The Federal Trade Commission has sued to block U.S. chip supplier Nvidia Corp.’s $40 billion acquisition of the SoftBank Group Corp.-backed UK chip design provider Arm. FTC Bureau of Competition Director Holly Vedova said the proposed vertical deal could offer the influential chipmaker control over the computing technology and designs relied on by the rivals…
S&P Global, IHS Win US Antitrust Approval for $44 Billion Deal With Conditions
WASHINGTON—Business information provider S&P Global Inc. and IHS Markit Ltd have won U.S. antitrust approval for their planned merger, on condition it sells some businesses and scraps a non-compete agreement with GasBuddy, the Justice Department said in a statement. The $44 billion deal was initially announced in November 2020. To win approval for the deal,…
MSG Entertainment Clocks 73 Percent Revenue Growth in Q1
Madison Square Garden Sports Corp. (MSGS) and Madison Square Garden Entertainment Corp. (MSGE) forged a multi-year marketing partnership with BetMGM, naming the sports betting and gaming entertainment company an Official Sports Betting Partner of the New York Knicks, New York Rangers, and Madison Square Garden Arena. Madison Square Garden Entertainment reported first-quarter FY22 revenue growth…
EVgo Shares on the Move Following Expanded GM, Uber Partnerships
EVgo Inc. shares are rallying Tuesday in response to expanded partnerships announced by the company. EVgo Raises Charging Site Build Target Under Expanded GM Deal California-based EVgo, which operates a public fast-charging network for electric vehicles (EVs), announced an expansion to the fast-charging infrastructure buildout collaboration with General Motors Company. To meet the growing demand…
ViacomCBS, Twitter Forge Premium Digital Content Deal
ViacomCBS Inc. and Twitter Inc. forged a new, multi-year global agreement to deliver premium digital content around ViacomCBS’ live events, hit shows, and franchises from the company’s portfolio of entertainment, news, and sports brands. The financial terms of the deal remain undisclosed. The partnership covers all global markets in which the companies operate. Paramount+ will…
Get a One-Year Membership to Sam’s Club at a Special Discount Price
Membership to Sam’s Club gives you access to great products at great prices, so getting the first year of your membership at a discount is a steal. Plus, with this special membership deal, you’ll get dinner and dessert thrown in for free. A one-year membership to Sam’s Club normally runs $45, but for a…
Swiss Banks Expect Market Access Deal With Britain in 2022: NZZ
ZURICH—The head of the Swiss banking lobby expects his country to strike a deal with Britain next year to open up the financial sector to cross-border business, he told the NZZ newspaper in an interview published on Wednesday. Both countries, which are outside the European Union, are negotiating an accord for market access by banks…
US Drops Tariff Threat in Digital Tax Transition Deal With European Countries
October 23, 2021
admin
Asia & PacificBusiness & EconomyCompaniesdealdigitalEconomieseconomyEuropeEuropeanIndiaInternationalLocal NewsMedia & Big TechMiddle EastRegional-Local NewsSocial MediaSouthern CaliforniatarifftaxTechTech NewsthreatUKUSUS NewsWorld
0 Comment
PARIS/WASHINGTON—The United States on Thursday withdrew its threat of tariffs against five European countries over their digital services taxes as part of a deal to manage the transition to a new global tax regime for large highly profitable corporations. Austria, Britain, France, Italy, Spain will get to keep their digital taxes in place until a…
Asda’s $1 Billion Deal to Sell Petrol Forecourts to EG Group Terminated
LONDON—Asda, the British supermarket chain, and EG Group have terminated a deal that would have seen EG buy Asda’s petrol forecourts for 750 million pounds ($1.03 billion), the two companies said on Monday. Both Asda and EG are owned by Zuber and Mohsin Issa and private equity group TDR Capital. The deal was initially struck…
Emerson to Merge Software Units With AspenTech in $11 Billion Deal
Industrial-automation systems maker Emerson Electric Co. said on Monday it would merge its software units with smaller rival Aspen Technology in a deal for about $11 billion. The cash-and-stock deal is for about $160 per AspenTech share, the company said.
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`