U.S. blank-check company Union Acquisition Corp II on Wednesday said it will buy Latin American softgel maker Procaps Group for an enterprise value of $1.1 billion, the latest deal in Wall Street's SPAC acquisition frenzy.
Dozens of Black executives at U.S. companies, including Merck & Co Chief Executive Officer Kenneth Frazier, are calling on corporations to push back against a wave of new restrictive voting-rights bills, the New York Times reported on Wednesday.
South African cash-strapped Land and Agricultural Development Bank missed a March 31 deadline to conclude a debt restructuring plan with lenders, the state-owned company said on Wednesday.
Hydrogen plane startup ZeroAvia said on Wednesday it had secured $24.3 million in a third funding round from investors, including British Airways, which it will use to develop a regional zero-emissions aircraft that can seat more than 50 people.
German chemicals group Bayer is preparing to kick off the sale of pest control unit Bayer Environmental Science (BES) this summer with a price tag potentially topping 2 billion euros ($2.4 billion), people close to the matter said.
H&M reported a quarterly loss on Wednesday and said that it was dedicated to regaining the trust of shoppers in China following a recent backlash there after comments it made last year the on the Xinjiang region.
H&M said on Wednesday its commitment to China remained strong and it was dedicated to regaining shoppers' and partners' trust following a recent backlash in the country against comments it made in 2020 on China's Xinjiang region.
Otrium, an online outlet store for fashion brands, said on Wednesday it had raised $120 million from investors as it launches in the United States and develops its platform for trading items left unsold at the end of the season.
New York lawmakers passed a bill on Tuesday to legalize adult use of marijuana, which will make it the 15th state in the United States to allow recreational use of the drug.
New York lawmakers passed a bill late on Tuesday to legalise adult use of marijuana, making it the 15th state in the United States to allow recreational use of the drug.
Korean Air Lines Co Ltd expects it will take two years after its purchase of Asiana Airlines Inc closes before the rival brands can be integrated, and it plans to merge their three low-cost arms into one, its president said.
Airlines for America, a group representing major U.S. airlines, said on Tuesday it is committed to working with the aviation industry and the government to achieve net-zero carbon emissions by 2050.
Just one in five of the world's biggest listed companies disclosed data about their workforce in an annual survey run by a $7 trillion investor coalition, as corporations respond slowly to pressure to be transparent about their social impact.
Alaska Air Group Inc said on Tuesday it had amended its deal with Boeing Co, under which it would purchase an additional 23 737 MAX 9 aircraft between 2023 and 2024.
Lululemon Athletica Inc forecast first-quarter revenue above analysts' estimates on Tuesday, as it expects sustained demand for leggings and sports bras from consumers looking for comfortable home-exercise apparel.
Lululemon Athletica Inc forecast first-quarter revenue above analysts' estimates on Tuesday, as it expects sustained demand for leggings and sports bras from consumers looking for comfortable home-exercise apparel.
Italian Industry Minister Giancarlo Giorgetti said on Tuesday that negotiations with the European Commission over how to relaunch ailing carrier Alitalia were stalled and the government needed a new plan to keep it in business.
Medical cannabis cultivator Northern Leaf Ltd has raised 14 million pounds ($19.21 million) in an oversubscribed offering over the past month, adding five global institutional investors before its London debut later this year, the company's adviser told Reuters.
Italian Industry Minister Giancarlo Giorgetti said on Tuesday that negotiations with the European Commission over how to relaunch ailing carrier Alitalia were stalled and the government needed a new plan to keep the airline in business.
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