S&P Global is buying IHS Markit in the biggest deal of 2020.
The marriage of two data giants, S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO), will be the biggest deal of 2020. S&P Global will pay around $44 billion to acquire information company IHS Markit. The two love birds cannot wait to be one as the deal could be announced as early as next week Monday. Click here to read more
The Chinese national oil and gas producer CNOOC (NYSE: CEO) is part of the companies affected by the recent executive order. The new executive order will prevent investors from buying securities of CNOOC and other military companies late next year. Click here to read more
The pandemic is still hitting Disney (NYSE: DIS) hard, and the Entertainment company will lay off 4,000 more workers. This brings the total number of layoffs from its theme parks, experiences, and product divisions to 32,000. Click here to read more
Tesla (NASDAQ: TSLA) can now sell its Shanghai-made Model Y vehicles and analysts believe China could boost overall deliveries by up to 40% in 2022. It could also double Tesla’s sales in the next 5 years. The automaker is prepared for the Chinese market and is investing $6.4 million in building a new charging-station factory in China. Click here to read more
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