BP and JERA Join Forces to Invest $5.8B in Offshore Wind Energy
BP plc and JERA form a joint venture, JERA Nex bp, to focus on offshore wind energy production with a potential net generating capacity of 13GW. The companies plan to invest up to ...
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TikTok Faces US Ban: Appeals Court Upholds Government's Decision
The US Court of Appeals upheld the government's decision to ban TikTok, requiring ByteDance Ltd. to divest the app by January 19 or face its closure in the US. The court cited nati...
TikTok Awaits SCOTUS Decision on US Ban Appeal
TikTok anticipates the US Supreme Court to reverse an appeals court decision upholding the federal ban on the platform within American soil, citing the Court's history of protectin...
Microsoft's Advanced AI Chips Export to UAE: A Strategic Move or Risky Venture?
Microsoft has secured US approval to export advanced AI chips to the UAE as part of its collaboration with Emirati AI firm G42. The $1.5 billion commitment includes plans for two A...
Key Earnings Reports: Oracle, Macy's, Adobe, and More to Watch This Week
The upcoming week is filled with key financial results, including Oracle's second-quarter earnings, GameStop's third-quarter results, Macy's and Adobe's reports, and Broadcom and C...
Vodafone's Complete Exit from Italy: A Strategic Move to Swisscom
Vodafone Group Plc has signed a binding agreement to sell 100% of its operations in Italy to Swisscom AG for €8 billion. The transaction, subject to regulatory approvals, marks Vod...
China's Passenger Vehicle Sales Surge in November, Driven by New Energy Vehicles
China's passenger vehicle sales surged in November, with new energy vehicles making up over half of all sales. Despite Tesla's decline in sales and exports, the overall market show...
Flipkart's Mega IPO: A Game-Changer for India's Startup Ecosystem
Flipkart, India's premier e-commerce company, is planning an IPO within the next 12-15 months, which is expected to be the largest share issue by a new-economy company. This move i...
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