A Brookfield company will put up to $15 billion into the Intel project to buy a 49% interest. The two facilities will continue to be operated by the chipmaker.
Author: financial
Post
Greece renounces membership in the External Financial Oversight mechanism of the European Union
According to the Greek prime minister, the nation's exit from the so-called European Union's system of increased economic monitoring put an end to 12 years of suffering and given it more political freedom.
Post
20% of Xiaomi’s income was down, and COVID in China is still a problem for the company
20% less money was made by Xiaomi, and COVID in China is still hurting sales. The second quarter's revenue for the Chinese smartphone manufacturer saw a significant decline. The Chinese smartphone market's fall was the cause.
Post
Chinese scales will be removed off the US list
Amid an audit dispute, PetroChina, Sinopec, and China Life intend to delist New York. The top five state-owned businesses in China have made preparations to leave US exchanges.
Post
Purchased by Pfizer for $5.4 billion is Global Blood Therapeutics
In a transaction announced today, Pfizer will acquire a biopharmaceutical business that creates novel therapies.