Jan 19 Reuters French shipping firm CMA CGM is set to buy British logistics firm Wincanton for about 700 million in a cash deal that will take the Marseillebased group39;s push in logistics into the UK supermarket sector. The acquisition, announced by the two companies on Friday, would allow CMA CGM, privately controlled by the FrancoLebanese […]

ZURICH, Jan 19 Reuters Swiss engineering group ABB39;s operations in China are being scrutinised by two U.S. Congress committees dedicated to investigating security threats and risks posed by Beijing, documents showed on Friday. The committees from the House of Representatives sent a letter this week to ABB inviting executives to public hearings to clarify the company39;s […]

COPENHAGEN, Jan 19 Reuters Denmark39;s Maersk said on Friday it was temporarily suspending bookings to Djibouti from Asia, the Middle East, Oceania, East Africa and South Africa on its Blue Nile Express service. The situation in and around the Red SeaGulf of Aden continues to be volatile and all available intelligence at hand confirms that the […]

SINGAPOREHANOI, Jan 19 Reuters Global investment firm KKR Co has emerged as the largest shareholder of one of Vietnam39;s biggest eye hospital chains, Medical Saigon Group MSG, according to an MSG internal memo seen by Reuters on Friday. Financial details of the investment were not disclosed in the memo sent to MSG39;s staff on Jan. 19 […]

Jan 19 Reuters BlackRock39;s spot bitcoin exchangetraded fund ETF hit 1 billion in assets in the first four days of trading, the first to clinch the milestone among a batch of newly launched ETFs tracking spot bitcoin prices, J.P.Morgan data showed. The U.S. Securities and Exchange Commission SEC approved nearly a dozen ETFs tracking the world39;s largest […]