Browsing Tag
joint ventures
Public sector entities get power to close, divest units
New Delhi: The union cabinet on Wednesday approved a decision to provide more autonomy to public sector entities (PSEs) by empowering their boards to decide on the closure and divestment of…
MGM Resorts Offers $607 Million for Swedish Online Gambling Company
BetMGM on display at MGM National Harbor in Oxon Hill, Md.…
Charter Communications, Comcast Form JV to Develop Streaming Platform
Comcast’s Flex, a streaming platform and hardware, is set to be…
Budweiser Brewer Pulls Out of Russia as Multinational Companies Weigh Options
The world’s biggest brewer is pulling out of Russia, exiting a key beer market, as Moscow’s invasion of Ukraine drags on and multinational companies weigh up their options.Anheuser-Busch…
Alibaba’s Russia Venture Puts Chinese E-Commerce Giant in Awkward Spot
On a business trip to Russia in 2016,
Alibaba
BABA -1.35%
founder
Jack Ma
was having lunch and listening to…
Nielsen Rejects Roughly $9 Billion Takeover Offer From Private-Equity Consortium
David Kenny, chief executive of Nielsen in 2019…
Sony, Honda to Team Up in Developing, Selling Electric Vehicles
Sony said in January that it would create a car unit and explore…
Companies Divesting From Russia Are Facing Big Write-Downs
Companies that divest from their Russian holdings will have to book hefty write-downs and face complex accounting judgments, experts say.Businesses including
BP…
Self-Driving Trucks Start to Propel Land Rush Near Major Cities
The prospect of self-driving trucks could further intensify a land grab near big cities, one that is already fueled in part by the increase in long-haul trucking during the pandemic.Alterra…