The US-based technology solutions provider Carrier Global Corp. and Honeywell International Corporation have signed an agreement to sell Carrier Global Corp.'s security division for $4.95 billion. A press release from Carrier states that the Global Access Solutions company manufactures electronic locks for hotels and hospitals, among other things. It will be a component of Honeywell's division...

Woodside Energy and Santos, two Australian producers of oil and gas, are in merger talks. According to Woodside, discussions are private and not yet concluded. However, there's no assurance that it will result in a sale. Furthermore, Woodside and Santos stated that they are always looking for ways to enhance value for their investors. Specifically, the latter is investigating several...

The US Federal Trade Commission (FTC) is looking into Exxon Mobil's $59.5 billion acquisition of shale oil company Pioneer Natural Resources Co. in October. The Securities and Exchange Commission (SEC)’s message states that the regulator asked the companies for more information regarding the transaction on December 4. Pioneer and Exxon continue to work with the authority and anticipate concluding...

By 2026, Toyota Motor will sell 15 different zero-emission car and light truck models in Europe, the firm announced in a statement. By then, it is anticipated that sales of Toyota's electric vehicles in Europe will surpass 250,000 units annually, accounting for a share of over 20% of the overall sales. Hybrid, plug-in hybrid, and fuel cell vehicles make up 71% of all sales of Toyota vehicles in...

According to The Wall Street Journal, which cites reliable sources, US Apple Inc. and Paramount Global are debating the prospect of bundling a membership to both of their streaming services, Apple TV+ and Paramount+. A subscription like this should be less expensive than purchasing both services separately. The sources claim that it is still unknown how the package offer would be put together...

According to the firm's website, Uber Technologies, a US-based startup that offers food delivery and cab ordering services, will introduce a travel by famous black taxis (cabs) service in London early in 2024. The first taxi drivers have already signed up on the Uber platform; the business anticipates that several hundred of them will be there by January. In 2024, it will be feasible to make use...

According to The Wall Street Journal, US health insurers Cigna Corp. and Humana Inc. are in the midst of merger negotiations that might result in the formation of a significant competitor in the market. The companies are reportedly in talks about a potential agreement that would be settled for stock and cash. The deal might be achieved by the end of the year. With a valuation of over $140...

US Goldman Sachs Group's pay policy will be impacted by employee competition with other banks prior to bonus season, Goldman Chief David Solomon told the Financial Times. "Competition for top talent remains very high," he stated. "Consequently, our valuations also reflect this." Employees at Goldman Sachs have complained about their reduced pay in 2022 over the last 12 months, according to the...

According to the Financial Times, Ferrovial, a co-owner of Britain's Heathrow Airport, is asking £2.4 billion ($3 billion) for a 25% share in the parent company of the airport. The Financial Times reports that infrastructure group Ferrovial will sell its 25% ownership in the parent company of London's Heathrow airport for £2.4 billion ($3 billion). Saudi Arabia's Sovereign Investment Fund (PIF)...