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May 25, 2022

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KKR’s Independence, Contango to merge in $5.7 bln oil and gas deal

June 24, 2021June 18, 2021 - by acemeritnet

KKR & Co’s (KKR.N) Independence Energy LLC and Contango Oil & Gas Co (MCF.A) will merge in an all-stock deal to create a consolidation-focused oil and gas company with an …

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Business

Berkshire leads $750 mln Nubank funding round, values it at $30 bln

June 23, 2021June 18, 2021 - by acemeritnet

Warren Buffett’s Berkshire Hathaway Inc(BRKa.N) invested $500 million in Brazil’s Nubank, giving the fast-growing fintech a big vote of confidence as it seeks to widen its footprint across Latin America. …

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Business

Climate change: Central banks’ new inflation puzzle

June 22, 2021June 18, 2021 - by acemeritnet

For Bank of England chief Andrew Bailey, tackling climate change carries inflation risks if you do too little, too late. For Larry Fink, head of investment giant BlackRock (BLK.N), the …

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Business

Bitcoin Price Rises Above $36,000 Today After El Salvador’s Move; Ether, Dogecoin Jump

June 21, 2021June 18, 2021 - by acemeritnet

After touching a record low in the last three weeks, Bitcoin price jumped above $36,000 on Thursday morning. The world’s largest cryptocurrency climbed 13.60% to $37,182.49 at 0720 hours IST …

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Business

Amazon Pharmacy offers half-yearly prescriptions starting at $6

June 20, 2021June 18, 2021 - by acemeritnet

Amazon.com Inc (AMZN.O) said on Tuesday it was now offering six-month prescriptions starting at $6 for medications of common health issues through its pharmacy. The company said prime members would …

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Business

G7 countries devise way to catch Amazon in tax net

June 19, 2021June 18, 2021 - by acemeritnet

G7 states have found a way to include Amazon, one of the world’s biggest companies, on a list of 100 set to face higher taxes in the countries where they …

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Business

Starbucks to reintroduce reusable cups in U.S. stores

June 18, 2021June 18, 2021 - by acemeritnet

Starbucks Corp (SBUX.O) said on Tuesday it would start accepting reusable cups from customers in the United States later this month, more than a year after stopping their use due …

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