By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean retailer Shinsegae (KS:004170) plans to set up a joint venture with Alibaba (NYSE:BABA) International, Shinsegae affiliate E-Mart said on Thursday.…
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SHANGHAI/BEIJING (Reuters) -Jinjiang Group, a contractor for Chinese electric vehicle maker BYD (SZ:002594), said on Thursday Brazilian authorities’ portrayal of their employees as “enslaved” was inconsistent with the facts and…
Investing.com — Taiwan’s Fair Trade Commission (FTC) has halted Uber Technologies (NYSE:UBER)’ planned $950 million takeover of Foodpanda’s local delivery business due to concerns over anti-competition. The decision hinders Uber’s…
Investing.com — Chinese consumer electronics company Xiaomi (OTC:XIACF) has announced it will join the electric vehicle (EV) charging networks of rivals NIO, XPeng (NYSE:XPEV), and Li Auto (NASDAQ:LI). The partnership…
Investing.com – India stocks were higher after the close on Thursday, as gains in the Auto, Power and Public Sector Undertakings sectors led shares higher. At the close in NSE,…
(Reuters) – U.S. stock index futures were lower on Thursday in light trading volumes after the Christmas holiday, as investors took stock of their portfolios and looked for a boost…
Investing.com – Indonesia stocks were lower after the close on Wednesday, as losses in the Financials, Agriculture and Basic Industry sectors led shares lower. At the close in Jakarta, the…
Investing.com — Wolfe Research identified three distinct phases of what it calls the Trump Trade for 2025, highlighting shifts in market strategy as policy uncertainties evolve under the new U.S. administration.…
By Sophie Yu and Brenda Goh BEIJING (Reuters) – China’s box office revenues for Christmas Eve plummeted to the lowest in at least 13 years, data from ticket booking platform…
Exclusive-KKR, Bain bids ranged from $4.8 billion to $7.6 billion for Seven & i assets, sources say
By Miho Uranaka, Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Private equity firms including KKR and Bain Capital offered from around 750 billion yen ($4.8 billion) to around 1.2…