Volkswagen boss hails cost-cutting deal but shares fall
Volkswagen is struggling with high costs and rising competition in China (Ronny HARTMANN) Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in…
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News Corp sells Foxtel unit to DAZN in A$3.4 billion deal
NEWS Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion (S$2.9 billion) including debt, cutting the Murdoch-controlled media…
Astros Predicted To Cut Ties With $119M Star After Christian Walker Deal
✓ Link copied to clipboard! On Friday afternoon, the Houston Astros shocked the baseball world when it was announced they had agreed to terms on a deal with Arizona Diamondbacks free agent…
Dodgers Postseason Hero Predicted To Leave Los Angeles For $45 Million Deal
Share ✓ Link copied to clipboard! The Los Angeles Dodgers won the World Series in 2024 and there was hardly a doubt about it on their dominant postseason run. Despite a lot of injuries,…
Volkswagen, employee representatives reach wage deal after tough negotiations
FRANKFURT, Germany (AP) — Volkswagen's employee representatives said Friday they have reached a wage deal that wards off management proposals for plant closings in Germany and bars…
Padres Could Steal $52M Star Infielder, Dodgers Target In Blockbuster Deal
✓ Link copied to clipboard! The San Diego Padres are looking to upgrade their roster this winter. San Diego has consistently been a few steps behind the Los Angeles Dodgers, but this…
Nvidia’s Vietnam deal: a game changer or just noise?
IN VIETNAM, Google Trends – a feature that shows what people are searching for online in real-time – is usually dominated by... Source link
CDL Hospitality Trusts ventures into student accommodation with £37.3 million UK deal
CDL Hospitality Trusts is venturing into the student accommodation business for the first time, with the purchase of a purpose-built student accommodation (PBSA) in Liverpool, United…
Harland & Wolff set to be saved in deal with Spanish firm
Spain's state-owned shipbuilder is expected to confirm on Thursday that it is buying Harland and Wolff, the Belfast shipyard best known for Titanic. Navantia has been in exclusive…
Spanish firm expected to announce Harland & Wolff deal
Navantia already has a business relationship with Harland and Wolff Spain's state-owned shipbuilder is expected to confirm on Thursday that it is buying Harland and Wolff, the Belfast…
Clar to acquire and lease back DHL’s Indiana logistics property in S$150.3 million deal
CAPITALAND Ascendas Reit (Clar) is proposing to acquire logistics property DHL Indianapolis Logistics Center in Whiteland, Indianapolis, Indiana, for S$150.3 million from DHL USA. The…
Liberty Media's $4.4 Billion MotoGP Deal Hits a European Roadblock
Liberty Media's ambitious plan to acquire an 86% stake in Dorna Sports, the rights holder of MotoGP, has been met with resistance from European Union antitrust regulators. The deal,…
Global M&A deal value will hit ‘middling’ US$3.5 trillion by end 2024: Bain
THE global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated projections by Bain & Company. This figure is…
Writers Guild demands studios stop tech companies from training AI on their work
Writers Guild of America this week sent a letter to major Hollywood studios asking them to take action against tech companies that are using writers’ work to train AI tools without their…
Have followers and something to sell? TikTok may want to make a deal
It is just past 10 p.m. and Aaliyah Arnold, the 20-year-old founder of BossUp Cosmetics, is selling to the TikTok universe. As she livestreams from a Culver City filming location, about…
UK and Germany sign deal against people smugglers as Europe struggles to halt Channel crossings
LONDON (AP) — The U.K. and Germany pledged Tuesday to share intelligence and expertise against the people-smuggling gangs that send migrants across the English Channel in small boats, the…
Germany to tighten people-smuggling law in UK deal
Germany has said it will tighten its law to make it easier to prosecute those helping to smuggle migrants to the UK, as part of a new plan agreed between the two countries. Currently…
Axiata, Sinar Mas are said to near deal for Indonesian units
MALAYSIAN wireless carrier Axiata Group and Indonesian conglomerate Sinar Mas Group are nearing an agreement to merge their telecommunications operations in South-east Asia’s largest…
Juan Soto Betrays Yankees By Signing $765 Million Deal With Bitter Rival
Share ✓ Link copied to clipboard! The New York Yankees did everything they could to retain superstar outfielder Juan Soto but were defeated in a historic bidding war. What was expected to…
China's 1,000 km/h Maglev Trains Aim to Surpass Planes: Elon Musk Calls It a "Super Big Deal
China is developing high-speed maglev trains that could revolutionize transportation by achieving speeds up to 1,000 km per hour, surpassing airplanes. According to reports, tests are…
BAE wins $2.5B deal to supply more CV90 vehicles to Denmark, Sweden
BAE Systems has won a new $2.5 billion contract to build more CV90 combat vehicles for Denmark and Sweden, the company announced Friday. Denmark has ordered 115 new CV9035 MkIIICs, and…
Dodgers Ideal Free Agent Projected To Sign $150 Million Deal With Rival
Share ✓ Link copied to clipboard! For the last six months, the Los Angeles Dodgers have reportedly had their eyes set on Milwaukee Brewers shortstop Willy Adames. Adames was seen as a…
Abu Dhabi’s Adnoc signs 15-year LNG supply deal with Malaysia’s Petronas
ABU Dhabi National Oil Co (Adnoc) agreed to sell liquefied natural gas to Malaysia’s Petronas for 15 years starting 2028, expanding the Middle East company’s efforts to become a major…
Column: President Biden's pardon of his son Hunter is understandable. It's also unforgivable
It came as a surprise that President Biden unconditionally pardoned his son Hunter, a convicted felon, after repeatedly vowing that he would not. For the past few months, each time Biden…