SINGAPORE, May 25 Reuters KKR has raised 1.1 billion in its inaugural Asia credit fund that provides debt financing to companies, marking what the U.S. private equity firm said was one of the largest such firsttime fundraisings in Asia Pacific. Private credit funds have gained traction in Asia in the last few years as companies tap […]

May 26 Reuters Alibaba Group, on Thursday said it would not give a forecast for the current fiscal year due to COVID19 risks as it reported its slowest quarterly revenue growth since going public in 2014. The ecommerce giant said coronavirus resurgence in China, and lockdowns imposed to curb its spread in Shanghai and other […]

Reuters Broadcom Inc said on Thursday it will acquire cloud computing company VMware Inc in a 61 billion cashand stock deal, the chipmaker39;s biggest and boldest bid to diversify its business into enterprise software. The acquisition is the second biggest announced globally so far this year, trailing only Microsoft Corp39;s 68.7 billion deal to buy video game maker […]

2022 investment f39;cast raised by 4.8 to NOK 167 bln Pandemicera tax breaks to boost plans for coming years High oil investments underpin Norway rate hikes OSLO, May 27 Reuters Norway39;s oil and gas companies have raised their investment forecasts for 2022 as they take advantage of high petroleum prices and tax incentives to boost […]