Stocks in Ted Baker Plc have plummeted as much as 15% following news that the fashion chain had significantly overstated its inventory of unsold goods.
The local transport authorities have revoked Uber's license to operate in London following an alleged stint of uninsured and unlicensed Uber trips across the city.
Originally rumoured around $14.5 billion, Louis Vuitton’s parent company and the biggest luxury goods company in the world, LVMH has secured Tiffany & Co. in a $16 billion takeover.
One of the world’s most successful co-founderships, Hewlett-Packard aka HP has recently rejected a takeover offer from Xerox, a rivalling print multinational.
In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. This is the story of Adam Neumann, Softbank's risky investment, a failed IPO and how we got here.
KKR & Co. has formally approached drugstore giant Walgreens Boots Alliance Inc. about a deal to take the company private, in what could be the biggest-ever leveraged buyout, people familiar with the matter said.
Bolt, a leading European on-demand transportation platform and strong rival to Uber, recently launched a dedicated environmental impact fund with seed capital of €10 million aimed at initiatives which deliver global social and environmental benefits.
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