Global deal-making in 2022 will continue to be as fiery as it was in 2021. The year 2021 remained a record-breaking year for Mergers and Acquisition (M&A) deals as there…
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Year: 2021
Samsung BioLogics Rubbishes Report That It Is In Talks To Acquire Biogen
Samsung BioLogics, on Thursday, denied the media report that claimed the South Korean firm is in talks to buy U.S. drugmaker Biogen Inc for more than $40 billion. “Samsung is…
US Inflation: Experts Believe It Is Here To Stay
American consumers are coping with the highest inflation rate in nearly four decades. Now they have to shell out more dollars from their pockets for everything from rent to the…
U.S. Home Price Surges 18.4% In October; Phoenix, Tampa, Miami See Highest Increase
Home prices in the United States surged in October, underpinning the boom in the property market even after last year’s coronavirus recession. The S&P CoreLogic Case-Shiller 20-city home price index…
S&P 500 Hits Fresh Record High In Beginning Of Concluding Trading Week Of 2021
U.S. stock indexes entered the final week of trade of the year at a positive note amid mounting omicron Covid-19 variant cases. The S&P 500 gained almost 1%, while the Dow…
PCE Price Index: Consumer Prices Jumped 5.7% In Last 12 Months, Highest In 39 Years
U.S. consumer prices jumped 5.7% over the last 12 months ending November, the rapid increase in 39 years. Americans have received the gift of inflation this holiday season that is…
US Consumer Confidence Boosts Despite Rising Omicron Cases
U.S. consumer confidence saw a boost this month as it seemed Americans brushed aside their fear of the highly infectious Omicron variant of coronavirus and the inflation. The Conference Board,…
McDonald’s Sells 2019 Acquired Dynamic Yield To Mastercard
McDonald’s on Tuesday announced that it has agreed to sell its state-of-the-art personalization platform and decision engine company, Dynamic Yield, to Mastercard for an undisclosed sum. Liad Agmon and Omri…
Omicron Fear Brings Bloodbath In Global Market Today; S&P 500, Dow Jones, NASDAQ Composite Tumble
The beginning of the trading week witnessed a global financial market slump, and Wall Street entered the fray as investors were concerned about increasing omicron variant infections, inflation, and other…
Shares Of FedEx Rise Over Better-Than-Expected Q2 Earnings
Shares of FedEx Corporation surged on Friday after the world’s biggest package delivering company posted better-than-expected fiscal second-quarter earnings and announced a $5 billion share repurchase program. In the quarter…