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Joint Venture Plans by Honda and GM to Produce Small EVs Globally

Honda Motor Co and General Motor Co will develop affordable electric vehicles jointly in major markets around the globe. This partnership will expand the...

H&M Slides to a Two-Year Low as Ukraine War Causes Uncertainty

According to Bloomberg News, Hennes & Mauritz AB shares dropped to a 2-year low following the Swedish owner of the H&M clothing chain declared...

Instacart Sheds Its Valuation by Around 40% to $24 Billion

According to Bloomberg News, Instacart Inc., usually known as a pandemic “darling” now undergoing a decelerated growth, is shedding its valuation by about 40%...

Berkshire Hathaway Acquires Alleghany for $11.6 Billion

Warren Buffet’s company Berkshire Hathaway Inc. is acquiring Alleghany Corp. for $11.6 billion in an all-cash deal. Buffet returns to the market for deal-making...

Reliance Caught Amazon on the Wrong Foot in the Future Retail Takeover

Amazon Inc. is the new addition to the list of companies that have been outmaneuvered by Reliance Industries, Mukesh Ambani. Ambani has jolted the...

Coca-Cola, McDonald’s, and Starbucks Halt Business in Russia after Backlash

Top U.S. brands which have been the face of America's capitalism, such as Coca-Cola, McDonald's, and Starbucks, have halted business operations in Russia temporarily...

Google to Buyout Cybersecurity Company Mandiant for $5.4 Billion in an All-Cash Deal

Historically, in its second-biggest deal, Google has agreed to buy out Mandiant Inc., a cybersecurity company, for $5.4 billion. The second biggest buy-out deal of...

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