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Nikola Says Partnership Talks With GM On Track; Shares Gain

Electric truck startup Nikola said that it is continuing its discussions to try and ink a $2 billion deal with General Motors, sending …

Alibaba, Richemont To Invest $1.1B In Farfetch For China Push; Stock Up 323% YTD

Alibaba and Swiss luxury brand group Richemont have teamed up to invest $1.1 billion in fashion retail platform Farfetch to meet the growing …

McDonald’s Quarterly Sales Outperform On Pent-Up Drive-Thru Demand

Shares of McDonald’s rose 1.7% in Monday’s early market trading as increased demand at its drive-thru outlets during the pandemic helped the burger …

Canada’s Canopy Growth Pops 12% On Blowout Quarter, Cost Cuts

Shares of Canopy Growth surged as much as 12% in Monday’s pre-market trading as the world’s biggest pot producer posted a better-than-feared quarterly …

Orange Buys 54% Stake In Telekom Romania For $318M; Street Sees 29% Upside

France’s Orange SA has signed a deal to buy a controlling 54% stake in Telekom Romania Communications (TKR) from Deutsche Telekom’s OTE, in …

Activist Investor Elliott Management Builds Stake In F5 Networks – Report

Activist investor Elliott Management has built up a stake in F5 Networks and spoken to the software provider’s management in recent weeks to …

Amazon To Splash Out $2.8M On Data Centers In India

Amazon announced plans to build a second infrastructure region in India by mid-2022, to meet the demand for increased adoption of its cloud …

AIG Mulls IPO Or 19.9% Stake Sale Of Life, Retirement Unit; Wells Fargo Raises PT

American International Group announced on Friday that it is weighing an initial public offering or private sale of up to 19.99% of its …

Volkswagen’s Traton In $3.7B Deal To Snap Up Navistar; Street Says Hold

Volkswagen’s truck unit Traton has finally reached an agreement to snap up Navistar International in an $3.7 billion equity deal to expand its …

Livent Pops 15% On Lithium Joint Venture, Tesla Contract Extension

Shares of Livent Corp. jumped 15% on Friday after the lithium producer announced a deal to buy Canada’s ailing Nemaska Lithium and secured …

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