Nov 18 Reuters Australia39;s competition regulator said on Monday it is seeking views on the Macquariebacked telecommunications group Vocus39; A5.25 billion 3.39 billion takeover of local telecom operator TPG Telecom39;s enterprise, government, and wholesale EGW fixed business and fibre network assets. The Australian Competition and Consumer Commission ACCC said it is seeking views from interested parties on […]

SINGAPORE, Nov 18 Reuters Cryptocurrency exchange OKX said on Monday it would offer instant Singapore dollardenominated deposits and withdrawals to customers in the citystate, taking a step toward deeper integration with Singapore39;s traditional financial system as trading and interest in cryptocurrencies surge. The funds transfer service will be facilitated by Singapore39;s biggest bank DBS Group and […]

SYDNEY, Nov 18 Reuters China39;s biggest ecommerce company Alibaba Group is aiming to raise 5 billion in multitranche dollar and offshore Chinese yuan bonds, according to two sources with direct knowledge of the matter. The company confirmed plans for bond fundraising in a regulatory filing on Monday but said the size, interest rate and maturity would […]

Diageo betting on Guinness to help offset spirits woes Company has high hopes for zero alcohol Guinness But price hikes could open door to rivals LONDONDUBLIN, Nov 18 Reuters Diageo needs its leading stout beer Guinness to keep growing fast and is pushing a zero alcohol alternative. But price hikes are turning off some UK customers […]

BEIJING, Nov 18 Reuters China39;s Huawei Technologies on Monday announced that it had started taking preorders for its Mate 70 smartphone model, in a statement on its official WeChat account. It will also hold an event for the Mate brand on Nov. 26, it said in a separate statement, where it is expected to unveil […]

FRANKFURT, Nov 18 Reuters Two top European Central Bank policymakers signalled on Monday they were more worried about the damage that expected new U.S. trade tariffs would do to economic growth in the euro zone than any impact on inflation. Investors and policymakers around the world are awaiting the details of U.S. Presidentelect Donald Trump39;s new trade policy […]

SHANGHAI, Nov 15 Reuters China39;s Ant Group reported a 192.9 rise in net profit to 7.59 billion yuan 1.05 billion in the three months to March 31, according to Reuters calculations based on Alibaba Group Holdings39; earnings released on Friday. The ecommerce giant reports profit from Ant one quarter in arrears. The near tripling of Ant […]

Retail sales increase 0.4 in October September sales gain raised to 0.8 from 0.4 Core retail sales dip 0.1; September revised up to 1.2 Import prices up 0.3 after two straight monthly declines WASHINGTON, Nov 15 Reuters U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and […]

TOKYO, Nov 15 Reuters Nissan Motor shares jumped as much as 6 in early Tokyo trading on Friday after Japan39;s Diamond Online magazine reported that activist investor Oasis Management had taken a stake in the automaker. Nissan39;s shares had also jumped on Tuesday after a filing showed an entity related to activist Effissimo Capital Management had taken a […]

Nov 15 Reuters Bob Iger returned to Walt Disney as CEO in 2022 with a bold promise of making streaming profitable. The latest quarterly results have shown signs of a turnaround at the storied media company, suggesting that Iger may be getting the House of Mickey Mouse in order by focusing on its streaming business. Disney […]