The Washington-headquartered e‑commerce giant is set to build four new fulfillment centers and delivery stations across the UK, as well as upgrades and expansions to its network of over 100 buildings, creating 2,000 jobs.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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Amazon plans to invest $54B in Britain over next three years
The Washington-headquartered e‑commerce giant is set to build four new fulfillment centers and delivery stations across the UK, as well as upgrades and expansions to its network of over 100 buildings, creating 2,000 jobs. Read here
Shares rally, oil prices fall amid Iran-Israel ceasefire
Oil tumbled 3%, global shares surged and the dollar dropped as President Donald Trump announced a ceasefire between Israel and Iran, a dramatic turnaround after the US bombed Iran's nuclear sites over the weekend. Read here
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Harvey AI grows to $5B, months from $3B valuation
The California-based startup that provides automation for legal work has been growing at a rapid clip, raising $300 million in its latest Series E funding and reaching an annualized run-rate revenue of $75 million in April.Read here
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NEWS WORTH NOTING
Apple’s Liquid Glass interface gets upgrade
With the release of iOS 26 Beta 2, the California-based tech group has fixed one of the more glaring issues with its divisive new user interface design for the iPhone, iPad, and other Apple devices, announced at WWDC 2025.Read here
Tata Capital gets nod for $2B IPO, India’s biggest
The Indian financial services company has received the approval of market regulators to proceed with what is expected to be the country’s largest listing this year. Read here
Volvo sells 70% share in SDLG in strategic revamp
The Swedish manufacturer is set to offload its stake in the Chinese group and buy its European construction equipment supplier Swecon to refocus on core brands. Read here
Rio Tinto, Hancock to grow $1.61B Hope Downs project
The Australian mining companies are planning to jointly develop the Hope Downs 2 iron ore mine in the Pilbara region, with a production capacity of 31 million metric tons. Read here
Hellobike setting up new robotaxi firm with Ant, CATL
The Chinese bike-sharing platform is jointly forming a new self-driving taxi company with its domestic peers that will focus on level 4 autonomous driving R&D. Read here
