Kape Technologies is considering leaving the UK stock exchange and going private in an acquisition deal that is valued at £1.25 billion.

Citigroup is nearing the sale of its Mexican retail bank in a deal that could value it at up to $8bn despite government interference scaring off potential bidders and driving down the price of the unit. Billionaire Germán Larrea, who owns Mexico’s largest mining company Grupo México, is in exclusive talks to purchase Banamex, according to three people familiar with the matter.

Ford Motor Company said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China.

The United States government has agreed to purchase another 1.5 million Covid-19 vaccines from the company Novavax Inc.

The world’s six biggest oil and gas titans reported record profits for 2022 in the past week, doubling their combined net earnings from 2021 and booking the best-ever year for Big Oil. Combined, the net profits of Exxon, Chevron, BP, Shell, Equinor, and TotalEnergies surged to $219 billion for 2022, up from around $100 billion booked for 2021, as oil and gas prices surged following the Russian invasion of Ukraine and majors raised oil and gas production to meet growing demand for oil and limited gas supply from Russia to Europe.

Bed Bath & Beyond is making a last-ditch effort to avoid bankruptcy by turning to the public markets for new cash.

Two of the world’s biggest gold miners are discussing the possibility of acquisition which would result in the largest acquisition of this year so far.

CVS is close to an agreement to acquire Oak Street Health for about $10.5 billion including debt, a deal that would rapidly expand the big healthcare company’s footprint of primary-care doctors with a large network of senior-focused clinics.

Dell announced on Monday that the long-time computer manufacturing company intends to cut 6,650 jobs or roughly 5% of its workforce according to a recent SEC filing.

Two massive earthquakes struck Turkey and Syria leaving 2,800 buildings destroyed, 10,000 people injured, and an estimated 3,800 dead.

Up to half a million British teachers, civil servants, train drivers and university lecturers have walked off their jobs to demand better pay and working conditions in the largest coordinated strike action in a generation as wages fail to keep pace with soaring inflation.

Ford Motors has announced price cuts of the manufacturer’s Mustang Mach-E where some versions of the vehicle received price cuts of 8.8%.

It has been a rough start to the year for electric van manufacturer Arrival as the UK-based company announced it will cut jobs to reduce costs.

Royal Philips, the Dutch health technology conglomerate has announced that the company intends to cut 6,000 jobs by 2025.

Apple to post its first year-over-year revenue decline since 2019′s March quarter when it reports earnings on Thursday. There are a few contributing factors.

More Americans are falling behind on their car payments than during the financial crisis. In December, the percentage of subprime auto borrowers who were at least 60 days late on their bills rose to 5.67%, up from a seven-year low of 2.58% in April 2021, according to Fitch Ratings.

Tesla recently cut prices for a few of the company’s most popular models throughout the United States which have sent shockwaves through the car market.

In the most recent event of tech layoffs, Spotify has announced its intentions to terminate 600 employees (roughly 6% of the 1,000-employee workforce) for cost-cutting reasons following the covid-19 pandemic.

The US Justice Department is poised to sue Alphabet Inc.’s Google as soon as Tuesday regarding the search giant’s dominance over the digital advertising market, according to people familiar with the matter.

Salesforce will probably be urged by activist investors Elliott Investment Management and Starboard Value to cut more jobs, make changes to the board and spin off big acquisitions in search of greater profit, Wall Street analysts said.

Alphabet announced on Friday that the company will reduce its workforce by 6% resulting in layoffs of 12,000 employees. With recent layoffs within the tech sector, many have seen this coming but numerous employees were shocked by the sheer volume of layoffs in addition to how they were notified.

Boeing reported an over $650 million operating loss in the fourth quarter, taking many Wall Street analysts by surprise who had anticipated that the aerospace giant would turn a quarterly profit.

Microsoft is announcing big job cuts today, affecting 10,000 employees. In a memo, Microsoft CEO Satya Nadella says the company will be “making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3.”

Microsoft plans to cut jobs in a number of engineering divisions on Wednesday, according to a person familiar with the matter, joining the ranks of technology giants that are scaling back as the industry prepares for a prolonged slump in demand.

Microsoft is looking to invest $10 billion into a San Francisco-based research group known as OpenAI. Microsoft is seeking to make a deal with the research group out of the belief that their work on AI has the potential to completely revolutionize the way we interact with computers.