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January 20, 2021


UPDATE 1-Thyssenkrupp shares rise on steel spin-off report

(Adds context) FRANKFURT, Jan 18 (Reuters) – Shares in Thyssenkrupp rose on Monday as traders pointed to a Bloomberg report which said that the group was considering a spin-off of its steel business, citing people familiar with the matter. Thyssenkrupp said that in addition to a potential sale of the......

UK’s Deliveroo raises $180 million from investors, valued at $7 billion

FILE PHOTO: A courier for food delivery service Deliveroo rides a bike in central Brussels, Belgium January 16, 2020. Picture taken January 16, 2020. REUTERS/ Yves Herman LONDON (Reuters) – British food-delivery company Deliveroo said on Sunday it had raised a further $180 million from existing investors, including minority shareholder......

Canada’s Couche-Tard drops Carrefour takeover plan, companies say

Jan 16 (Reuters) – Canada’s Alimentation Couche-Tard and European retailer Carrefour SA, have decided to extend their discussions to examine opportunities for operational partnerships, after Couche-Tard dropped its bid to acquire Carrefour, the two companies said in a joint statement on Saturday. (Reporting by Ann Maria Shibu in Bengaluru Editing......

GM to invest C$1 billion in Canada plant to manufacture electric vans

FILE PHOTO: The General Motors Co (GM) CAMI assembly plant is seen in Ingersoll, Ontario, Canada October 13, 2017. REUTERS/Chris Helgren (Reuters) – General Motors Co and labor union Unifor said on Friday they have reached a tentative deal for the automaker to invest nearly C$1 billion ($785.42 million) in......

Startup fund Y Combinator increases global reach, diversity of entrepreneurs

(Reuters) – Y Combinator, Silicon Valley’s prominent incubator and startup fund, has half of its latest class of entrepreneurs from outside of the United States, more than ever before, as the pandemic has pushed all of its work online, Managing Director Michael Seibel said Thursday at the Reuters Next conference.......

Foreign takeover of Carrefour a ‘major difficulty’ for govt, says Le Maire

FILE PHOTO: Bruno Le Maire, French Minister of the Economy, Finance, and Recovery, wearing a protective face mask, leaves following the weekly cabinet meeting at the Elysee Palace in Paris, France, October 21, 2020. REUTERS/Gonzalo Fuentes PARIS (Reuters) – French Finance Minister Bruno Le Maire said a foreign company purchasing......

Visa, Plaid call off $5.3 billion deal

FILE PHOTO: A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration (Reuters) – Visa and financial technology company Plaid said on Tuesday that they would terminate their $5.3 billion merger agreement following a U.S. government lawsuit aimed at stopping......

Amazon files appeal with Indian court in Future Retail dispute – source

FILE PHOTO: The logo of Amazon is pictured inside the company’s office in Bengaluru, India, April 20, 2018. REUTERS/Abhishek N. Chinnappa/File Photo NEW DELHI (Reuters) – Amazon.com Inc has filed an appeal with an Indian court in an ongoing dispute against local partner Future Group’s plan to sell its retail......

BeiGene, Novartis partner to develop cancer drug tislelizumab

FILE PHOTO: People enter a building of biotechnology firm BeiGene Ltd at the Suzhou Industrial Park in Suzhou, Jiangsu province, China November 22, 2019. Picture taken November 22, 2019. REUTERS/Stringer (Reuters) – China-based biotechnology company BeiGene Ltd said on Monday it will partner with Swiss firm Novartis AG to develop,......

Yanks add Chacín, 2 others on Minors deals

Thomas Harrigan MLB – For more and to sign up click here The Yankees have signed right-hander Jhoulys Chacín, left-hander Tyler Lyons and outfielder Socrates Brito to Minor League contracts. Chacín has the most MLB experience of the three, appearing in 12 big league seasons and throwing 1,324 innings in......

The Challenge’s Jordan Wiseley Disputes Ex Tori Deal’s Claims About Their Break Up – E! Online

It’s a he said, she said situation. Jordan Wiseley of The Challenge took to his Instagram Story to dispute allegations that ex Tori Deal made about their breakup. Jordan and… E! Online – For more and to sign up click here To Return to the Main Aggregate News Page –......

In early Apple talks, Hyundai keeps mum on electric vehicle tieup report

By Heekyong Yang, Hyunjoo Jin SEOUL (Reuters) – South Korea’s Hyundai Motor Co said on Friday it was in early talks with Apple after a domestic broadcaster said the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%. FILE PHOTO: The Apple Inc logo is......

Hyundai Motor says it is in early talks with Apple, shares surge 24%

SEOUL/SAN FRANCISCO (Reuters) – Hyundai Motor Co said it in was in early discussions with Apple after Korea Economic Daily TV reported that the two were in talks to cooperate on electric cars and batteries, sending Hyundai’s shares surging 24%. “Apple and Hyundai are in discussions but they are at......

Achronix to go public through $2.1 billion SPAC deal

(Reuters) – Achronix Semiconductor Corp said on Thursday it has agreed to go public through a merger with blank-check firm ACE Convergence Acquisition Corp in a $2.1 billion deal, as it looks to invest in new products and drive growth. The combined company, which is expected to be listed on......

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