Vodafone’s Italian business sold to Swisscom for €8 billion
In a significant move, Vodafone has agreed to sell its Italian business to Swisscom, the Bern-based telecommunications firm, for a staggering €8 billion in cash. [more…]
Category: Business
Qatar Airways explores fleet expansion with Boeing and Airbus amid industry shifts
In a bid to bolster its fleet and meet surging international travel demands, Qatar Airways is reportedly in early discussions with Boeing and Airbus to [more…]
JD.com abandons bid for Currys, following Elliott Advisors’ retreat
In a twist of events reminiscent of a high-stakes poker game, Chinese online retailer JD.com has decided to fold its hand and walk away from [more…]
Nidec, KPS Capital Partners compete for Siemens AG’s Innomotics business
Two heavyweights, Japan’s Nidec and New York-based KPS Capital Partners, are locked in a high-stakes competition to acquire Siemens AG’s Innomotics large motors business. The [more…]
Greece’s Eurobank ventures into Indian market, eyeing business expansion
In a bid to broaden its global presence, Eurobank, one of Greece’s leading financial institutions, is making significant strides into the Indian market. The bank [more…]
Daiso’s quirky Japanese charm takes the U.S. by storm, plans to open 65 stores in 2024
Nestled amidst Daiso’s eclectic array of vibrant stationery lies a retail strategy that has captured the hearts of many. The Japanese low-cost retailer, renowned for [more…]
China’s Xpeng unveils ambitious global expansion plans with right-hand drive model launch
Chinese electric vehicle (EV) manufacturer Xpeng is gearing up for its global expansion with the announcement of its first right-hand drive model, set to launch [more…]
Germany nears acquisition of TenneT’s German power grid from The Netherlands
In a move that could reshape Germany’s energy landscape, The Netherlands is on the brink of finalizing a deal to sell TenneT Holding’s power grid [more…]
Lufthansa Cabin Crew Union Takes to the Skies for Better Pay
In a move that could disrupt travel plans for thousands, Lufthansa’s cabin crew union has announced a strike at Lufthansa and short-haul carrier CityLine. The [more…]
Saudi Arabia and the United Arab Emirates are targeting lithium to diversify their economies
In a strategic move to diversify their economies and capitalize on the global shift towards electric vehicles (EVs), national oil giants Saudi Aramco and Abu [more…]