According to Bloomberg, European aerospace company Airbus SE is in negotiations to sell more than 100 wide-body A330neo aircraft to significant Chinese airlines. They claim that delivery dates have not been determined and that the conditions of the agreements are still being debated. Bloomberg's...

The leading designer and producer of semiconductor components in Europe, STMicroelectronics, plans to construct a €5 billion factory in Italy. According to STMicro's news statement, the factory is set to be erected in Catania, Sicily, with the backing of the Italian government, which will provide...

American pharmaceutical company Merck & Co. has entered into an agreement to acquire EyeBio, a startup that develops medications for treating eye disorders, reports the Financial Times referring to a statement made by David Guyer, the head of EyeBio. Merck has agreed to pay $1.7 billion...

According to a statement from the buyer, US pipeline behemoth Energy Transfer has agreed to pay $3.25 billion to acquire WTG Midstream Holdings from companies connected to Stonepeak, Davis Estate, and Diamondback Energy. Energy Transfer will make cash payment of $2.45 billion and settle the...

Amazon Web Services is in negotiations with Italian authorities about investing "billions of euros" to expand its cloud service infrastructure, writes Reuters referring to sources. The newspaper writes that discussions regarding an investment of "billions of euros" to develop infrastructure in...

Irfaan Ali, the president of Guyana, would be pleased to see US-based Chevron Corp. acquire shares in the company running the Stabroek Block oil project off the coast of the state, he told the Financial Times. According to the publication, Stabroek Block is one of the most "money-making" projects...

The Wall Street Journal reports that China has established a 344 billion yuan ($48 billion) fund to support the growth of the semiconductor industry. Establishment of this fund is the third stage of the industrial support project. Its resources will be twice as large as the funds allotted in the...

Employers are growing more hesitant to hire members of the class of 2024, compounding the already difficult job market.   Indeed, according to a recent study of 1,268 business executives in the U.S. by higher education website Intelligent.com, 64% of employers stated they had grown...

The Information published a story on Saturday stating a presentation given to investors by American billionaire Elon Musk, who recently informed them that his artificial intelligence firm, xAI, intends to construct a supercomputer to power the next iteration of its AI chatbot, Grok.  ...