Tag Archives: technology
JPMorgan to back KKR’s 45 billion euro financing in TIM deal -paper
MILAN (Reuters) - U.S. fund KKR's proposal to buy Telecom Italia (TIM) includes a letter of commitment by JPMorgan to support the 45 billion euros ($51 billion) financing needed for the deal, Italian ...
Nov 30, 2021
Battery maker Factorial Energy enters investment deal with Daimler, Stellantis
(Reuters) - U.S. based Factorial Energy said on Tuesday it had entered into agreements with Daimler AG owned Mercedes-Benz and Stellantis NV, in a bid to commercialize its battery technology. Under th...
Nov 30, 2021
Bitcoin miner Griid Infrastructure to go public via $3.3 billion SPAC deal
(Reuters) - Bitcoin miner Griid Infrastructure will go public by merging with blank-check firm Adit EdTech Acquisition Corp in a deal valuing the combined company at about $3.3 billion. Griid Infrastr...
Nov 30, 2021
Britain directs Facebook to sell GIF maker Giphy
(Reuters) - Britain's competition regulator said on Tuesday it has directed Facebook owner Meta Platforms to sell animated images platform Giphy after finding that the deal could harm social media use...
Nov 30, 2021
Germany’s DB Schenker to order 1,500 electric trucks from Sweden’s Volta
By Nick Carey LONDON (Reuters) - Deutsche Bahn's logistics unit Schenker will order almost 1,500 electric trucks from startup Volta Trucks to transport goods from European terminals into city centres ...
Nov 30, 2021
LG Energy Solution receives preliminary approval for its IPO -Korea Exchange
SEOUL (Reuters) -South Korea's LG Energy Solution (LGES) has received preliminary approval for its initial public offering, the Korea Exchange said on Tuesday. LGES, LG Chem Ltd's wholly owned battery...
Nov 30, 2021
South Korea set to delay crypto taxation by one year to begin in 2023
SEOUL (Reuters) - South Korea's finance ministry said on Tuesday the National Assembly passed a bill on pushing back the planned taxation of capital gains from cryptocurrency trading by one year. Once...
Nov 30, 2021
Sweden’s Ericsson sees 660 million 5G subscriptions by year end
STOCKHOLM (Reuters) - Sweden's Ericsson on Tuesday raised its global forecast for 5G mobile subscriptions to 660 million by the end of this year, citing stronger than expected demand in China and Nort...
Nov 30, 2021
Exclusive-Vietnam’s Vingroup seeks $1 billion from global investors for car unit – sources
By Anshuman Daga SINGAPORE (Reuters) - Vietnam's largest conglomerate Vingroup is in talks with investors, including Qatar's sovereign fund and BlackRock, to privately raise about $1 billion in equity...
Nov 30, 2021
Volvo Cars sees supply situation improving after Q3 profit drop
STOCKHOLM (Reuters) -Automaker Volvo Cars said on Tuesday thesupply situation had improved going into the fourth quarter, as it posted its first quarterly report after listing its shares on the stock ...
Nov 30, 2021
Sun Jul 5
Green Bay, WI, USA
78°FFeels Like: 78°F
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Humidity: 50%
