By Bloomberg Published May 31, 2024 Golden Goose Group SpA is seeking to list in Milan in an initial public offering that could value the maker of $500 distressed sneakers at about €3 billion ($3.2 billion) including net debt. Canada Goose The company, the vast majority of which was bought by private equity group Permira [...]read moreGolden Goose can’t risk a shabby $3 billion IPO
By Reuters Published May 25, 2024 Alphabet’s Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at $37 billion, a source with direct knowledge of the matter told Reuters. Google to invest $350 million in India’s Flipkart, valuing co at $37 billion, source says Google and [...]read moreGoogle to invest $350 million in India’s Flipkart, valuing co at $37 billion, source says
I’m not exactly sure what the true bet is here, but it’s Elon Musk, and I suspect a lot of venture capital firms are just too scared to miss out, in case he is able to back up his many promises. Or they just believe in his vision. Either way, xAI, the team building X’s [...]read moreX Secures $6 Billion in Funding for its AI Projects
E.L.F Beauty said on Wednesday annual sales surged 77 percent to $1.02 billion, marking the strongest year of revenue growth ever at the U.S. beauty retailer. E.L.F. Beauty For the fourth quarter ended March 31, net sales increased 71 percent to $321.1 million, primarily driven by strength across the firm’s retailer and e-commerce channels. Net income for the [...]read moreE.L.F Beauty annual sales surpass $1 billion
By Reuters Published May 15, 2024 The economic impact of the Paris 2024 Olympic and Paralympic Games in the Île-de-France region is estimated at between €6.7 billion for the low scenario and €11.1 billion for the high scenario over a 17-year period (2018-2034), according to a study published on Tuesday by the Centre de droit [...]read moreThe economic impact of the Paris Olympics estimated at between 6.7 and 11 billion euros over 17 years
By Bloomberg Published May 14, 2024 Walgreens Boots Alliance Inc. is reaching out to potential buyers of the £7 billion ($8.8 billion) Boots drugstore chain in the UK, according to people familiar with the matter. The Deerfield, Illinois-based company is working with advisers to hold early-stage discussions with would-be bidders, said the people, who asked not [...]read moreWalgreens contacts potential buyers for £7 billion Boots drugstore chain
By Reuters API Published May 13, 2024 Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in its French operations and create more than 3,000 permanent jobs in the country. The French presidency had said on Sunday that Amazon and other companies, including GSK and Accenture, would announce investments worth [...]read moreAmazon to invest $1.3 billion in France, create 3,000 jobs
Wayve, a UK-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed a $1.05 billion in Series C funding led by SoftBank Group. This is the UK’s largest AI fundraise ever and sits among the top 20 AI fundraises globally to date. Also participating in the raise was NVIDIA and existing [...]read moreWayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers
Baltimore’s Francis Scott Key bridge collapsed in March after it was struck by an enormous container ship that lost power while exiting the city’s port. The collision left the stricken Dali container ship stuck under the remnants of the bridge and made entry and exit of the Port of Baltimore nearly impossible. Now, experts have [...]read moreNew Baltimore Bridge Span To Cost $1.9 Billion And Won’t Be Ready Until 2028
Last year’s doldrums are in the rearview thanks to AI If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% over the [...]read moreCloud revenue accelerates 21% to $76 billion for the latest earnings cycle