WeWork considers $1.9 billion offer for 70% Indian affiliate stake: Bloomberg
Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company’s plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter.
Bayer says to invest 5 billion euros in new weed killers
Bayer said it would invest 5 billion euros ($5.6 billion) in developing new weedkillers and reducing its environmental impact by 30% by 2030, as it seeks to address the fallout from U.S. class-action litigation over glyphosate.
Hedge fund Third Point calls on Sony to spin off semiconductor unit
Daniel Loeb’s activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company.
Asia stocks sag ahead of China data, Gulf attacks support oil
Asian stocks sagged on Friday ahead of key Chinese data that could provide more clues on how heavily the U.S.-Sino trade war is weighing on the economy, while oil prices were supported by supply concerns after attacks on tankers in the Gulf of Oman.
Exclusive – Business and pleasure: how Russian oil giant Rosneft uses its corporate jets
Jets used for corporate travel by Russian state-owned oil major Rosneft flew at least 13 times to Mallorca, Ibiza, Sardinia and the Maldives when CEO Igor Sechin or people from his social circle were in the same vacation spots.
Asia stocks subdued ahead of China data, Gulf attacks support oil
Asian stocks were subdued on Friday ahead of key Chinese data that could provide more clues on how heavily the U.S.-Sino trade war is weighing on the economy, while oil prices were supported by supply concerns after attacks on tankers in the Gulf of Om…
Safe havens emerge in China, South Asia as recession risks grow
Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold.
Asia stocks steady after oil surge lifts Wall Street
Asian stocks held their ground on Friday after Wall Street gained on a surge in oil prices as attacks on tankers in the Gulf of Oman stoked U.S.-Iran tensions and raised concerns over supply flows through one of the world’s main sea lanes.
Google policy head retools team for global lobbying push
Alphabet Inc’s Google is trying to plug a surge of public scrutiny around the world by overhauling how its policy office operates, with increased emphasis on having policy staffers and top company executives alike building relationships with government…
Huawei says it is readying possible Hongmeng software roll-out
(This June 13th story corrects to remove incorrect reference to Hongmeng OS rollout on 1 million devices in paragraph 2 and 4 after official clarification from company)
