Uber is in advanced stages of its talks to sell its Uber Eats business to a local rival, Zomato. The main reason behind this is that the ride-hailing giant wants…
Power-Sharing Deal got Sealed between Army and Civilians in Sudan
An iconic power-sharing deal has been signed between Sudan’s civilian opposition alliance and ruling military council. With the agreement in place, the new government will include both civilians and generals…
By Arpa Chatterjee August 23, 2019
Sweethearts manufacturer will close
The parent company of the manufacturer that makes Necco and Sweethearts announced over the weekend that has closed abruptly. Round Hill Investments, the parent company, reported that it will sell…
By Ben Norman July 31, 2018
Qualcomm Will Stop Pursuing NXP
Qual-lateral damage Qualcomm announced in October 2016 that it would acquire NXP for $47 billion. However, the company is still awaiting China’s approval of the deal. Because of this,…
By Ben Norman July 26, 2018
Atos acquires Syntel in IT-merger
French IT firm Atos acquired US IT firm Syntel this weekend, a deal worth $3.4 billion. The deal will give Atos exposure to US firms and better equip the company…
By Ben Norman July 23, 2018