Olam Group expects agricultural unit’s Singapore-Saudi dual IPO by 2024 first half
(Reuters) – Singapore’s Olam Group said on Friday it is targeting the IPO of its agricultural unit by the first…
BYD calls on China automakers to unite, ‘demolish the old’ in global push
(Reuters) – A patriotic call by China’s bestselling automaker to band the industry together and “demolish the old legends” of…
Futures subdued after turbulent session, eyes on inflation data
(Reuters) – U.S. stock index futures were subdued on Friday, with investors cautious ahead of the producer prices inflation data…
Country Garden restructuring fears deepen concerns about China property sector
(Reuters) – Fears that Chinese property giant Country Garden was preparing for a debt restructuring sent its securities to a…
San Francisco moves to center of robotaxi universe after California agency vote
(Reuters) – California just supercharged the self-driving car industry. Following a contentious state agency vote, Alphabet (NASDAQ:GOOGL) Inc’s Waymo and…
Siemens Gamesa has fix for onshore wind turbine problem
(Reuters) – Siemens Energy (ETR:ENR1n) has fixed quality issues at onshore wind turbines it is currently selling to customers, the…
Italy signs preliminary deal with KKR to take up to 20% of TIM’s grid
(Reuters) -The Italian government could end up with a stake of as much as 20% in Telecom Italia (BIT:TLIT)’s landline…
Private equity firm CVC bags $4.45 billion so far in sixth Asia-focused fund
(Reuters) – Europe-based private equity firm CVC Capital Partners has raised over $4.45 billion so far for its new Asia-focused…
China drugmakers axe IPO plans as they face scrutiny in anti-graft drive
(Reuters) – A growing number of healthcare companies in China are shelving their initial public offering (IPO) plans as its…
UBS ends state guarantee granted over Credit Suisse rescue
(Reuters) – UBS won’t need the government guarantee it secured to rescue failing rival Credit Suisse and has repaid billions…