Exclusive: Blackstone in talks to buy majority stake in key Thomson Reuters unit
LONDON (Reuters) – U.S. private equity firm Blackstone Group LP is in advanced talks to buy an approximate 55 percent stake in the Financial and Risk business of Thomson Reuters Corp, a deal that would value the unit at about $20 billion including debt…
Fiat Chrysler, Waymo expand deal for self-driving public ride-hailing service
DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCA) will provide Waymo with thousands of Pacifica hybrid minivans as Alphabet Inc’s self-driving unit begins rolling out its first public ride-hailing service later this year, the companies said on Tue…
Qualcomm to make first payment for violating competition law in Taiwan
TAIPEI (Reuters) – Qualcomm Inc will pay T$390 million ($13.35 million), its first installment of a fine for anti-trust violations in Taiwan, the Taiwan Fair Trade Commission said on Tuesday, as the U.S. chipmaker grapples with issues around its busine…
Taiwan regulator says Qualcomm to pay fine on anti-trust violations
TAIPEI (Reuters) – The Taiwan Fair Trade Commission said on Tuesday U.S. chipmaker Qualcomm Inc will pay its first installment of a fine worth T$390 million ($13.35 million) for anti-trust violations.
Asia stocks off record highs as Wall St. flags, dollar firms on higher yields
TOKYO (Reuters) – Asian stocks retreated from record highs on Tuesday after a selloff in Apple shares and spike in bond yields knocked Wall Street lower, while the dollar found support as U.S. bond yields climbed to near four-year highs.
Exclusive: Blackstone in talks to buy majority stake in key Thomson Reuters unit – sources
LONDON (Reuters) – U.S. private equity firm Blackstone Group LP is in advanced talks to buy an approximate 55 percent stake in the Financial and Risk business of Thomson Reuters Corp , a deal that would value the unit at about $20 billion including d…
Macau regulator says met with Wynn executives over sexual harassment claims
HONG KONG (Reuters) – Macau’s gaming regulator met with representatives of U.S. mogul Steve Wynn in the Chinese controlled territory over claims in a newspaper report that he routinely subjected women who worked for him to unwanted sexual advances.
Japan’s Renesas dismisses report on talks to buy Maxim
TOKYO (Reuters) – Renesas Electronics Corp dismissed a media report that said the Japanese automotive chip maker was in talks to acquire U.S. chipmaker Maxim Integrated Products Inc.
U.S. businesses optimistic on China growth, bemoan unfair treatment
BEIJING (Reuters) – U.S. companies are more confident China will further open up to foreign investment in coming years, a top business lobby said on Tuesday, but it cautioned that an “astounding” three-quarters of its members do not feel welcomed by th…
Asia stocks off record highs as Wall St. flags, higher yields support dollar
TOKYO (Reuters) – Asian stocks retreated from record peaks on Tuesday after a selloff in Apple shares knocked Wall Street, while the dollar found support as U.S. bond yields climbed to near four-year highs.
