Altice USA may sell Cheddar News to Regent LP

Altice USA, the fourth-largest U.S. cable provider, is in talks to sell its financial news streaming service Cheddar News to a private equity firm, Regent LP, CNBC reported. The deal…

NNR December 11, 2023

Wire

Macy’s gets $5.8 billion takeover bid from Arkhouse and Brigade

Macy’s, the iconic American department store chain, is facing a potential buyout from a consortium of real estate and asset management firms. Arkhouse Management and Brigade Capital Management have offered…

NNR December 11, 2023

Wire

Abrdn to reinvest £30m in UK investment trusts

Abrdn, the third-largest manager of investment trusts in the UK, announced that it will reinvest an amount equal to six months’ worth of management fees into all of its UK-listed…

NNR December 11, 2023

Wire

TikTok invests $1.5bn in Tokopedia to revive e-commerce in Indonesia

TikTok, the social media giant, has announced a $1.5bn investment in Tokopedia, Indonesia’s largest e-commerce platform, in a bid to reopen its online shopping business in the country. The deal…

NNR December 11, 2023

Wire

Honeywell to buy Carrier’s security unit for $4.95 billion

Honeywell, a U.S. industrial giant, announced on Friday that it would acquire the security unit of Carrier, a leading air conditioner maker, for $4.95 billion in cash. The deal, which…

NNR December 8, 2023

Wire

Tencent unveils Last Sentinel, its most ambitious console game yet

Tencent Holdings, the Chinese tech giant behind some of the world’s most popular mobile games, has revealed its latest project: Last Sentinel, a console game that aims to compete with…

NNR December 8, 2023

Wire

Woodings Industrial acquires Superior Machine Company, expands melt shop capabilities

PITTSBURGH: Woodings Industrial Corporation and affiliated companies have announced the acquisition of Superior Machine Company of South Carolina, Inc., a leading provider of electric arc furnace and continuous casting equipment…

NNR December 7, 2023

Wire

Bristol Myers Squibb announces 5.3% dividend increase

PRINCETON: Bristol Myers Squibb (NYSE: BMY) announced that its Board of Directors has approved a quarterly dividend of $0.60 per share for the company’s common stock with a par value…

NNR December 7, 2023

Wire

ElectraMeccanica continues merger talks with electric businesses: Susan Docherty

ElectraMeccanica, a Canadian electric vehicle company, is still pursuing its merger strategy with other electric businesses, despite the failed deal with Tevva Motors in September 2023. The company’s CEO and…

NNR December 7, 2023

Wire

Apple to launch new iPad and Mac models with OLED displays, M3 chips in March 2024

Apple is reportedly preparing to launch a slew of new products in the first quarter of 2024, including new iPad and Mac models with OLED displays and M3 chips. According…

NNR December 6, 2023

Wire

Microsoft to charge Windows 10 users for security updates after 2025

Microsoft has announced that it will offer Extended Security Updates (ESU) for Windows 10 users who want to keep using the operating system beyond its end-of-life date of October 14,…

NNR December 6, 2023

Wire

Caterpillar invests in metal recycling startup Nth Cycle

Caterpillar, a global leader in construction and mining equipment, has joined a group of investors to back Nth Cycle, a Massachusetts-based startup that has developed a novel metal refining technology.…

NNR December 6, 2023