Business - Page 3

Qatar Airways is discussing with plane makers Airbus and Boeing for a significant wide-body order, its CEO said on Monday.

June 3, 2024

Business

Qatar Airways in talks with Airbus and Boeing for orders

On Thursday, a U.S. bankruptcy magistrate agreed to WeWork's Chapter 11 bankruptcy plan, letting the shared office space provider eliminate $4 billion in debt and hand the firm's equity over to a group of lenders and real estate technology firm Yardi Systems.

May 30, 2024

Business

WeWork’s chapter 11 bankruptcy plan approved, cutting $4bn in debt

On Wednesday, Goldman Sachs Asset Management's alternative investments platform stated that its latest fund had raised around $20 billion for senior direct lending.

May 29, 2024

Business

Goldman Sachs raises over $20bn for senior direct lending fund

Proxy advisory company Glass Lewis said on Saturday it had advised Tesla shareholders to abandon a $56 billion pay package for Chief Executive Officer Elon Musk. This would be the most significant pay package for a CEO in corporate America if passed.

May 26, 2024

Business

Controversy surrounds Elon Musk’s proposed pay package

Google's parent Alphabet's potential purchase of HubSpot, a U.S. marketing software designer with a market value of $31 billion, would increase its capacity to compete against Microsoft in offering cloud-based applications to businesses.

May 23, 2024

Business

Google reportedly exploring acquisition of HubSpot

Biogen said on Wednesday it had decided to purchase privately owned Human Immunology Biosciences for up to $1.8 billion, gaining access to targeted therapies for patients with intense immune-related illnesses.

May 22, 2024

Business

Biogen acquires Human Immunology for $1.8bn

Ether was set for its most crucial two-day increase in nearly two years, and Bitcoin approached a record high on Tuesday, based on belief about the outcome of applications for U.S. spot exchange-traded funds that track the planet's second-biggest cryptocurrency.

May 21, 2024

Business

Ethereum and Bitcoin prices surge

A U.S. Senate report said on Monday that German automaker BMW imported at least 8,000 Mini Cooper cars into the United States with electronic parts from a banned Chinese supplier.

May 20, 2024

Business

BMW involved in Uyghur forced labor scandal

The US United Autoworkers Union (UAW) has lost its campaign to boost membership to car plants in the American South.

May 19, 2024

Business

Mercedes-Benz workers in Alabama reject unionization effort

Apple is developing a narrower version of the iPhone that will probably be launched by 2025. The information was reported on Friday, quoting three knowledgeable individuals about the project.

May 17, 2024

Business

Apple’s potential thinner iPhone version: higher price, September 2025 launch expected

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