General Motors Company (NYSE:GM) penned a long-term deal with Barclays PLC (NYSE:BCS). Starting next summer, Barclays will become the exclusive issuer of the GM Rewards Mastercard and the GM Business Mastercard in the U.S. The new partnership with Barclays will offer exclusive benefits and experiences for cardholders. With the GM Rewards card, members can earn […]
Blackstone Makes Largest Asia Pacific Investment: Details
Lekha Gupta | September 4, 2024
Blackstone Inc. (NYSE:BX) shares are trading slightly lower premarket Wednesday. Blackstone and CPP Investments are set to acquire AirTrunk from Macquarie Asset Management and the Public Sector Pension Investment Board for over A$24 billion. AirTrunk is one of the largest data center platforms in Asia Pacific and has over 800MW of committed capacity and land for […]
Hydrogen Fueling: These Companies Leading the Charge
Lekha Gupta | July 31, 2024
Nikola Corporation (NASDAQ:NKLA), in partnership with ITD Industries, has launched the first commercial hydrogen refueling station for the heavy-duty transportation sector in Ontario. The station, located at ITD Industries’ headquarters at 161 The Westmall in Etobicoke, is strategically positioned near Highway 401, Highway 427, and the Queen Elizabeth Way (QEW). The new station represents a […]
Hess-Chevron Merger Hits Snag
Lekha Gupta | June 21, 2024
The merger of Hess Corporation (NYSE:HES) and Chevron Corporation (NYSE:CVX) is reportedly stalled as the contract arbitration panel remains incomplete three months after the case was filed. This delay is stalling the decision on whether Exxon Mobil has a right of first refusal over Hess’ Guyana operations, reported Reuters. According to the report, the third and final […]