Media Archives - Page 63 of 806

1 minute read

Shell Pumps The Brakes in Malaysia, Gas Station Network Reportedly Up for Sale For $1B

May 6, 7:35 AM

Shell is reportedly in talks with Saudi Aramco to sell its Malaysia gas station business for $1B. Plans to divest 500 stations this year, focus on profitable ventures.

SHEL

1 minute read

KKR Goes Surgical: Snags Indian Medical Devices Company Healthium From Apax

By Lekha Gupta

May 6, 7:18 AM

KKR to acquire Healthium from Apax Partners. Healthium, an Indian medical devices company, will use KKR's global network and expertise to grow.

KKR

1 minute read

GM-Backed Self-Driving Company Momenta Readies For US IPO Launch: Report

By Shivani Kumaresan

May 6, 6:46 AM

Auto giant General Motors-backed Beijing Momenta Technology Co., a Chinese self-driving firm, has quietly filed for a potential IPO in the U.S., report says. Momenta reportedly aims to raise $200-$300 million through share sales, with discussions ongoing. The move underscores Momenta's rapid growth and signifies a significant step in its global expansion strategy.

2 minute read

Tesla’s Loss, Revel’s Gain: Ride-Hailing Company Eyes Abandoned Supercharger Sites In New York

By Benzinga Neuro

May 6, 6:40 AM

Tesla's decision to slow down the expansion of new Supercharger locations came after the exit of its unit head, Rebecca Tinucci following mass layoffs at the EV giant.

TSLA

1 minute read

Former CEO Schultz Urges Starbucks Overhaul Amid Sales Slump: Report

By Shivani Kumaresan

May 6, 6:31 AM

Former Starbucks Chief Executive Howard Schultz reportedly urged the coffee chain to acknowledge its faults and revamp operations following a significant sales decline.

LKNCY