SoftBank Group is partnering with Symbotic for a warehousing venture that will be majority owned by the Japanese investor and will buy $7.5 billion of the U.S. firm’s artificial intelligence-powered systems, the companies said.
Toyota Motor Corp has dismissed some workers at one of its plants in China, three workers told Reuters, as the Japanese automaker struggles with a price war and sales slump in the world’s largest auto market.
Self-storage properties operator Public Storage said on Monday it has entered a deal to buy Simply Self Storage from Blackstone Real Estate Income Trust for $2.2 billion.
Mexico’s economy will likely slow in step with an expected moderation of growth in the United States, but the decline could be limited by increased investment from companies relocating to the Latin American country, a Reuters poll showed.
Beijing has asked law firms to tone down the language used to describe China-related business risks in Chinese companies’ offshore listing documents, warning failure to do so could cost them regulatory green light for the IPOs, three people familiar with the matter said.
Apple is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before, Bloomberg News said on Monday citing people familiar with the matter.
Spotify Technology said on Monday it was raising the prices for its premium plans by $1 each in the United States, as the music streaming company looks to boost profitability in an uncertain economy.
Johnson & Johnson said on Monday it had launched an exchange offer under which its stockholders can opt for shares of Kenvue KVUE.N, its newly listed consumer health unit.
Meme stock AMC Entertainment Holdings soared in premarket trading on Monday after a judge blocked the theater chain’s stock conversion plan that risked diluting investors’ holdings in the company.
