Miniso to Acquire Stake in China’s Yonghui for $889 Million
September 24, 2024: Miniso, a global retailer known for its affordable products, has announced plans to acquire a significant stake in Yonghui Superstores, a major Chinese supermarket chain.
Indian Ed-Tech Startup Physics Wallah Hits $2.8B Valuation Amid Sector Woes
September 24, 2024: Physics Wallah, a prominent Indian ed-tech startup, has secured a substantial valuation of $2.8 billion. This achievement is particularly noteworthy given the challenges
Middle Eastern Funds Invest Billions in Leading AI Startups
September 23, 2024: Middle Eastern investment funds are pouring billions of dollars into artificial intelligence (AI) startups, recognizing the technology’s transformative potential.
American Airlines Eyes Citigroup Over Barclays for Key Credit Card Deal
September 23, 2024: American Airlines is reportedly negotiating to select Citigroup as its preferred partner for a new credit card deal. The airline seeks to replace its existing credit card
Morgan Stanley: Apple Could Drop to $200 on iPhone Worries, Then Buy
September 19, 2024: Morgan Stanley, a prominent investment bank, has issued a forecast suggesting that Apple’s stock price could plummet to $200 per share.
Elon Musk: SpaceX to Sue FAA Over ‘Regulatory Overreach’
September 18, 2024: SpaceX, the aerospace company founded by Elon Musk, has announced its intention to sue the Federal Aviation Administration (FAA)
FanDuel Parent Flutter Eyes Global Growth with Major Buys in Italy, Brazil
September 18, 2024: Flutter Entertainment, the parent company of FanDuel, is actively pursuing international growth through strategic acquisitions in Italy and Brazil.
National Debt Interest Payments Exceed $1 Trillion as Deficit Grows
September 17, 2024: As of September 17, 2024, the interest payments on the United States national debt have exceeded $1 trillion for the first time in a fiscal year.
Pfizer’s Experimental Drug Shows Positive Results for Cancer-Related Weight Loss
September 16, 2024: Pfizer has announced positive results from a clinical trial of an experimental drug designed to treat a deadly condition that causes appetite and weight loss in cancer patients.
Junior Bridgeman to Buy Stake in Bucks, Valuing Team at $4B
September 12, 2024: Junior Bridgeman, a former NBA player and successful businessman, is acquiring a significant stake in the Milwaukee Bucks.
