Japanese electronics giant Panasonic has made a strategic move by selling its automotive Business to private equity firm Apollo Global Management. However, it is important to note that this sale specifically refers to Panasonic’s auto parts business and not its electric-vehicle battery division. On Friday, Panasonic confirmed the sale of Panasonic Automotive Systems to Apollo…
India’s Zee Entertainment Enterprises Ltd. may be revisiting merger talks with Sony Group Corp. after ending negotiations nearly a month ago. The talks, which had been in progress for two years, were canceled by Sony subsidiary Culver Max Entertainment Ltd. (formerly Sony Pictures Network India Private Ltd.) in January. The decision was reportedly due to…
Bitcoin and gold made significant gains over the weekend, with gold reaching its highest intraday high on record before pulling back, and bitcoin reaching its highest level since April 2022 on Monday. This rally was driven by optimism surrounding the Federal Reserve’s monetary policy, according to Mark Connors, director of research at digital asset-management company…
