Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On Thursday, TVS Motor said in…
By Reuters Published October 24, 2025 Angola has bid for a majority stake in Anglo American's unit De Beers, a source familiar with the matter told Reuters on Friday, setting up a potential standoff with…
By Reuters Published October 21, 2025 Luxury goods giant LVMH is exploring a sale of its 50% stake in Fenty Beauty, which it co-owns with Grammy Award-winning singer and entrepreneur Rihanna, according to four people…
The Webster has a new majority owner. The luxury multibrand retailer has sold a majority stake to the British retail conglomerate Frasers Group, effective immediately. Financial details were not disclosed but under the terms of…
DK Company has entered into a partnership with the German fashion brand IVY OAK and, at the same time, acquired a majority stake in the company. This is yet another strategic step in DK Company’s…
Armani representatives have made informal approaches to some potential buyers for a minority stake in the renowned Italian fashion group, three sources with knowledge of the situation told Reuters, effectively starting a de-facto auction for…
Democrats say they will not vote to end the government shutdown unless Congress extends extra Obamacare subsidies that are set to expire next year. Republican leaders have said the subsidies shouldn’t be a part of…
The U.S. Department of Energy has taken equity stakes in Canadian company Lithium Americas and its Nevada mining joint venture with General Motors as part of a renegotiation of a federal loan. Under the new…