Day: April 2, 2018

Tess Torelli April 2, 2018

Chinese e-commerce giant Alibaba Group said on Sunday it would buy all shares that it does not already own in food delivery platform Ele.me. The deal implies an enterprise value of $9.5 billion for Ele.me, Alibaba said in a statement. Ele.me, which roughly translates as “Hungry?”, is part of a fast-growing — though fiercely competitive […]

Tess Torelli April 2, 2018

Private equity firm Veritas Capital plans to acquire a health-care technology unit from General Electric, the firms said Monday. Veritas will buy GE’s revenue-cycle, ambulatory care and workforce management software unit, which includes the value-based care division, for $1.05 billion in cash. In a statement, Veritas CEO Ramzi Musallam said the firm sees a “tremendous […]

Tess Torelli April 2, 2018

Jim Watson | AFP | Getty Images Japan’s Prime Minister Shinzo Abe talks to US President Donald Trump during the opening ceremony of the 31st Association of Southeast Asian Nations (ASEAN) Summit in Manila on November 13, 2017. Japanese Prime Minister Shinzo Abe plans to visit the United States April 17-20 for talks with President […]

Vinnyd April 2, 2018

Take a behind the scenes look at SI’s cover shoot with every member of the 2015 Women’s World Cup champion squad. Subscribe to ►► Follow the latest NFL news and highlights, with updates on your favorite team and players. Want to know what’s up with Russell Wilson, Cam Newton, Tom Brady and more? We’ve got […]

Tess Torelli April 2, 2018

An ongoing trade spat between the U.S. and China continued to develop, with China announcing early on Monday that it was implementing tariffs on 128 types of U.S. imports starting Monday. That matched the list of products proposed by Beijing in March and comes as a direct response to U.S. President Donald Trump signing off […]

Tess Torelli April 2, 2018

The Persian Gulf island nation of Bahrain says it has discovered its largest oil field since the country’s first oil well began operation nearly 90 years ago. The government said Sunday that the new resource is “understood to dwarf Bahrain’s current reserves.” Details about the initial findings of size and extraction viability are to be […]

Tess Torelli April 2, 2018

Mexico’s presidential front-runner launched his campaign close to the U.S. border on Sunday, demanding respect for Mexicans hours after U.S. President Donald Trump again threatened to scrap a key trade pact and erect a wall between the countries. Striking a nationalistic tone, Andres Manuel Lopez Obrador signaled that if he won the July 1 election, […]