Mercedes-Benz (MBGn.DE) has announced its openness to selling its dealerships and workshops located in Germany. The renowned carmaker expressed its intention to establish its Group-owned retail branches in a more independent manner
More
The U.S. Food and Drug Administration (FDA) has issued a significant warning regarding Amgen’s drug Prolia, used to treat bone loss, due to an increased risk of severely low calcium levels in
More
Amazon’s recent $1.4 billion acquisition attempt of iRobot, a renowned robot vacuum manufacturer, faces a significant obstacle as EU antitrust regulators intensify their scrutiny of major tech deals. Three individuals familiar with
More
Elon Musk recently refuted claims made in a Bloomberg article stating that his artificial intelligence (AI) firm, xAI, had secured $500 million from investors towards a $1 billion funding goal. Responding to
More
The U.S. dollar experienced a slight decline on Friday, taking a breather after five consecutive sessions of gains but still on track for a weekly increase. Recent economic data and comments from
More
Deutz (DEZG.DE), the German engine producer, has recently announced its decision to sell its electric drive specialist, Torqeedo, to Japan’s Yamaha Motor (7272.T). This strategic move reflects Deutz’s commitment to streamlining its
More
European stocks saw a modest uptick on Friday, with a boost from the financial sector, though the overall weekly trend remained negative due to scaled-down expectations of interest rate cuts. As of
More
Kazakhstan’s prominent carrier, Air Astana, has officially announced its intentions to go public in London, with the aim of securing fresh capital to fuel its expansion while providing its current stakeholders, which
More
Coinbase Global (COIN.O), the world’s largest publicly traded cryptocurrency exchange, may face challenges in trading volume and margin due to the increasing interest in bitcoin through low-cost exchange-traded funds (ETFs) tracking its
More
Video game producer CI Games (CIG.WA) has announced its intention to reduce its workforce by approximately 10%, as part of a strategic move aimed at preserving the company’s financial stability. CEO Marek
More