Google stole a march on rival Microsoft yesterday by asserting a deal to buy cybersecurity vendor Mandiant for $5.4bn. Microsoft experienced been considered to be in pole placement to receive the firm, but it will now be incorporated into Google’s cloud platform as a substitute. This bidding war for Mandiant […]
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Poland beefs up its navy with deal to buy British Type 31 frigates
Development started in September on HMS Venturer, the inaugural vessel for the Royal Navy. The 5 ships Britain has ordered will expense £1.25bn, which means they charge about a quarter as a lot as the far more innovative sort 45 Destroyer. The ships are pushed by Rolls Royce diesel engines […]
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Samarkand Group PLC and FedEx in ‘enormous’ China eCommerce deal
Nomad checkout, which will be the first certain remedy in the programme for the Chinese CBEC market place, integrates with current eCommerce computer software this sort of as Shopify Samarkand Team PLC (AQSE:SMK) stated FedEx (NYSE:FDX) customers will be in a position to use its Nomad know-how system to electric […]
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Iran Demands Legal Pledge That U.S. Won’t Quit Nuclear Deal Again
VIENNA—As the Biden administration tries to revive the 2015 Iran nuclear deal, a person of the most significant obstructions is Tehran’s demand from customers that the U.S. delivers a promise that it won’t once again stop the pact and reimpose sanctions, diplomats involved in talks in Austria say. The demand […]
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SC reserves order on allowing Future Group to proceed with Reliance deal
The Future Group on Tuesday submitted right before the Supreme Court docket that Future Retail Ltd will sink with its 30,000 staff members, if its about Rs 24,000 crore offer with Reliance Retail fails to get to fruition. The Future Group also sought authorization from a bench headed by Chief […]
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Activist Calls for Zendesk to Scrap Momentive Deal
Activist trader Jana Partners has stepped up its marketing campaign to derail consumer-provider platform Zendesk’s proposed acquisition of the mum or dad of web-study enterprise SurveyMonkey. Jana, which owns a large stake in Zendesk, first objected in November to the acquisition of Momentive International, indicating it “lacks monetary advantage, has […]
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Ex-McDonald’s CEO Repays $105M Severance Deal
Previous McDonald’s CEO Steve Easterbrook has returned a severance deal valued at $one zero five million to the company, ending an uncommon legal fight that erupted soon after he was fired for sexual misconduct. McDonald’s declared on Thursday that it had settled the lawsuit it submitted from Easterbrook in August […]
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Taiwan Voters Back Ruling Party in Referendum, Removing Obstacle to U.S. Trade Deal
TAIPEI—Taiwan’s ruling get together claimed a decisive victory in a closely viewed referendum vote, in a setback for Beijing that eliminates a crucial obstacle to a U.S. trade offer with the democratically ruled island. Taiwan’s ruling Democratic Progressive Occasion, which supports closer ties with Washington at the price of Beijing, […]
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Symbotic to Go Public in $5.5B SPAC Deal
Robotics maker Symbotic explained Monday it will go community via a merger with a SPAC sponsored by SoftBank to accelerate its force into warehouse automation. Symbotic will make AI-run mobile robots that are presently becoming applied in the warehouses of major retailers, grocers and wholesalers, which include Walmart, Albertsons, and […]
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Kaiser reaches deal to avoid strike; Digital tool effectiveness varies based on socioeconomic status
This week’s top rated tales involve Kaiser Permanente personnel achieving a tentative agreement to stay clear of a nationwide strike, and a obtaining that socioeconomic position is joined to the potential usefulness of applications these as wearables and applications. Node options: Exclude from Speed up RSS feed
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Latest news LIVE: Pfizer signs $5.3-bn Covid pill deal with US govt
Most current live information: Indian financial institutions are receiving favourable rankings from credit score agencies and they should really get the job done to make improvements to the nation’s harmony sheet as they make improvements to their own, said PM Narendra Modi on Thursday. The Supreme Court docket Thursday refused to […]
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Bake Off stays on Channel 4 in new three-year deal
Channel 4 will carry on to air the Great British Bake Off for one more three a long time immediately after the broadcaster signed a new deal with the show’s producers. The agreement with Like Productions will also extend to Channel 4’s current bargains for Bake Off: An More Slice, […]
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Taxpayer-funded deal to curb CO2 shortage averts food industry crisis
Manufacturing is to restart at two of the UK’s most critical carbon dioxide suppliers soon after ministers agreed to give a multi-million pound taxpayer subsidy, staving off the menace of widespread foods shortages and propping up essential nuclear provide chains. CF Industries is staying handed momentary fiscal aid to get […]
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Netflix plans new versions of Roald Dahl stories with takeover deal
New versions of Roald Dahl’s beloved children’s tales are coming to the compact monitor after Netflix struck a deal to obtain the company that manages his legal rights. The streaming huge has snapped up the late author’s entire catalogue of novels, which have been translated into 63 languages and offered […]
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New Zealand and UK fail to hit Brexit trade deal target
The Government’s hopes of agreeing a Brexit trade deal with New Zealand by the finish of August failed to materialise as negotiators are however locking horns on important places this sort of as “electronic, money services and mobility”. The Department for Worldwide Trade experienced explained in June that an settlement […]
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Topps SPAC Merger Dies After Loss of MLB Deal
The $1.16 billion deal to consider Topps general public through a merger with a SPAC has collapsed immediately after Major League Baseball determined to close its 70-year romance with the buying and selling-card firm. A day immediately after MLB notified Topps it would be not be renewing their licensing settlement […]
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Virgin Orbit Announces Space SPAC Deal
Place is the next frontier for SPACs, with Sir Richard Branson’s Virgin Orbit saying a offer on Monday in which Boeing will be an trader. The satellite-launching startup mentioned its merger with NextGen Acquisition will elevate up to $483 million in new cash, which include $one hundred million personal financial […]
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As Carlyle deal hits legal hurdle, PNB Housing plans Rs 35k-cr debt capital
PNB Housing Finance (PNB HFL) will raise Rs 35,000-crore debt as its offer with Carlyle Group has strike a lawful hurdle, with the Securities Appellate Tribunal (SAT) pronouncing a split verdict on the matter. The mortgage lender will find shareholders’ acceptance for the fundraising at its yearly normal meeting scheduled […]
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Nextdoor Lands SPAC Deal With Khosla
A social media platform that connects folks living in the very same neighborhoods announced a SPAC merger to support fund growth designs. The SPAC Deal: Nextdoor announced a deal with Khosla Ventures Acquisition Co. II that values the company at a professional forma fairness worth of $4.3 billion. A PIPE […]
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Vatican Indicts Cardinal, Nine Other People Over London Real-Estate Deal
ROME—The Vatican said it indicted Cardinal Giovanni Becciu and nine other individuals in relationship with a costly investment decision in London true estate, the supply of 1 the most important scandals of Pope Francis’s reign. Cardinal Becciu, who was the 2nd greatest official at the Vatican’s Secretariat of State when […]