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Business

Infosys Files Counterclaim Against Cognizant: Allegations of Stalled Projects for Competitive Edge

Infosys has filed a counterclaim against Cognizant, alleging anticompetitive practices aimed at maintaining dominance in the healthcare payer software market. The lawsuit highlight...

Business

EU Approves Synopsys' $35 Billion Acquisition of Ansys with Conditions

The European Commission conditionally approves Synopsys' $35 billion acquisition of Ansys, requiring divestitures to preserve competition in optics, photonics, and EDA software mar...

Business

TikTok's Fate in the US: A Temporary Ban or a Permanent Solution?

The US government hints at a possible temporary solution to the TikTok ban, suggesting ByteDance could sell the platform. The Supreme Court debates the implications of a federal la...

Business

Eli Lilly Nears $2.5 Billion Deal to Acquire Scorpion Therapeutics

Eli Lilly and Company is reportedly finalizing a $2.5 billion acquisition of Scorpion Therapeutics, with a $1 billion upfront payment and up to $1.5 billion more based on performan...

Business

Stellantis Sets Ambitious Goal to Revitalize US Sales by 2025

Stellantis N.V. is implementing a strategic overhaul to reverse its declining US sales and market share by 2025. With a focus on leadership restructuring, dealer relationships, inc...

Business

Donald Trump to Step Back from Trump Organization Management Upon Presidency

President-elect Donald Trump will step back from the daily management of the Trump Organization as part of an ethics plan. The organization will avoid new deals with foreign govern...

Business

Emergency Evacuation at Atlanta Airport: Delta Flight Aborts Takeoff, Four Injured

A Delta Airlines flight aborted takeoff at Atlanta's airport, leading to an emergency evacuation and minor injuries to four passengers. The incident, attributed to engine issues an...

Business

Gazprom Neft Condemns US Sanctions as Unjustified and Illegitimate

Gazprom Neft criticizes the US for imposing sanctions, calling them unjustified and against free competition. The company had anticipated such actions and has been preparing accord...