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Energy Shock Reshapes Europe’s Power Choices as Rooftop Solar Demand Surges 04/23/2026

PwC to pay $166 million in Hong Kong to settle Evergrande claims 04/24/2026

Energy-Driven Inflation Anxiety Pushes US Consumer Confidence to Historic Lows 04/25/2026

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Business & Finance

Panasonic to Invest in "High-Tech Vegetables"

Japanese Panasonic Corporation continues to develop one of the most unusual areas of its business. Since last week, "high-tech" salad and vegetables are available in supermarkets, restaurants and resorts in Singapore. The products were grown on environmentally friendly "vegetable factory" built in...

Pfizer Allergen Giant Deal Attacked by Politicians in the US

Identifying the deal as an attempt to avoid legitimate taxes, politicians in the US have come down heavily on the $160 billion deal between drugs giant Pfizer's and botox-maker Allergan. According to the conditions of the buyout by Pfizer, it has been proposed that the merged company will...

‘Major Restructuring’ on the Cards for Rolls-Royce, Jobs to be Lost

A major restructuring program is on the cards for British engineering company Rolls-Royce said its new chief executive Warren East. The aero-engine maker was already under pressure to outline how it would return to growth after four profit warnings in just over a year. The company is now...

Petco to be Acquired by CVC Capital, CPPIB for $4.6 Billion

Funds affiliated with CVC Capital Partners and Canada Pension Plan Investment Board have entered into a definitive agreement to jointly acquire the Company from a group of investors led by TPG and Leonard Green & Partners, announced Petco Animal Supplies, Inc on Monday. The deal of...

Its Asia vs US in Green Car technology on US Turf

California is witnessing a unique battle of sorts among auto markers. In a bid to woo away green car buyers from Tesla Motors Inc, the battery electric vehicle leader, the Asian automakers are opening up a new front in the contest to define the future of cars. To tout new...

Pfizer Announces Allergen Buyout in the Historic Deal, Shifting Head Quarter to Ireland to Avoid Tax in the US

In a record deal for mergers and acquisitions, Pfizer Inc on Monday said it would buy Botox maker Allergan Plc for $160 billion. The company would also move its headquarters to Ireland to cut its U.S. tax bill. With a combined annual revenue of about $64 billion, the acquisition will...

Qualcomm Top Executive Snatched by Intel to Strengthen its Internet of Things Division

The rising popularity of the Internet of Things has given rise to a war for big companies. The hiring of Venkata “Murthy” Renduchintala of Qualcomm by Intel is a case in hand. Renduchintala has been made the new president of a newly created division for the Internet of Things at...

Supply and Technology Gap Weave Complex Tale for E-Textiles

While wearables are gaining popularity both among select range of customers and present innumerable opportunities for fashion designers, the supply chain isn’t up to speed. This is the outlook of a panel of wearable technology and fashion experts about the recent trends of wearabls....

All Three Major US Auto Manufactures Now Have Labor Pact with UAW

After a late push for support by United Auto Workers leaders, Ford Motor Co's U.S. union workers narrowly approved a four-year labor contract, the UAW said late Friday night. After more than a week of voting that concluded at U.S. operations of Ford (F.N) on Friday night, 51.3 percent of...

Amid New Inversion Clamp-down in the US, Pfizer Accelerates Talks of Allergan Takeover

As the U.S. Treasury prepared to clamp down further on such tax inversions, talks between Pfizer and Allergan for e takeover of the latter for a $150 billion deal would see the U.S. drug giant’s efforts to redomicile in Ireland accelerated on Wednesday. A person familiar with the...