Sequoia China raises $9 billion amid hopes crackdown is easing – source
By Julie Zhu HONG KONG – Sequoia Capital China has raised a total of nearly $9 billion for four new funds amid investor hopes that the authorities are easing a…
By Julie Zhu HONG KONG – Sequoia Capital China has raised a total of nearly $9 billion for four new funds amid investor hopes that the authorities are easing a…
By Anirban Sen (Reuters) -Swedish payments firm Klarna Bank AB is nearing a deal to raise fresh capital at a valuation of about $6 billion from existing investors led by…
By Dawn Chmielewski (Reuters) – NBCUniversal said on Thursday it completed the highest-grossing upfront advertising sales period since its acquisition by Comcast Corp with commitments exceeding $7 billion, according to…
By David Lawder WASHINGTON – Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a…
NEW YORK – Morgan Stanley joined other large U.S. banks expanding its healthcare coverage to include travel costs for employees seeking abortion services if they are not locally available, according…
By Maki Shiraki TOKYO – The low-cost carrier arm of Japan’s ANA Holdings, Peach Aviation, is set to resume flights to Seoul from late August, according to a person familiar…
NEW YORK – Deutsche Bank AG is updating its U.S. healthcare policy to cover travel costs for any medical procedure, including abortion, that is not offered within 100 miles of…
WASHINGTON – U.S. Transportation Secretary Pete Buttigieg on Thursday pushed airline chief executives to scrutinize whether they can reliably operate flight schedules amid rising demand, a source briefed on the…
By Steve Scherer OTTAWA – Canadian police are investigating a possible risk to national security that forced parliament to lock down for several hours on Saturday after border agents warned…
WASHINGTON – Two Georgia election officials that former President Donald Trump tried to pressure to “find” votes that would overturn his defeat in that state will testify to the hearings…
By Chibuike Oguh (Reuters) – Apollo Global Management Inc is in talks to provide up to $2 billion in debt financing for the potential acquisition of department store chain Kohl’s…
By Marwa Rashad LONDON (Reuters – An at least three-week shutdown at Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), is expected…
NEW YORK – Trading firms Citadel Securities and Virtu Financial Inc are collaborating on a cryptocurrency trading “eco-system” that will enable retail brokerages to offer crypto-executions to their customers, according…
(Reuters) – Shareholders of Shopify Inc on Tuesday voted in favor of protecting Chief Executive Officer Tobias Lutke’s 40% voting stake, a source told Reuters, citing preliminary results from the…
LONDON – Prime Minister Boris Johnson promised lawmakers a new economic plan for growth next week, a Conservative Party source said on Monday after the British leader addressed his party…
WASHINGTON – U.S. President Joe Biden will issue a proclamation on Monday that will allow solar panels to be imported to the United States from Thailand, Malaysia, Cambodia and Vietnam…
‘A Source Of Concern’: Jobs Growth Stalls, Unemployment Rises In May Thomas Catenacci on June 3, 2022 The U.S. economy added 390,000 jobs in May while the unemployment rate was…
(Reuters) – The head of French carmaker Renault could return to Japan in June for the second time in two months, a source close to the matter told Reuters, a…
WASHINGTON – U.S. President Joe Biden is expected to meet later this week with Jordan’s King Abdullah, a source familiar with the meeting said on Monday. Middle East regional issues…
By Francesco Guarascio BRUSSELS – Hungary and Slovakia will be able to continue buying Russian crude oil until the end of 2023 under existing contracts, an EU source told Reuters…
BERLIN -Volkswagen is considering an expansion of its Chattanooga plant in the United States to produce an electric pick-up and the new ID.Buzz microbus, a source close to the matter…
HONG KONG – UBS Group’s China country head David Chin has stepped down from the role but will remain the bank’s head of investment banking for Asia Pacific, according to…
ZURICH – Credit Suisse has no plans for a capital increase, a source familiar with the matter told Reuters on Wednesday, after the Swiss bank reported a dip in capitalisation.…
By Scott Murdoch HONG KONG – A blank-cheque firm backed by VMS Asset Management has paused plans to go public in Hong Kong due to highly volatile markets, said a…
(Reuters) -An armed man opened fire at a kindergarten in Russia’s central Ulyanovsk region on Tuesday, killing two children and a teacher, the region’s governor said. Another teacher was wounded…