Category BUSINESS

Universal to build its first European theme park in the UK

Visitors are likely to see attractions based on the studio’s most famous film franchises, including “Minions,” “Jaws,” and “Jurassic Park.” It is planned that during the construction period, about 20 thousand jobs will be created at the facility, and another…

LEGO launches new $1 billion factory in Vietnam

According to the LEGO Group website, the LEGO Manufacturing Vietnam factory is the first LEGO facility in Vietnam and the second in Asia. The company calls the Vietnamese factory the most environmentally friendly of all LEGO factories to date. The…

Pfizer sells entire stake in Haleon for $3.24 billion

As part of the deal, Sensodyne’s maker, Haleon, agreed to buy back 44 million shares from Pfizer, its current largest shareholder, while 618 million shares will be sold to institutional investors. The total sale amount represents 7.3% of the issued…

Cognition AI reaches $4 billion valuation

The new funding round is led by 8VC, a venture capital firm backed by Joe Lonsdale. The round doubles the previous valuation of the startup, which launched its generative AI coding tool a year ago. Cognition calls the tool, called…

Oil group DNO to acquire Sval Energi for $1.6 billion

The purchase of the cash-generating Sval Energy portfolio could be followed by the acquisition of other assets in Norway and elsewhere to realise DNO’s growth ambitions. The deal will quadruple DNO’s North Sea production to approximately 80,000 barrels of oil…