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HONG KONG (Reuters) - China Evergrande Group has dissolved several district-level units of Fangchebao (FCB), its online real estate and automobile marketplace, due to shrinking capital and business, C...

By Krystal Hu (Reuters) - AllTrails, which operates a popular digital guide app for hikers, has raised $150 million in fresh capital from the growth fund of private equity firm Permira, the U.S. compa...

BENGALURU (Reuters) - Indian budget airline SpiceJet said on Wednesday U.S. planemaker Boeing had agreed to settle the outstanding claims related to the grounding of its 737 MAX aircraft. The announce...

By Paulina Duran SYDNEY (Reuters) - Australia's Commonwealth Bank warned fierce competition in its key home loan market was hurting its margins "considerably", triggering a big sell-off in one of the ...

By Omar Younis NEW YORK (Reuters) - A self-portrait by Mexican artist Frida Kahlo featuring her husband, artist Diego Rivera, sold at auction on Tuesday for $34.9 million, the highest price ever paid ...

SHANGHAI (Reuters) - The former chairman of Kangmei Pharmaceutical Co Ltd, Ma Xingtian, has been sentenced to jail for 12 years, state news agency Xinhua reported on Wednesday. Ma was sentenced for ma...

By Alun John HONG KONG (Reuters) - The dollar reached a four-and-a-half-year high against the yen on Wednesday after better-than-expected U.S. retail data, which also boosted Wall Street equities, alt...

By Sonali Paul MELBOURNE (Reuters) - Oil prices dropped on Wednesday after U.S. gasoline stocks fell more than expected last week, which could heighten pressure on the Biden administration to release ...

(Reuters) -Tony Staffieri is replacing Joe Natale as the chief executive officer of Rogers Communications Inc, the Canadian company said on Tuesday. (Reporting by Bhargav Acharya in Bengaluru; editing...

By Kevin Buckland TOKYO (Reuters) - The U.S. dollar hit a fresh high since March 2017 against the yen and traded close to a 16-month peak versus a basket of major peers on Wednesday, as a run of stron...