By Foo Yun Chee BRUSSELS – EU antitrust regulators are set to beef up an investigation into Apple, triggered by Spotify, with new evidence but not new charges, in the…
By Tim Hepher and David Shepardson FARNBOROUGH, England -Qatar Airways could revive an order for 25 Boeing 737 MAX airplanes at the Farnborough Airshow, sources told Reuters. On Monday, Qatar…
By Makiko Yamazaki and Takaya Yamaguchi TOKYO – Japan’s Toshiba Corp has selected four bidders including private equity firms Bain Capital, CVC Capital Partners and Brookfield Asset Management to proceed…
HONG KONG – Alex To, one of Bank of America’s top rainmakers in Asia, has recently left the bank, three people with knowledge of the matter told Reuters. To, based…
WASHINGTON – U.S. President Joe Biden will issue executive orders on Wednesday aimed at addressing the climate crisis, two sources familiar with the matter told Reuters on Tuesday. “Don’t be…
By Makiko Yamazaki, Scott Murdoch and Kane Wu TOKYO/HONG KONG – KKR & Co does not plan to lead a bid for Japanese conglomerate Toshiba Corp at this point, three…
By Rachael Levy (Reuters) – A founding member of Elon Musk’s Neuralink left the company in recent weeks, according to two people familiar with the matter, the latest in a…
By Yantoultra Ngui and Anshuman Daga SINGAPORE – QSR Brands, the Malaysian operator of KFC and Pizza Hut restaurants in Southeast Asia, has again delayed its domestic IPO of up…
By Yoshifumi Takemoto, Ritsuko Shimizu and Miho Uranaka TOKYO – The Japanese government plans to support Mitsui & Co and Mitsubishi Corp in their attempts to stay in the Sakhalin-2…
MILAN/MOSCOW – Russia’s central bank is resisting domestic calls to take over the running of foreign lenders’ local businesses, two sources with direct knowledge of the matter told Reuters, concerned…
By Selena Li HONG KONG – Barclays is seeking a Chinese banking partner to set up an asset management joint venture in the country, two people with knowledge of the…
HONG KONG – China International Capital Corp Ltd (CICC) has appointed veteran dealmaker Wang Shuguang to lead its investment banking business, said two people with knowledge of the matter. The…
By Yimou Lee and Stephen Nellis (Reuters) – The global smartphone market may be in the toilet, but the iPhone 13 continues to sell well, and Apple Inc is expecting…
By Kane Wu HONG KONG – Alibaba’s supermarket chain Freshippo is seeking to raise funds at a valuation of about $6 billion, much lower than a hoped-for valuation of up…
By Selena Li and Julie Zhu HONG KONG -Wang Sheng, investment banking head of China International Capital Corp Ltd (CICC), is set to leave the bank to take over as…
By Krystal Hu and Chibuike Oguh (Reuters) – Private equity firm BC Partners Ltd is exploring a sale of Presidio Inc, which could value the U.S. information technology provider at…
By Marco Aquino and Adam Jourdan LIMA – Copper output at Peru’s huge Las Bambas mine has returned to normal levels after a two-month shutdown due to protests was ended…
PARIS – Europe’s Airbus delivered some 58 jetliners in June, bringing first-half deliveries to around 295 – fractionally below the mid-way performance last year, industry sources said. Airbus declined to…
By Francesco Canepa and Balazs Koranyi SINTRA, Portugal – The European Central Bank will buy bonds from Italy, Spain, Portugal and Greece with some of the proceeds it receives from…
By Selena Li and Samuel Shen HONG KONG/SHANGHAI -Canada’s Manulife Financial Corp moved closer toward taking full control of its funds joint venture in China after regulators there accepted an…
By Makiko Yamazaki and Kane Wu TOKYO/HONG KONG – State-backed Japan Investment Corp (JIC) has hired SMBC Nikko Securities as its financial adviser for its pursuit of a potential equity…
By Giuseppe Fonte and Valentina Za ROME – The Italian Treasury is set to guarantee a 2 billion euro ($2.1 billion) bank credit line for Telecom Italia (TIM), three sources…
By Orhan Coskun and Jonathan Spicer ANKARA – A NATO summit this week is unlikely to see a breakthrough to overcome Turkey’s opposition to Sweden and Finland’s membership bids as…
By Emily Chan TAIPEI – Some Taiwanese holders of Russian Eurobonds have not received interest due on May 27 after a grace period expired on Sunday evening, two sources said,…
PARIS -Production stoppages at two Stellantis auto plants in France stem from shortages in components from German supplier Continental, two sources close to Stellantis said on Friday. Continental was unable…