Category Archives:
Razer execs plan to value firm at up to $4.5 billion in take-private deal -sources
By Julie Zhu and Kane Wu HONG KONG (Reuters) -A consortium led by Razer Inc's top executives is planning to value the Hong Kong-listed gaming hardware maker at up to HK$35 billion ($4.5 billion) in a ...
Nov 15, 2021
‘Called up from the reserves’: Original Ghostbusters return in new film
By Alicia Powell NEW YORK (Reuters) - It's a family affair both on and off screen in the new "Ghostbusters" movie as writer and director Jason Reitman brings his father's film franchise to a new gener...
Nov 15, 2021
Saudi Arabia’s race to attract investment dogged by scepticism
By Davide Barbuscia, Saeed Azhar and Yousef Saba DUBAI (Reuters) - Saudi Arabia could have a credibility problem if it keeps shifting the goal posts for the amount of foreign investment it wants to tu...
Nov 15, 2021
Huarong gets approval to raise $11 billion bond in interbank market
BEIJING (Reuters) - China Huarong Asset Management has been granted approval to raise 70 billion yuan ($11 billion) of financial bonds in the interbank market, as it continues to improve its credit pr...
Nov 15, 2021
U.S. refiner Citgo posts $4 million quarterly loss, reshuffles board
HOUSTON (Reuters) - Citgo Petroleum Corp, the eighth-largest U.S. oil refiner, reported on Monday its seventh quarterly loss in the last two years and reshuffled its board of directors, naming three n...
Nov 15, 2021
Grab’s ride-hailing services disrupted in Southeast Asian countries
SINGAPORE (Reuters) - Southeast Asia's Grab on Tuesday said it was experiencing a disruption to its services, with customers and drivers in Singapore, Indonesia and Malaysia complaining that they were...
Nov 15, 2021
Google commits $740 million to Australia months after threatening pull-out
SYDNEY (Reuters) - Google will spend A$1 billion ($736 million) in Australia over five years, the tech giant said on Tuesday, just months after it threatened to pull its services from the country in r...
Nov 15, 2021
Australia’s central bank again dismisses calls for 2022 rate hike
SYDNEY (Reuters) - Australia's top central banker has again pushed back against market wagers for a rise in interest rates next year, arguing that home-grown inflation was likely to lag well behind th...
Nov 15, 2021
Asian shares tick up on China property relief, focus shifts to Sino-U.S. talks
By Alun John HONG KONG (Reuters) - Asian shares were mostly higher on Tuesday, as relief in China's property sector supported sentiment while investors also kept a close eye on a key meeting between U...
Nov 15, 2021
Rothko abstract sells for $82.5 million, Pollock sale is record for artist
(Reuters) - A Mark Rothko painting sold for $82.5 million at auction on Monday, the second-highest price for a work by the late abstract artist. Titled, "No.7," the 95 in (241 cm) high canvas painted ...
Nov 15, 2021
Peoria, IL, USA
44 °F Overcast
