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Carlyle buys $510 million stake in logistics arm from Hyundai Motor Group owner family members
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Private equity giant Carlyle Group bought a 10% stake in logistics company Hyundai Glovis Co Ltd worth about 611 billion won ($510 million), Hyundai Mot...
Syndicated Content Jan 05, 2022
HSBC China brokerage joint venture partner selling 39% stake
HONG KONG (Reuters) - HSBC Holdings PLC's China securities brokerage joint venture partner is selling most of its equity ownership, an exchange filing showed, and a source with knowledge of the matter...
Syndicated Content Jan 05, 2022
French court rules in favour of class action against Sanofi over Depakine drug – media
PARIS (Reuters) - A French court on Wednesday ruled that the families of victims of Depakine, an epilepsy drug that caused birth malfunctions and slow neurological development when taken during pregna...
Syndicated Content Jan 05, 2022
Some Ghislaine Maxwell jurors initially doubted accusers, juror says
By Luc Cohen NEW YORK (Reuters) - During jury deliberations after the trial of British socialite Ghislaine Maxwell, some jurors initially doubted the accounts of two of her accusers, one member of the...
Syndicated Content Jan 05, 2022
Japan PM urges business lobbies, unionists to reverse downtrend in wages
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida on Wednesday called on business lobbies and unions to work together to "boldly reverse" a downtrend in workers' wages as the government seeks to...
Syndicated Content Jan 05, 2022
Udaan raises $200 million via convertible notes
By Sankalp Phartiyal NEW DELHI (Reuters) - Indian e-commerce firm Udaan has raised $200 million via convertible note financing in a round in which new and existing investors participated, an internal ...
Syndicated Content Jan 05, 2022
TPG invests $360 million in AI tech startup Fractal
(Reuters) - Artificial intelligence technology startup Fractal said on Wednesday it has received a $360 million investment from private equity firm TPG through its Asia focused investment platform. TP...
Syndicated Content Jan 05, 2022
German cartel office steps up examination of Google products
BERLIN (Reuters) -Germany's cartel office said it was examining Google's use of personal data and its Google News Showcase product under its new powers to regulate internet companies, and was also con...
Syndicated Content Jan 05, 2022
Shares in COVID-19 vaccine developer Valneva extend fall
PARIS (Reuters) - Shares in biotech company Valneva fell again on Wednesday, declining for the seventh day in a row due to a growing belief amongst investors that the COVID-19 Omicron variant might le...
Syndicated Content Jan 05, 2022
BOJ may revise up next fiscal year’s inflation forecast – sources
TOKYO (Reuters) - The Bank of Japan is expected to slightly revise up its inflation forecast for the fiscal year beginning in April on rising energy costs, though the new projection will still keep pr...
Syndicated Content Jan 05, 2022
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