Industry

BYD Surpasses Tesla in Global Electric Vehicle Sales for Third Consecutive Quarter

BYD's continued triumph over Tesla in EV sales marks a significant industry shift, highlighting competitive pricing and overseas growth.

#ev, #byd, #tesla, #automotive, #sustainability

UBS Appoints Taylor Henricks as Head of M&A in the Americas

UBS names Taylor Henricks as new M&A head in Americas, boosting its US market presence post-Credit Suisse merger.

#ubs, #mergers, #acquisitions, #investmentbanking, #technology

AMETEK to Acquire FARO Technologies in $920 Million Deal

AMETEK plans to acquire FARO Technologies for $920M, boosting its 3D metrology division, amid regulatory and shareholder concerns.

#acquisition, #technology, #ametek, #farotechnologies

China's Drive to Overcome Industrial 'Choke Points'

China intensifies efforts to overcome industrial vulnerabilities under "Made in China 2025" for self-sufficiency.

#china, #industry, #technology, #economy, #manufacturing

Klarna's Strategic Shift: From BNPL Leader to Neobank and Mobile Service Provider

Klarna expands into banking and mobile services, delaying IPO amidst market instability.

#klarna, #fintech, #neobank, #BNPL, #IPO

Global M&A Activity Surges to $2.14 Trillion in First Half of 2025

Global M&A activity soars 26% in 2025's first half, led by Asia's growth. Investor confidence drives megadeals, hinting at robust future growth.

#mergers, #acquisitions, #globalmarkets, #investorconfidence

Citigroup Appoints Drago Rajkovic as Co-Head of M&A to Strengthen Investment Banking Leadership

Citigroup hires Drago Rajkovic as M&A co-head, boosting its investment banking with top industry experience.

#citigroup, #mergers, #investmentbanking, #leadership

Capital One Completes $35.3 Billion Acquisition of Discover, Becoming Largest US Credit Card Issuer

Capital One's $35.3B acquisition of Discover establishes it as the top US credit card issuer, challenging Visa and Mastercard.

#capitalone, #discover, #finance, #merger, #creditcards

American Airlines Faces Tech Issues Causing Widespread Flight Delays

American Airlines delays flights due to tech issues, amid ongoing challenges with outdated systems.

#americanairlines, #flightdelays, #technology, #aviation

Definity Financial to Acquire Travelers Canada in $3.3 Billion Deal, Reshape Canadian Insurance Landscape

Definity Financial announces a $3.3B acquisition of Travelers Canada's insurance operations, aiming to become a top-four insurer in Canada.

#definityfinancial, #insurance, #acquisition, #canada, #business

Brown & Brown to Acquire Accession Risk Management Group in $9.83 Billion Deal

Insurance brokerage giant Brown & Brown to acquire Accession for $9.83B, enhancing capabilities and market position.

#insurance, #acquisition, #brownandbrown, #accession, #merger

Critical Metals Corp Appoints New Executives to Propel Key Mining Projects

Critical Metals Corp strengthens leadership with new executives, lock-up agreement to boost Greenfield and Austrian mining projects.

#criticalmetals, #mining, #executiveappointments, #rareearth, #lithium

Aekloveya Shyam Appointed to Lead Goldman Sachs' Global Real Estate M&A

Goldman Sachs names Aekloveya Shyam to lead its Global Real Estate M&A, enhancing its strategic capabilities in private credit and equity.

#goldmansachs, #mergers, #realestate, #investmentbanking

Goldman Sachs Appoints Aekloveya Shyam to Lead Global Real Estate M&A

Goldman Sachs names Aekloveya Shyam head of M&A in its Global Real Estate Group, reflecting strategic growth in private markets.

#goldmansachs, #realestate, #mergersandacquisitions, #privateequity

Salesforce Acquires Informatica in $8 Billion Deal to Enhance AI and Data Management

Salesforce to acquire Informatica for $8B, boosting AI and data capabilities. Aims to compete aggressively with tech giants like Microsoft and Google.

#salesforce, #informatica, #acquisition, #ai, #datamanagement