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 …
Sources
-
-
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 …
-
Russia’s central bank resisting calls to take over running of Western banks’ local arms -sources
by ReutersMILAN/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 …
-
Exclusive: Alibaba’s Freshippo seeks funds at much lowered $6 billion valuation – sources
by ReutersBy 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 …
-
Exclusive-Peru’s Las Bambas copper mine revives after protest; but deal talks stall – data, sources
by ReutersBy 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 …