Tag: Ownership changes

Saudi crown prince defends austerity steps, social loosening

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DUBAI, United Arab Emirates — Crown Prince Mohammed bin Salman laid out a vigorous defense of his domestic policies and the thinking behind his...

In Jaffa, gentrification stokes discord as Arabs pushed out

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TEL AVIV, Israel — A turreted former Catholic girl's school in Jaffa is being transformed into an exclusive Soho House club. Around the corner,...

Toyota acquires Lyft’s self-driving unit for $500 million

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TOKYO — Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $500 million, in a move that underlines the...

NZ Rugby debates selling All Blacks share to US investors

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WELLINGTON, New Zealand — New Zealand Rugby will face a momentous decision on the future of the All Blacks at its annual meeting Thursday,...

UK firm Super Group entering US sports, online casino market

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ATLANTIC CITY, N.J. — Super Group, a British company that owns a sports betting and an online casino company, is seeking to enter the...

Italian arms firm Leonardo buys stake in Germany’s Hensoldt

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BERLIN — Italian arms manufacturer Leonardo said Saturday that it is buying large stake in Germany company Hensoldt from the U.S. investment firm KKR. ...

Toshiba brushes off renewed push from CVC on acquisition bid

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TOKYO — Toshiba Corp. on Tuesday brushed off a fresh missive from CVC Partners about the global fund’s proposal to acquire the Japanese manufacturer,...

UK to assess security implications of Nvidia takeover of Arm

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LONDON — The British government has asked regulatory authorities to investigate the proposed takeover of computer chip design firm Arm Holdings by the U.S....

Northeast banks Webster, Sterling to merge in all-stock deal

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NEW YORK — Webster Financial Corp. is buying Sterling Bancorp in an all-stock deal that values Sterling at more than $5 billion, the northeastern...

Students’ struggles pushed Peru teacher to run for president

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CHUGUR, Peru — As schools across Peru closed due to the coronavirus pandemic, Pedro Castillo tried to find a way to keep classes going...