Amazon takes over MGM Studios for £5.97bn

The acquisition marks Amazon’s second-biggest after it bought upmarket grocery chain Whole Foods for £10.7bn in 2017. The sale includes Metro Goldwyn Mayer’s ‘Epix’ cable channel which makes popular TV…

Chinese firm takes over British Steel

Jingye Group, a multi-industrial company based in Hebei mainly specializing in iron and steel takes control of British Steel. The Chineese firm has more than 23,500 employees and an annual…