HONG KONG, August 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to increase its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese game giant pivots into the global games market, four sources with direct knowledge of the matter told Reuters. Sources say China’s largest social network and game company, which … Read more
Bailiff orders 122 banking institutions operating in Luxembourg to freeze Ecuadorian assets Ecuador to issue Luxembourg-listed bonds in 2020 debt overhaul Some bondholders received interest payments due on July 31 LONDON, Aug. 1 (Reuters) – A Luxembourg bailiff has ordered banks to freeze assets held by Ecuador in Luxembourg accounts due to a dispute over … Read more
HSBC reverts quarterly dividend from 2023 In order to attract investors with a higher return target Asian business analyst has huge risk London shares rise 6% LONDON / SINGAPORE, August 1 (Reuters) – HSBC (HSBA.L) pushed back proposal by China’s top shareholder Ping An Insurance Group Co (601318.SS) to split lenders, a move Europe’s biggest … Read more
The Alibaba Group logo is seen on the trading floor at the New York Stock Exchange in Manhattan, New York City, U.S., August 3, 2021. REUTERS / Andrew Kelly / File Photo Sign up now for FREE unlimited access to Reuters.com Register August 1 (Reuters) – Alibaba Group Holding Ltd (9988.HK) on Monday said it … Read more
The PayPal app logo is seen on a mobile phone in this illustration October 16, 2017. REUTERS / Thomas White / Illustration Sign up now for FREE unlimited access to Reuters.com Register JAKARTA, July 30 (Reuters) – Indonesia has blocked search engine site Yahoo, payment company PayPal (PYPL.O) and some gaming sites for not complying … Read more
July 29 (Reuters) – Alibaba Group Holding Ltd (9988.HK)is on a list of Chinese companies that could face delisting, the US Securities and Exchange Commission said on Friday, pushing the e-commerce giant’s shares down about 9%. in midday trading. Alibaba is among more than 270 New York-listed Chinese companies identified as being at risk of … Read more
Chairman of the United States Senator Joe Manchin (D-WV) attends a U.S. Senate Energy and Resources Committee hearing on Capitol Hill in Washington, U.S., July 19, 2022. REUTERS/Elizabeth. Frantz / File Photo Sign up now for FREE unlimited access to Reuters.com Register WASHINGTON, July 28 (Reuters) – U.S. President Joe Biden’s campaign trail promises to … Read more
July 26 (Reuters) – Credit Suisse Group AG (CSGN.S) Expected to announce Ulrich Koerner as its new chief executive, the Swiss bank’s latest leadership has left the Swiss bank as it struggles to recover from a series of scandals. confused, two sources familiar with the situation said Tuesday. Pressure has been mounting on CEO Thomas … Read more
A man walks past the office building of Alibaba Group in Beijing, China August 9, 2021. REUTERS / Tingshu Wang Sign up now for FREE unlimited access to Reuters.com Register Expected to add main listing in HK by end of 2022, keep listing on NYSE Hong Kong shares rose 5%; the move will diversify the … Read more
July 21 (Reuters) – Amazon.com Inc (AMZN.O) on Thursday agreed to purchase primary care provider One Medical (A MOMENT) for $3.49 billion, expanding the e-commerce giant’s virtual healthcare sector for the first time and adding a traditional doctor’s office. The all-cash deal will combine two relatively small players as Amazon continues its years-long march into … Read more