Reuters Fintech giant Ant Group has outbid billionaire Ken Griffin39;s Citadel Securities for Credit Suisse39;s investment bank venture in China, Bloomberg News reported on Sunday, adding it was unclear whether the Chinese company39;s offer would succeed. Alibaba Group affiliate Ant Group39;s bid to build a securities business in China using Credit Suisse39;s operations would face a thorough […]

Feb 26 Reuters FrancoItalian automaker Stellantis said on Monday it had reached a multibillioneuro frame agreement with leasing and fleet management company Ayvens to sell up to 500,000 vehicles across Europe over the next three years. Under the agreement, Ayvens39; affiliates will buy the vehicles for its longterm leasing fleet across Europe, with the first delivery […]

Feb 26 Reuters Abu Dhabi39;s sovereign wealth fund Mubadala Investment CompanyMUDEV.UL has struck a 1 billion deal with Goldman Sachs to go after private credit deals in Asia, the companies said on Monday. Mubadala and the U.S. bank agreed on a partnership to coinvest in private credit opportunities in the Asia Pacific region, with a particular […]

TOKYO, Feb 26 Reuters Japan39;s Asahi Group Holdings is on the hunt for acquisition targets in the United States and elsewhere to quadruple overseas sales of its flagship Super Dry beer by 2030, its chief executive said. The beverage giant took a step towards that goal last month when it said it was buying Wisconsinbased Octopi […]

DUBLIN, Feb 26 Reuters Ryanair will receive even fewer Boeing aircraft by the end of June than previously expected, CEO Michael O39;Leary said on Friday, potentially prompting the budget carrier to cut its summer schedule at the busiest time of the year. The Dublinbased airline is the first in Europe to warn of disruption due a deepening […]

PARIS, Feb 26 Reuters U.S. automaker General Motors on Monday unveiled its luxury electric Cadillac Lyriq in France, an expansion of its market in Europe after returning last year and a test of whether onlineonly sales will attract wealthy car buyers. In October GM announced it was launching sales in Switzerland, the first step in an allelectric […]

GENEVA, Feb 26 Reuters MG Motors, a unit of China39;s SAIC on Monday unveiled its hybrid hatchback MG3 model for the European market, taking advantage of slowing growth demand for electric vehicles by offering a loweremission model without the need for charging. A pure hybrid combines a fossilfuel engine that charges a larger battery so the […]