By M. Sriram MUMBAI (Reuters) – New York-based private equity firm Warburg Pincus LLC is in talks to invest around $150 million in Indian small-business lender Vistaar Finance, two sources…
FRANKFURT (Reuters) – German finance minister Christian Lindner on Thursday sought to damp speculation about the government’s stake in Commerzbank that it acquired during a bailout more than a decade…
By James Oliphant and Jason Lange WASHINGTON (Reuters) – Control of the U.S. Congress is at stake in November’s midterm elections, along with President Joe Biden’s remaining policy agenda. Republicans…
SHANGHAI (Reuters) – Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 1.72 million Hong Kong-listed shares of electric vehicle maker BYD for HK$450.83 million ($57 million),…
STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden…
OSLO (Reuters) – Norway’s Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes in several satellite fields, a…
SEOUL (Reuters) – South Korean tech conglomerate Kakao Corp said on Thursday it is no longer exploring plans to sell about 10% of unit Kakao Mobility after objections from unionised…
(Reuters) – Nexstar Media Group, the largest local TV station owner in the United States, said on Monday it will acquire a majority stake in The CW Network, home to…
TOKYO -Shares in SoftBank Group Corp rose 5% in morning trading in Tokyo on Friday after the Japanese conglomerate said it would book a $34.1 billion gain by trimming its…
ZURICH – Credit Suisse shareholder Harris Associates’ increased holding in the Swiss bank reflected an adjustment in how it reports stakes to the U.S. regulator, Finanz und Wirtschaft reported its…
BERLIN – Acquiring a majority stake in T-Mobile U.S. is a priority for Deutsche Telekom’s chief executive Timotheus Hoettgas, he said on Thursday after the telecoms operator published its second-quarter…
By David French and Svea Herbst-Bayliss (Reuters) – MDU Resources Group Inc is confident in its current strategy, the company said on Tuesday, after activist investor Corvex Management unveiled a…
By Jonathan Stempel August 8 – Warren Buffett’s Berkshire Hathaway Inc bought more shares of Occidental Petroleum Corp, surpassing the 20% stake where it could record some of the oil…
By Yuka Obayashi TOKYO – Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily…
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold…
SEOUL – South Korea’s Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about 400 billion won ($308.19 million),…
(Reuters) -Activist investor Elliott Investment Management is building a stake in PayPal Holdings Inc, as it plans to push the fintech giant to ramp up its cost-reduction efforts, Bloomberg News…
‘Life On Earth Is At Stake’: CNN Correspondent Suggests Biden Use Military To Produce Electric Vehicles Laurel Duggan on July 26, 2022 CNN correspondent Bill Weir suggested that the Biden…
Florida Dem Governor Candidate Vowing To Legalize Pot Owns Huge Stake In Dispensary Chain, Filings Show Gabe Kaminsky on July 13, 2022 A Democratic Florida gubernatorial candidate who pledged to…
By Elaine Lies TOKYO – Japan will vote in upper house elections on Sunday that have implications for Prime Minister Fumio Kishida’s grip on the ruling Liberal Democratic Party (LDP)…
By Jonathan Stempel and Akriti Sharma (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, giving it a 17.4% stake…
GUNASEKARA: SCOTUS Drove A Stake Through The Heart Of Bloodsucking Bureaucracies Mandy Gunasekara on July 1, 2022 For too long the regulatory state has run amok, and the U.S. Environmental…
(Reuters) -Costco Wholesale Corp said on Thursday it bought the 45% stake it did not already own in its Taiwan joint venture, Costco-Taiwan, for $1.05 billion. The deal, executed through…
NUR-SULTAN – Kazakh billionaire businessman Timur Kulibayev has handed to the state energy company his stake of 49% in Petrosun, a large oil and oil products trader controlled by China’s…
(Reuters) – Japan’s Toyota Motor Corp has cut its stake in Uber Technologies Inc by about half after the ride-hailing giant divested the autonomous driving unit at the center of…