The Italian competition regulator has opened an in-depth investigation into Swisscom’s acquisition of Vodafone Italia.
Category: News
SpaceX Astronauts Set for Private Spacewalk
Billionaire Jared Isaacman is helping to fund the first-ever commercial spacewalk that will test new SpaceX-designed suits.
The Family Rift Driving Rupert Murdoch to Redo His ‘Irrevocable’ Trust
A yearslong succession drama is heading for its series finale in a Nevada court. The four oldest children are facing off over control of media […]
Nine CEO to Leave Ahead of Report on Media Group’s Workplace Culture
Nine Entertainment Chief Executive Mike Sneesby will step down at the end of the month ahead of the release of an independent review into the […]
Top Jeep Dealers Blame CEO for ‘Disastrous Choices’
A sharply worded letter from a dealer advisory group to Stellantis Chief Executive Carlos Tavares urged action on sagging sales.
Squarespace Gets Sweetened $7.2 Billion Offer From Permira to Go Private
The new offer price is 5.7% higher than the previous agreement announced in May.
Starboard Calls on News Corp to Scrap Dual-Class Share Structure
The activist investor said the share structure gives too much influence to the family of company founder Rupert Murdoch.
Battery Maker Northvolt to Cut Jobs Amid Cooling EV Market
Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global […]
OCI to Sell Methanol Business for $2 Billion
Netherlands-based OCI Global has agreed to sell its methanol business to Canada’s Methanex for $2 billion as part of its continuing efforts to pare debt.
Midea Moves Ahead With Hong Kong’s Likely Biggest Listing This Year
Chinese appliance maker Midea Group has started taking orders from investors for an initial public offering to raise up to US$3.46 billion in Hong Kong.