Delivery Hero Sells Taiwan Operations to Grab for $600 Million
German food delivery company Delivery Hero agreed to sell its Foodpanda Taiwan business to Singapore-based Grab Holdings for $600 million cash.
German food delivery company Delivery Hero agreed to sell its Foodpanda Taiwan business to Singapore-based Grab Holdings for $600 million cash.

Toyota will invest $1 billion to expand production capacity at facilities in Kentucky and Indiana as part of broader U.S. operations commitment.
Brookfield and La Caisse have agreed to acquire renewable energy company Boralex in a C$9 billion deal.

U.S. oil company executives have reportedly warned the Trump administration that the current energy crisis may deteriorate further.

Ongoing conflict involving Iran has pushed crude oil prices above $100 per barrel, affecting U.S. stock markets and energy costs.

The SBA lent $378 billion in COVID relief but is experiencing difficulty with loan repayment collections.

Goldman Sachs increased its oil price outlook amid concerns about potential disruptions to shipping through the Strait of Hormuz.
Jeep Cherokee production has been halted at a Mexican factory due to a payment dispute with supplier ZF Chassis Modules since March 14.

The UK government will invest £100 million to restart a carbon dioxide plant on Teesside while Jaguar Land Rover suspends production due to supplier issues.
Venezuela's oil production hit 1.1 million barrels per day in March while ExxonMobil has a team in the country assessing potential oil investment opportunities.

UK energy firm Octopus Energy reports 50% surge in solar panel sales since Iran conflict began, while some executives express concerns about energy disruptions.

A Ukrainian defense startup backed by Erik Prince saw its stock price jump dramatically in its first day of trading on Wall Street.

Crude oil prices have crossed the $100 per barrel threshold for the first time in nearly two years.

Federal Reserve rate cut expectations have been pushed further into the future after inflation data came in above forecasts, with officials projecting cuts in 2026.
Blackstone's main private credit fund posted its first monthly decline in over three years amid growing concerns about the private credit sector.
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