Volkswagen to invest 180 billion euros with primary focus on electrification and digitalization
Volkswagen, has announced plans to invest Euros 180 billion ($192.6 billion) over the next five years (2023-2027) with primary focus on electrification and digitalization. Volkswagen...
Guild Mortgage has acquired Cherry Creek Mortgage
SAN DIEGO: Guild Mortgage (NYSE: GHLD) has acquired Cherry Creek Mortgage LLC, a privately held Colorado-based lender with physical branches across the country whose business...
U.S. average mortgage rate drop to 6.57%
The U.S. average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily. That’s down from a rate...
Silver Lake and CPP Investments to acquire Qualtrics for $12.5 billion
Silver Lake and CPP Investments announced plans to acquire Qualtrics for $12.5 billion. Shares of Qualtrics were up more than 6% Monday, CNBC reported. Qualtrics...
Pfizer acquires Seagen for $43 billion to produce record scale cancer drug
Pfizer CEO Albert Bourla on Monday said the pharmaceutical giant will be able to deliver Seagen’s cancer therapy to the world “at a scale that...
Australian energy regulator all set to increase prices this week
The Australian Energy Regulator will release its interim decision on Wednesday, where it’s expected to increase the maximum retail electricity fee for homes and small businesses in...
United Kingdom will ramp up defense spending by $6 billion
The United Kingdom will ramp up defense spending by $6 billion. In a statement released Sunday, British Prime Minister Rishi Sunak pledged to use the...
Auction for Silicon Valley Bank on for a total or partial acquisition by another bank
Federal regulators are conducting an auction for Silicon Valley Bank, with final bids due Sunday, according to a report from Bloomberg News. The bank was closed by...
Mohammed bin Salman announces new national airline, Riyadh Air
Saudi Arabia’s Crown Prince Mohammed bin Salman formally announced on Sunday the creation of a new national airline, Riyadh Air. Industry veteran Tony Douglas will...
Germany’s Verdi trade announces strikes on March 13 at the country’s northern airports
Germany’s Verdi trade union has called for strikes on March 13 at the country’s northern airports, including Berlin, which it said would likely cause longer...
United States removes negative Covid test restriction for travelers from China, Hong Kong or Macau
Air travelers to United States from China, Hong Kong or Macau no longer need to show proof of a negative Covid-19 test before boarding a...
Forced Installing prepayment energy meters to be the last resort: Ofgem
United Kingdom (UK) plans to reform rules around prepayment energy meters, to protect financially vulnerable consumers in the wake of a recent uproar over forced...