗ ΤΕΧΝΙΚΗ ΕΤΑΙΡΕΙΑ”.

Profile: Από 27 Δεκεμβρίου σε διαπραγμάτευση οι 159.488 νέες μετοχές

Η «PROFILE SYSTEMS & SOFTWARE Α.Ε.» ανακοινώνει ότι την Παρασκευή 27 Δεκεμβρίου 2024 αρχίζει η διαπραγμάτευση στο Χρηματιστήριο Αθηνών των 159.488 νέων κοινών, ονομαστικών μετοχών της Εταιρείας, που προέκυψαν από την πρόσφατη αύξηση του μετοχικού κεφαλαίου αυτής με την καταβολή συνολικού ποσού 135.564,80 Ευρώ.

Cenergy: Η Hellenic Cables υπέγραψε σύμβαση με την RTE για το έργο Bretagne Sud

Η Hellenic Cables θα προμηθεύσει 390 χλμ. export καλωδίων τάσης 225kV, εκ των οποίων 150 χλμ. θα είναι υποβρύχια και τα 240 χλμ. χερσαία καλώδια.Η Cenergy Holdings ανακοινώνει ότι η Hellenic Cables, ο κλάδος καλωδίων της, σε κοινοπραξία με την Jan De Nul Luxemburg SA, υπέγραψε συμφωνία πλαίσιο με τον γαλλικό Διαχειριστή Συστήματος Μεταφοράς Ηλεκτρικής Ενέργειας, Réseau de Transport d’Électricité (RTE).

Amazon workers strike at seven US facilities ahead of Christmas rush

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush as workers protest what they say is the retailing giant’s unfair treatment of its employees.

Warren Buffett’s Berkshire Hathaway scoops up Occidental and other stocks during sell-off

Warren Buffett went on bit of a shopping spree in the stock market before Christmas, picking up shares of Occidental Petroleum
among others during a swift December sell-off.

FedEx’s freight spinoff plan to fortify core business, boost industry

FedEx’s decision to spin off its freight truckload segment will strengthen the business while allowing the parcel delivery giant to better tackle challenges in its core operations, analysts said on Friday