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Asset manager Brookfield to sell 10% stake in Data Infrastructure Trust-thumnail

Asset manager Brookfield to sell 10% stake in Data Infrastructure Trust

Brookfield, the asset manager has initiated a sale of a 10% stake, in Data Infrastructure Trust. This sale will be done through an Offer for Sale (OFS) with a price

Business

Aug 9, 2023

ESPN strikes a deal to license its brand for a sports betting app to Penn Entertainment-thumnail

ESPN strikes a deal to license its brand for a sports betting app to Penn Entertainment

ESPN strikes a deal to license its brand for a sports betting app to Penn Entertainment

Business

Aug 9, 2023

The sale of Yellow Corp assets could exceed $1.4 billion – Fox Business-thumnail

The sale of Yellow Corp assets could exceed $1.4 billion – Fox Business

The assets of trucking company Yellow Corp (YELL.O) have drawn substantial interest and their sale may exceed the $1.4 billion in secured debt held by the business, Fox Business said on Tuesday.

Automotive

Aug 9, 2023

White House to unveil plans restricting some US investments in China, Sources-thumnail

White House to unveil plans restricting some US investments in China, Sources

A senior government source told Reuters that the White House would outline its proposals on Wednesday to forbid some US investments in sensitive technology in China and demand that the government be notified of other transactions.

Business

Aug 9, 2023

Tata Power signs a contract for 2800 MW of pumped hydro storage projects with Maharashtra-thumnail

Tata Power signs a contract for 2800 MW of pumped hydro storage projects with Maharashtra

A Memorandum of Understanding (MoU) for the building of two pumped hydro storage projects (PSP) totalling $13,000 crore has been signed between Tata Power and the Maharashtra government. The two

Business

Aug 8, 2023

The top 7 cities’ luxury property prices increased by 24%-thumnail

The top 7 cities’ luxury property prices increased by 24%

According to research from Anarock Research, luxury property prices have increased by 24% in India’s top seven cities over the previous five years, outpacing the rise in the value of affordable housing. Luxury homes are in more demand as a result of the pandemic’s impact on housing choices, which has raised their price range.

Business

Aug 8, 2023

Pinterest and LiveRamp to Power Better Missions With Consistent Enactment in Extra Nations-thumnail

Pinterest and LiveRamp to Power Better Missions With Consistent Enactment in Extra Nations

LiveRamp, the main information coordinated effort stage, today reported an extended organisation with Pinterest, the visual motivation stage, to offer a superior worldwide mix for sponsors to internationally contact their

Business

Aug 8, 2023

Moody’s downgrades 10 US banks and warns of possible cuts to others-thumnail

Moody’s downgrades 10 US banks and warns of possible cuts to others

On Monday, rating agency Moody’s cut the credit ratings of a number of American banks and issued a warning that it was examining the situation of some of the major lenders in the country.

Business

Aug 8, 2023

Renesas to Obtain Cell IoT Innovation Pioneer Sequans Through Tender Offer-thumnail

Renesas to Obtain Cell IoT Innovation Pioneer Sequans Through Tender Offer

Renesas Gadgets Organization a head provider of cutting-edge semiconductor arrangements, and Sequans Correspondences S.A. (NYSE: SQNS, Sequans), a forerunner in 5G/4G cell IoT chips and modules, today reported that the two organizations have gone into a reminder of understanding (the MoU).

Business

Aug 7, 2023

Waaree Energies secures $1 billion in finance from ValueQuest-thumnail

Waaree Energies secures $1 billion in finance from ValueQuest

Solar panel producer Waaree Energies Ltd. has secured $1 billion in a fundraising round headed by investment company ValueQuest, which is renowned for focusing strategically on sustainable and forward-thinking businesses.

Business

Aug 7, 2023

US bank starts to pick its battles against new capital rules-thumnail

US bank starts to pick its battles against new capital rules

Since Washington regulators have unveiled a sizable reform package of post-financial crisis capital regulations, banking industry advisers are focusing on the provisions they see as most disruptive, such as risk

Business

Aug 7, 2023

Aramco Q2 benefit drops 38% to $30.1 billion, helps profit-thumnail

Aramco Q2 benefit drops 38% to $30.1 billion, helps profit

Saudi Middle Eastern state oil monster Aramco revealed a close to 38% drop in second-quarter net benefit on Monday amid more fragile oil costs and more slender refining and synthetic substances edges, as it supported its profit with another exhibition-connected payout.

Business

Aug 7, 2023


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