FedEx board approves spinoff of LTL unit
FedEx Corp. is officially moving forward with the spinoff of its less-than-truckload unit, FedEx Freight, following formal approval from its…
Tag: Unit
Tether freeze unit tops $450M milestone
The Tether freeze coalition known as T3 FCU has surpassed $450 million in blocked illicit USDT since launching in 2024.…
Betting giant Flutter overhauls management at US FanDuel unit
DUBLIN, May 6 (Reuters) – Betting giant Flutter made major management changes at its U.S. FanDuel brand on Wednesday, saying…
Airtel Delays IPO of Mobile Money Unit to Second Half of 2026
Airtel Africa Plc said it plans an initial public offering of its mobile money business in the second half of…
Shell Profit Rises as Oil Volatility Boosts Trading Unit
Shell’s profit surged in the first quarter as the Iran war drove oil and gas prices higher and an increase…
Ford’s secret EV unit endures despite market slowdown, exec departure
LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars in losses,…
Charged EVs | Caterpillar’s battery-electric power unit makes its debut in Doppstadt’s spiral shaft separator
Caterpillar’s Battery Electric Power Unit (BEPU) is making its first public appearance at IFAT Munich, installed in a Doppstadt SWS…
Thyssenkrupp, Jindal Steel Pause Talks on Steel Unit Stake
Thyssenkrupp AG said it and Jindal Steel International agreed to pause talks about the Indian company acquiring a stake in…
MoonPay buys Sodot to power new institutional crypto services unit
Crypto payments firm MoonPay is stepping further into institutional services after acquiring Sodot, a startup focused on digital asset security.…
Amadeus Agrees to Buy Idemia Unit for €1.2 Billion
Amadeus IT SA said it has agreed to buy the public security arm of Advent-backed biometrics technology provider Idemia for…