GlobalFoundries fined for sanctions slip-up
In the high-stakes world of semiconductor manufacturing, one slip of a key can mean millions—and for GlobalFoundries, a so-called “data entry error” is proving costly. [more…]
Category: U.S.
Orange and Mastercard pioneering financial freedom in sub-Saharan Africa
In a world where borders once defined how and where we could spend our money, Orange Middle East and Africa (OMEA) and Mastercard are now [more…]
James Gorman takes the helm as Disney chairman, succession plan still in play
In a surprising change of events at Disney’s magical kingdom, the company has chosen James Gorman to take the reins as its next chairman, set [more…]
Unilever exits Russia, sells subsidiary to local buyer in €600 million deal
In a move that surprises absolutely no one, Unilever has finally bid farewell to its Russian operations, joining the ever-growing list of companies saying goodbye [more…]
Alinma Bank and Dell partner to drive digital transformation
In a future-forward move, Alinma Bank has teamed up with Dell Technologies, diving headfirst into the digital era with their newly signed memorandum of understanding [more…]
SoFi and PrimaryBid team up to give Main Street a slice of the IPO pie
In a move to disrupt Wall Street’s stronghold, SoFi has teamed up with UK’s PrimaryBid Technologies to shake up the IPO game. This new partnership, [more…]
Fortress Investment makes bid for Japan’s Spa Resort Hawaiians
Spa Resort Hawaiians—once the tropical crown jewel of Fukushima’s tourism industry—is now under the spotlight again, but this time for a corporate takeover. Fortress Investment [more…]
Talos Energy unveils major Gulf of Mexico oil find, boosts future prospects
In a striking development from the Gulf of Mexico, U.S. energy firm Talos Energy has announced a significant find of oil and natural gas. The [more…]
NFL seeks slice of private equity profits in new ownership deal
The National Football League (NFL) is preparing to carve out its slice of the private equity pie, adding a new twist to the already high-stakes [more…]
Canadian retail giant ACT makes a $38.4bn bid for 7-Eleven in historic takeover attempt
In an unexpected move, the Canadian convenience store powerhouse Alimentation Couche-Tard (ACT) has thrown down a jaw-dropping £29.7 billion ($38.4 billion USD) bid for the [more…]