British budget airline EasyJet has agreed in principle to a revised takeover offer from U.S. investment firm Castlelake, valuing the carrier at £5.5 billion ($7.34 billion). The latest bid offers shareholders £6.90 per share, a 73% premium over easyJet's May 29 closing price. The proposed deal could reshape Europe's aviation sector, though a final binding agreement has yet to be signed.

EasyJet backs Castlelake's €6.1 billion takeover offer

A recent survey of 750 business leaders reveals a growing trend: AI replacing jobs. In 2023, 37% of these leaders acknowledged AI-induced layoffs, with 44% expecting more in 2024. Major companies like Paytm and Google are at the forefront, integrating AI to enhance efficiency but at the cost of human jobs. Paytm's recent layoffs post AI implementation and Google's potential restructuring of its ad sales unit due to AI advancements highlight this shift.

Gravitas | The AI job takeover is here; Will mass layoffs be on the rise now?

India's Tata group's consumer unit is in talks to buy at least 51% of popular snack food maker Haldiram's. But a media report suggests it is not comfortable with the $10 billion valuation sought by the snack food maker.

Report: Tata in talks to buy 51% stake in snack maker Haldiram's

Qatari investors are set to make an offer for Manchester United Plc in the coming days, people familiar with the matter said, in a move that would cement the country’s desire to become a major player in global sports.

Qatari group preparing Manchester United takeover

According to the reports, social media company Twitter is facing a funding issue after Elon Musk's takeover in October, 2022. Watch this video to know more.

Twitter's funding sinks after Elon Musk takeover

Parody Twitter accounts will be “permanently suspended” if they do not specify in their bio that they are impersonating, warned “free speech absolutist” Elon Musk.

Elon Musk issues warning to Twitter parody account users

Social media giant Twitter has said that billionaire Elon Musk was under a federal investigation in relation to his USD 44 billion takeover deal. Twitter made the statement in a court filing that was made public on Thursday (October 13).

Elon Musk under federal investigation linked to takeover deal, says Twitter

Twitter stocks took a tumble on Monday (July 12) after Tesla chief Elon Musk withdrew his bid to buy the social media giant for USD 44 billion. On Wall Street, stocks of the platform dropped by 5.

Twitter stocks tumble after Musk pulls out of takeover deal

In order to help its viral takeover, coronavirus fattens up the body cells of the victim. Some fat cells increase around 64 times their normal levels, said a new study.

Covid virus fattens body cells to initiate its takeover, says study

Indian multinational company Reliance Industries is considering buying out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy. The report comes as Revlon filed for bankruptcy earlier this week after global supply chain disruptions drove up raw material costs and prompted vendors to demand upfront payments.

Reliance Industries plans to buy American bankrupt company Revlon

Twitter didn't have as many users as it believed, a situation that may have prompted the company to immidiately accepting Elon Musk's $44 billion offer to take the firm private.

Twitter shared wrong data: Admits overstating daily active users since 2019

After Taliban took over Afghanistan, over 100 extrajudicial killings have been carried out allegedly in the country, the UN said on Tuesday. Most of these killings seem to have been done by the Taliban.

After Taliban takeover, over 100 extrajudicial killings held in Afghanistan, says UN

British Council will sell its English language testing business, IELTS, in India to IDP for £130 million. IDP Education Ltd., an Australian listed entity, is an international education service facilitating international students’ study in western, English-speaking countries.

IDP to buy British Council India's English testing service IELTS for £130 million

Tech giant Google might take a minority stake in British telecom group Vodafone's struggling Indian business. This news has come weeks after Facebook picked up a stake in India's Jio's multimedia platforms.

Google plans to buy 5% stake in struggling Vodafone India

Mugabe attended a university graduation ceremony on Friday

Mugabe makes first public appearance since army takeover

The deal will help MSI, which operates in all 10 markets of the Association of Southeast Asian Nations, cement its position as the No. 1 in the region

Japense insurer MSI to buy Singapore based First Capital Insurance for $1.6 billion

'The situation is unpredictable but we must prepare for the worst,' said the International Committee of the Red Cross chief

About one million may flee Iraq due to IS takeover: Red Cross

AB InBev's buyout of SABMiller to counter falling beer demand in big markets by establishing presence in Africa where sales are on the rise

South Africa approves takeover of SABMiller by top brewer AB InBev

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