Walmart Plans to Sell $1.6 Billion Stake in Seiyu
The sale of its 85% interest in the supermarket chain would almost completely divest Walmart’s interests in Japan.
Browsing Category
CEO News
SpaceX Launches Astronauts in First Private Space Flight
The flight forms the first part of a six-month mission, which will be conducted using a commercial spacecraft for the first time.
Moderna’s Stock Rally Makes Bob Langer a Billionaire
The MIT engineer’s 3% stake in the company has reaped enormous profits as progress on its COVID-19 vaccine continues.
WHSmith to Shut Stores Following £280 Million Loss
The UK high street mainstay is looking to make permanent cutbacks to address its COVID-19 damages.
IEA: Renewables Surge, Oil in for Glacial Recovery
While investor appetite for renewable energy continues to soar, oil may not recover until well into 2021.
Alibaba Generates $70.6 Billion in Singles’ Day Sales
The Chinese tech giant boasted eye-popping sales, but the event was overshadowed by looming anti-monopoly regulations.
Huawei to Sell Honor Smartphone Division for $15 Billion
A consortium of Chinese companies and government bodies will help the telecoms giant to refocus its business under US sanctions.
McDonald’s to Introduce Plant-Based Fast Food
The “McPlant” burger will join a line of plant-based substitutes for chicken and breakfast sandwiches on the McDonald’s menu.
Business Leaders Congratulate President-Elect Biden
Chief executives and company heads across the US have called for unity following a contentious election.
Pfizer Finds COVID-19 Vaccine Candidate to be 90% Effective
Pfizer and BioNTech stock is expected to surge following a breakthrough in their Stage 3 vaccine trials.