
Amazon to acquire One Medical for $3.9B to expand healthcare biz
Jul 22, 2022 10:09 am UTC| Business Economy
Amazon acquired One Medical healthcare company via an all-cash deal worth $3.9 billion. The purchase was announced by the e-commerce firm on Thursday, July 21. As per CNN Business, One Medical is a membership-based...

Marks & Spencer finance chief resigns to move to AB Foods
Jul 22, 2022 09:55 am UTC| Business Economy
Marks Spencer announced on Thursday, July 21, that Eoin Tonge, its chief financial officer, is leaving the company. It was revealed that the executive is set to move to Associated British Foods to take up a new...

Toss buys Merchant Korea mobile virtual phone network operator
Jul 22, 2022 09:34 am UTC| Business Economy
Toss, a South Korea-based mobile financial service platform operated by Viva Republica fintech startup, has acquired the mobile virtual network operator Merchant Korea. The acquired firm provides wireless communication...

Samsung SDI investing ₩1.7T to build battery plant in Malaysia
Jul 22, 2022 09:10 am UTC| Business Economy
Samsung SDI is building a new facility in Malaysia, and it will be for the companys battery production. The ground-breaking ceremony was already held on Thursday, July 21. Samsung SDI is investing ₩1.7 trillion or...

Hyundai Oilbank scraps IPO plans
Jul 22, 2022 07:59 am UTC| Business Economy
Hyundai Oilbank, a petroleum and refinery company, headquartered in Seosan, South Korea., ditched its plans to go public due to the stagnant stock market. The company, which is the refining arm of Hyundai Heavy Industries...

China’s DiDi fined over $1 billion for data security laws violation
Jul 22, 2022 07:42 am UTC| Business Economy
DiDi, the Chinese vehicle for hire company headquartered in Beijing, has been fined by its countrys own cybersecurity authority. The company is being ordered by the Cyberspace Administration of China (CAC) to pay a hefty...

Goodyear to supply tires to GM, Lockheed Martin mobility vehicle for lunar travel
Jul 22, 2022 07:25 am UTC| Business Economy
Goodyear Tire Rubber Company already has experience in making tires for trips in space. In fact, it has teamed up with the National Aeronautics and Space Administration twice - during NASAs Surveyor Program in 1966 and in...