According to Britain's antitrust regulator, Microsoft's revised $69 billion acquisition of Activision Blizzard "opens the door" to the clearance of the largest gaming merger in history.   Early in 2022, Microsoft announced the merger, but it was halted in April by Britain's competition...

By negotiating debt settlements with creditors, Chinese developers Sunac and Country Garden helped the crisis-stricken real estate market in certain ways, but pessimism over a rebound in housing sales continued to cloud the outlook.   After creditors accepted Sunac China Holdings' $9 billion...

Tens of billions of dollars in climate damage are sought for by the oil industries. According to The New York Times, California state officials accuse Shell, BP plc, Exxon Mobil, ConocoPhillips, and Chevron Corp. of defrauding the public by exaggerating the risks connected with fossil fuels and...

In their first day of trade on Thursday, the ADRs of British chip developer Arm Holdings increased by more than 17%. Arm raised $4.87 billion in an initial public offering (IPO), selling 95.5 million ADRs at $51 each. In the IPO, the company was valued at $54.5 billion. Arm equities' initial...

Google's trial over its hegemony in internet searches has started in the US. An antitrust case accusing Google of abusing its monopoly status in the Internet search industry and building artificial barriers for rivals is now discussed in the Washington court. "Google's contracts make it...

The US grocery delivery business Instacart intends to list shares at a price of $26-28 a share on the Nasdaq market. According to the IPO prospectus submitted to the U.S. Securities and Exchange Commission (SEC), the company, officially known as Maplebear Inc., will sell 7.9 million additional...

US auto dealer Asbury Automotive Group acquire its competitor Jim Koons, which will become the largest transaction in the industry since 2021, Asbury announced in a news release. Approximately $1.2 billion will be the deal's estimated value, according to MarketWatch. It's anticipated to close in...

The largest sovereign wealth fund in the world, the Norwegian Sovereign Fund, decided to close its only office in China while keeping its interests there. The fund's Shanghai branch had been operational since November 2007, according to the bank’s statement. It now employs eight people. The fund...

Despite positive signs that core inflation is beginning to slow, Philip Lane of the European Central Bank cautions of an impending time of high uncertainty. In an interview with The Currency website, Philip Lane echoed ECB President Christine Lagarde's call for colleagues to be "humble" in...