Australian companies reach a $4 billion merger

Australia’s orocobre and Galaxy Resources announced on Monday that they have reached a $4 billion (US $3.1 billion) merger and acquisition agreement. The merged company will become Australia’s largest and the world’s fifth largest lithium miner to better take advantage of the soaring demand for this key material for electric vehicle batteries. In the early […]

Founder of virgin Galaxy

Richard Branson, founder of virgin galaxy, the first space travel unit, sold more than $150 million in the past three trading days, according to a regulatory document submitted Wednesday. The documents show that Branson and four entities under his control, including Virgin Group, sold 5584000 shares of virgin galaxy from April 12 to 14, selling […]

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