Category: Headlines
The company’s shares rose about 11.65%, marking its biggest daily gain since November 2008. U.S. based activist investor, Elliott has recently revealed a €1.2 billion ($1.3 billion) stake in German software giant SAP SE, a move which led SAP’s shares to hit an all-time high …
The agreement will strengthen the domestic presence of SpiceJet by adding six new destinations. SpiceJet Airlines has reportedly announced that it has signed a Memorandum of Understanding (MoU) with Gulf Carrier Emirates for code-share partnership. Both the airlines will be able to open new routes …
Lyft Inc is getting rid of approximately 3000 electric bikes from service in its bike-share program in San Francisco, Washington, and New York amidst issues pertaining to braking, said the company. Lyft has plans to replace defective electric bikes with conventional bikes to avoid interruptions …
AB InBev had availed a trademark to sell Patagonia beer in the United States in the year 2012 Patagonia has accused AB InBev (BUD) of trademark infringement for copying its brand name and aesthetic on its beer bottles Clothing firm Patagonia has reportedly filed a …
Aramco had opened its book for the very first time recently to investor scrutiny and it has been seen that it is the most profitable company worldwide Saudi Aramco has reportedly announced that it is raising $12 billion with its first global bond issue after …
The company is seeking a valuation ranging between $90 billion to $100 billion, influenced by the low stock performance of Lyft in its IPO in March 2019. U.S. ride-hailing giant, Uber Technologies Inc. has recently announced that it is seeking to sell about $10 billion worth …
Third Point wants Sony to explore options for its movie studio as it could be a takeover target for Amazon or Netflix Shares of Sony had climbed up recently after the reports suggested that head of Third Point Capital, Dan Loeb, was looking to increase …
It is expected that the step will help in the reduction of discount to net asset value at which Altaba shares are traded. Altaba, the management investment company that was founded from the remains of Yahoo Inc. after its acquisition by Verizon, recently announced that …
