Khaled Ayoub

Khaled Ayoub covers business and finance for Beijing Times, reporting on markets, companies, and the economic developments driving the global economy.

Dillard’s to Merge With Family Holding Company in Non-Dilutive Deal

Dillard's Inc. announces a non-dilutive merger with its family holding company, W.D. Company, Inc., aiming to simplify ownership structure. Learn about the deal's details, conditions, and impact on shareholders.

Banco Macro Strengthens Digital Footprint with Acquisition of Banco Sáenz

Banco Macro S.A. announces acquisition of Banco Sáenz S.A. to enhance its digital banking services and expand its presence in the digital financial ecosystem.

BHAV Acquisition Corp Successfully Closes $100 Million IPO on Nasdaq

BHAV Acquisition Corp. announces the successful closing of its $100 million initial public offering on the Nasdaq, detailing unit structure, business combination strategy, and management.

Bank of America Signals Potential Fed Rate Hike Amidst Geopolitical Tensions and Inflation Fears

Bank of America economists outline conditions for a potential Fed rate hike, including a stable labor market and rising inflation, and discuss the potential impact on Bitcoin and other markets.

ADNOC and OMV Forge Ahead with Mega Chemicals Merger, Advancing Borouge Group Formation

ADNOC and OMV are making significant strides towards completing their chemicals mega-merger, advancing the formation of the Borouge Group International AG, with an expected close by March 2026.

Nexstar Media Group Secures Over $5 Billion in Debt Financing for TEGNA Acquisition

Nexstar Media Group announces a $5.12 billion debt offering, including senior secured and senior notes, to finance its acquisition of TEGNA Inc. Details on the financing package and Nexstar's market position.

Nexstar Seals $6.2 Billion Tegna Acquisition Amidst Legal Battles and Regulatory Green Light

Nexstar Media Group finalizes its $6.2 billion acquisition of Tegna, creating the largest U.S. local TV station owner despite ongoing legal challenges and regulatory approvals.

Tesla and LG Energy Solution Forge $4.3 Billion Battery Partnership in Michigan

Tesla and LG Energy Solution announce a $4.3 billion battery plant in Michigan, focusing on energy storage systems and strengthening the domestic supply chain.

Akur8 Expands into Life and Annuity Market with Strategic Acquisition of Slope Software

Akur8 acquires Slope Software to expand its actuarial AI platform into the Life and Annuity insurance market, creating a unified solution for multi-line carriers.

Independent Bank Acquires HCB Financial in $70.2M Deal, Expanding Michigan Footprint

Independent Bank Corporation to acquire HCB Financial Corp. in a $70.2 million cash and stock deal, expanding its Michigan footprint and enhancing its market position with combined assets of $6.1 billion.

Datavault AI Acquires NYIAX in All-Stock Deal to Bolster Data and Ad Trading

Datavault AI Inc. announces acquisition of NYIAX Inc. in an all-stock merger to expand its data and ad inventory trading capabilities, integrating blockchain technology and specialized marketplaces.

Embecta Acquires Owen Mumford for $199.4M to Bolster Drug Delivery and Expand Medical Offerings

Embecta announces definitive agreement to acquire Owen Mumford for up to $199.4M, expanding its drug delivery capabilities and strategic transformation into a broad-based medical supplies company.

Global Uncertainties Prompt HKMA and Fed to Hold Rates Steady

The Hong Kong Monetary Authority (HKMA) has mirrored the US Federal Reserve's decision to maintain its base interest rate, citing significant global uncertainties, particularly...

SEALSQ Secures $125 Million in Direct Offering to Fuel Post-Quantum Technology Expansion

SEALSQ Corp. announces a $125 million registered direct offering to accelerate its post-quantum and quantum technology commercialization in the U.S. and Europe.

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