Didi Says It Will Proceed With Delisting From NYSE 
 

The Chinese ride-hailing giant secured approval from its shareholders to delist at a meeting that was held on Monday.

 
Three Doses of Pfizer's Covid-19 Vaccine 80% Effective in Young Children, Company Says 
 

The three shots were found effective in preventing symptomatic Covid-19 in children 6 months to 5 years, an early analysis of study data found.

 
Conan O'Brien's Podcast Company Sells to SiriusXM in Deal Valued Around $150 Million 
 

Conan O'Brien sold his hit podcast, "Conan O'Brien Needs a Friend," to Sirius XM, along with his Team Coco digital-media company and its network of 10 podcasts.

 
It's Treasure-Hunt Season for Off-Price Retail 
 

What this year's selling conditions will be like for retailers such as T.J. Maxx and Ross Stores are hard to predict, but the buying environment is starting to look very favorable.

 
Marketing Budgets Rise as Share of Company Revenues, Gartner Survey Finds 
 

Marketing budgets have risen to 9.5% of total company revenue in 2022, up from 6.4% a year earlier, according to the annual CMO Spend Survey by Gartner.

 
Dell Might Be Tech's Cheap Dark Horse 
 

PC sales are slowing from their pandemic boom. But Dell's sharp focus on the corporate market is helping it pick up share.

 
Siemens Energy Launches Bid for Gamesa 
 

Siemens Energy has made an offer to buy all the outstanding shares in its Gamesa wind turbine unit for EUR4 billion.

 
Saudi Sovereign-Wealth Fund Buys Stake in Royal's Investment Firm 
 

The purchase further intertwines the government with billionaire Prince al-Waleed bin Talal, a high-profile investor who was once detained by the state over corruption allegations.

 
Broadcom in Advanced Talks to Buy VMware 
 

The tech companies are discussing a cash-and-stock deal that could come soon, setting the stage for what would be one of the year's biggest deals.

 
Abbott CEO Apologizes for Company's Role in Baby-Formula Shortage 
 

Robert Ford, Abbott's chief executive, explained in an op-ed what led to the voluntary recall of baby formula and detailed the company's plan to avoid a similar shortage in the future.

(END) Dow Jones Newswires

May 23, 2022 09:15 ET (13:15 GMT)

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