Essar Group, the Indian multinational conglomerate, has reportedly held talks with Brazil-based Petroleo Brasileiro SA to buy the nation’s second-biggest oil refinery. Sources
Category - Market News
Careem, a vehicle for hire company owned by Uber Technologies Inc., has reportedly announced that it is expecting the ride-hailing demand to recover to its pre-pandemic levels in the upcoming year. Sources claim that t
India and China are locked in a tense diplomatic as well as military standoff after the border skirmish in the last week. The border tension seems to be impacting trade relations between the two nations, as Apple, Cisc
M&As seem to continue unhindered in the world of online food delivery. Today, two pioneers in food delivery, Just Eat Takeaway N.V. and Grubhub Inc., have reportedly merged in USD 7.3 billion agreement that will cr
TCL Electronics Holdings Limited, a Chinese consumer electronics company, has recently revealed that it is planning to increase its stake in its Brazilian joint venture SEMP TCL by 80%, spending a maximum price of BRL 325 million through its affil
Remark Holdings, Inc. and Hanvon Technology have recently entered a partnership deal and won the Phase 2 implementation of the store contract of China Mobile. This will enable the transformation of the corporate stores
Gaming has become a thing now during the lockdown and quarantine times amidst ongoing dreaded COVID-19 pandemic and this has eventually prompted various gaming companies to come up with novel entertainment ideas and co
Tencent Holdings Ltd., a Chinese multinational conglomerate holding company, has recently raised a $6 billion in debt. It is the largest debt deal entered into by a corporate in the Asian region in 2020.
American e-commerce giant, Amazon.com, Inc. is planning to set foot into the self-driving vehicle market as it initiates advanced talks to purchase Zoox, a company focused on developing robotaxi technology.