U.S. President Joe Biden will reportedly nominate Jonathan Kanter, a competition lawyer, and fervid Google critic, to head the antitrust division of the Justice Department. Kanter has been actively representing several companies in competi....

The India-focused SPAC intends to reach its target within 12-16 months. The fresh funds will be used to acquire Indian businesses valued between USD 1-1.5 billion. Texas-based special purpose acquisition company (SPAC) Stonebridge Acqu....

U.K. Prime Minister Boris Johnson’s ‘Freedom Day’ has reportedly been ruined by forced self-isolation, rising COVID-19 infections, and warnings of shortages in supermarkets. For the record, England has had strict lockdown....

The move comes amidst trade disputes with Northern Ireland. The CEOs of three British supermarkets are seeking discussions with the EU and the U.K. governments. The three major supermarket groups, namely Tesco, Asda, and Sainsbury&rsqu....

Tech behemoth Intel Corp. is currently in talks to acquire GlobalFoundries Inc., a renowned chipmaker for USD 30 billion as part of its efforts to expand U.S. chip manufacturing capacities. However, it appears that the talks did not involv....

Ati Motors, a manufacturer of autonomous industrial vehicles, has reportedly secured USD 3.5 million in a pre-Series A funding round led by Exfinity Venture Partners and Blume Ventures. The fresh investments will be deployed for improving A....