Category: Business
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Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.
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Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.
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WuXi Biologics to Sell Irish Vaccine Facility to Merck for $500 Million
WuXi Biologics’ move to sell the facility could strengthen the company’s cash flow and margins as it navigates global uncertainties.
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These EV ‘Battery Belt’ Towns Are Betting Trump Won’t Ditch Them
Ford, Hyundai and other carmakers are cranking up new EV battery factories, while uncertainty looms over Biden-era subsidies for them.
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Auto & Transport Roundup: Market Talk
Read about Tesla, European airlines and more in the latest Market Talks covering the Auto and Transport sector.
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Financial Services Roundup: Market Talk
Find insight on the hottest housing market in 2025, Banco BPM, Partners Group, and more in the latest Market Talks covering Financial Services.
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Paychex to Acquire Competitor Paycor HCM
Payroll-services company Paychex is acquiring rival Paycor HCM in a deal with an enterprise value of about $4.1 billion.
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U.K. Competition Watchdog Prepares to Investigate Tech Giants Under New Rulebook
The regulator said it would open investigations into at least three types of tech platforms at the start of this year to work out which tech giants need to obey a new law governing the digital economy.
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Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.
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Shein’s Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.