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Share ✓ Link copied to clipboard! What's New The Norstrom department store chain is set to go private after the Nordstrom announced on Monday that it had made a $6.25 billion deal to buy…
NEWS Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion (S$2.9 billion) including debt, cutting the Murdoch-controlled media…
INDONESIA claimed victory after Apple offered to increase its investment in the country to US$1 billion to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone…
MADRID (AP) — For weeks, Spaniards had anticipated the arrival of “El Gordo” or "The Fat One." But unlike Santa Claus, El Gordo arrived three days before Christmas, before noon on Sunday.…
Spain's world-famous "El Gordo" Christmas lottery organizers began broadcasting the draw from the Teatro Real opera house in Madrid on Sunday morning, with winnings totalling more than…
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and operates an office building in Shanghai, to an…
CK HUTCHISON’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4 billion euros (S$4.8 billion) asset sale to Cellnex Telecom. The…
CONTEMPORARY Amperex Technology Co Limited (CATL) is considering a second listing in Hong Kong that could raise at least US$5 billion, making it the city’s biggest since early 2021,…
ALIBABA Group said on Tuesday that it will sell its department store unit Intime to a consortium comprising textiles firm Youngor Fashion and some of Intime’s management for 7.4 billion…
PROPERTY company Wee Hur has confirmed earlier news reports that it would be selling its Australian-focused purpose-built student accommodation (PBSA) portfolio for A$1.6 billion (S$1.4…
THE US Energy Department on Monday (Dec 16) said it has finalised a US$9.63 billion loan to a joint venture of Ford Motor and South Korean battery maker SK On to help finance construction…
THE British government has approved Czech billionaire Daniel Kretinsky’s £5.3 billion (S$9 billion) takeover of Royal Mail owner International Distribution Services, the Financial Times…
Liberty Media's ambitious plan to acquire an 86% stake in Dorna Sports, the rights holder of MotoGP, has been met with resistance from European Union antitrust regulators. The deal,…
BLACKSTONE Inc is buying a mixed-use complex in Tokyo from Seibu Holdings in the largest real-estate acquisition by a foreign fund in Japan. The world’s largest alternative asset manager…
HONG Kong-listed real asset manager ESR Group has secured a five-year syndicated sustainability-linked term loan and revolving credit facilities (SLL) amounting to US$2.5 billion. The move…
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International Finance Corporation (IFC), the World Bank’s…
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International Finance Corporation (IFC), the World Bank’s…
SPACEX and its investors have agreed to purchase as much as US$1.25 billion of insider shares in a transaction valuing Elon Musk’s rocket and satellite maker at about US$350 billion,…
A US judge suspended supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday in a win for the Federal Trade Commission, which had argued the…
STELLANTIS and Chinese battery maker CATL will invest 4.1 billion euros (S$5.8 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on Tuesday…
BILLIONAIRE Mukesh Ambani-owned Reliance Industries is in talks with banks for a loan of as much as US$3 billion to refinance debt due next year, according to sources familiar with the…
GIC is working with JPMorgan Chase to help advise on a strategic review of options including a sale of its 50 per cent stake in India’s Greenko Energy Holdings, people familiar with the…
ALMOST US$10 billion has poured into US exchange-traded funds (ETFs) investing directly in Bitcoin since Donald Trump became president-elect, in a bet that his embrace of the crypto sector…
THE World Bank received pledges to deploy a record of US$100 billion via its unit focused on low-interest loans and grants to the poorest nations. The total figure to fund its…
