Cardinal Health to acquire Integrated Oncology Network for $1.12 billion
(Reuters) -Cardinal Health on Friday agreed to acquire community cancer center operator Integrated Oncology Network for $1.12 billion in cash,…
Category: Business
GM’s Cruise to begin testing autonomous vehicles in California
(Reuters) – General Motors’ self-driving unit Cruise said on Thursday it will begin supervised testing with up to five autonomous…
Coca-Cola plans to invest $1 billion in Nigeria operations, presidency says
ABUJA (Reuters) – Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country’s…
Microsoft approves new $60 billion share buyback program
(Reuters) -Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion.…
Exclusive-India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
By Aditya Kalra NEW DELHI (Reuters) – Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to…
Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion
(Reuters) -U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma’aden joint venture…
Amazon to increase investment in its DSP program by $2.1 billion
(Reuters) -Amazon.com said on Thursday it will increase the compensation to its Delivery Service Partners (DSP) through a $660 million…
OpenAI in talks to raise funds at $150 billion valuation, Bloomberg News reports
(Reuters) -AI heavyweight OpenAI is in talks to raise funds at a valuation of $150 billion, Bloomberg News reported on…
US SEC approves new audit quality benchmarks over Republican objections
(Reuters) – Wall Street’s top regulator on Monday gave the nod to new accounting standards set by a watchdog agency,…
Siemens investing $60 million on high-speed train plant in upstate New York
ZURICH (Reuters) – Siemens is spending $60 million on a new U.S. factory to build high speed trains to whisk…