Exclusive: Taiyo Nippon, Carlyle frontrunners to buy Linde and Praxair assets – sources
NEW YORK/FRANKFURT (Reuters) – Taiyo Nippon Sanso Corp and private equity firm Carlyle Group have emerged as frontrunners to buy assets that gases groups Linde and Praxair need to divest to seal their planned merger, people close to the matter said…
World shares snap five-day losing streak on China policy easing
LONDON (Reuters) – World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent sharp falls as expectations grew that policy stimulus by Beijing could temper some of the impact from an escalating Sino-U.S. trade conf…
World shares snap 5-day losing streak on China policy easing
LONDON (Reuters) – World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent sharp falls as expectations grew that policy stimulus by Beijing could temper some of the impact from an escalating Sino-U.S. trade conf…
Chinese media denounces Trump trade moves as Beijing touts sincerity
BEIJING (Reuters) – The Trump administration has “blood lust” when it comes to pushing its trade agenda against China and wants to “suck the lifeblood” from China’s economy, a state-run newspaper said on Wednesday, stepping up the angry rhetoric over t…
Toyota captures data goldmine in $1 billion Grab bet
TOKYO/SINGAPORE (Reuters) – By pumping $1 billion into ride-hailing firm Grab, Toyota Motor Corp stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia, tracking how fast they drive, how far they travel and the time the…
SoftBank’s Son to prioritize unicorn hunting as firm shifts focus
TOKYO (Reuters) – SoftBank Group Corp Chief Executive Masayoshi Son said on Wednesday he plans to devote the bulk of his time to hunt for technology investments around the world, as part of a major shift in focus at the Japanese tech and telecoms congl…
China’s Xiaomi plans to raise up to $6.1 billion in Hong Kong IPO: sources
HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent year…
SoftBank’s Son to focus on investing to speed up major company shift
TOKYO (Reuters) – SoftBank Group Corp’s CEO Masayoshi Son said on Wednesday he plans to devote the bulk of his time to hunt for technology investments around the world, as part of a major shift in focus underway at the Japanese telecoms and tech group…
Latecomer Sanofi looks to catch next wave of cancer therapies
PARIS (Reuters) – Sanofi missed the boat on immune system-boosting cancer drugs. Now it’s trying to catch up.
Asian stocks pick up steam as hopes of policy support lift China
SHANGHAI (Reuters) – Asian stock markets picked up steam in afternoon trade on Wednesday after a wobbly morning session, highlighting the lingering anxiety and uncertainty surrounding a heated trade dispute between China and the United States.
