Lighting solutions provider Acuity Brands (AYI) reported a profit decline for the third quarter, in line with the sluggish lighting market. Profit was hurt by…
Aircraft makers Boeing (BA) and Embraer are close to entering into a strategic tie-up, creating synergies that would give them a significant competitive advantage over…
The US government recommended that China Mobile be denied permission to enter the US telecom market due to national security concerns. The National Telecommunications and…
Shares of Adamis (ADMP) have been punched hard for several months due to the company’s inability to find a partner to commercialize its injector prefilled…
Facebook (FB) is planning to buy British AI start-up Bloomsbury AI in an expected cash-and-stock deal that could be worth around $30 million. Bloomsbury is…
Nissan Motor has called off the deal to sell its battery-manufacturing unit, Automotive Energy Supply Corporation, to Chinese firm GSR Capital for $1 billion. The…
There could not have been a better period than the last decade for the concept of virtual money to bloom and flourish, both in terms…
MiMedx Group (MDXG) stock plunged about 38% to a yearly low of $3.80 on Monday. The stock was battered by the refinement of the company’s…
Nestle SA is planning to acquire a majority stake in Canadian pet foods company, Champion Petfoods, for over $2 billion. There is no guarantee that…
Earlier this year, Mercedes-Benz unveiled a new electric car that is said to be intended to meet several transportation requirements. Recently, the automaker had unveiled…
