Tesco completes China exit with joint venture stake sale
Britain’s biggest retailer Tesco has completed its exit from China with the sale of a 20% stake in a joint venture to a unit of...
Japan’s ANA orders 15 more Boeing 787 Dreamliners worth $5 billion at list prices
ANA Holdings Inc said it will buy 15 more Boeing Co 787 Dreamliners worth $5 billion at list prices, the first commercial order announcement for...
Tesco sells stake in Chinese joint venture for $357 million
Britain’s biggest retailer Tesco has sold its 20% share of a joint venture in China to a unit of its partner China Resources Holdings (CRH),...
Deere taps tractor-hailing tech in bid to break ground in Africa
It’s ride-hailing, farm style. Deere & Co. is teaming up with the “Uber of tractors” in Africa and betting on a future where farmers summon...
British fintech Revolut hits $5.5 billion valuation after funding round
Digital banking app Revolut has raised $500 million in a fresh funding round, confirming the British-based business as one of the world’s most valuable financial...
SoftBank-backed Grab raising $856 million from Japanese investors
Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS...
Grab raising $706 million from MUFG to roll-out financial services
Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS...
UBS, Credit Suisse’s emergency plans are effective: financial watchdog
The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland’s regulator FINMA said on Tuesday....
JPMorgan to maintain key growth targets from last year at investor day: analysts
JPMorgan Chase & Co executives are unlikely to provide new financial targets at the bank’s annual investor day on Tuesday, and instead will use the...
Boeing close to deal to supply more 787 Dreamliners to Japan’s ANA: sources
Boeing Co is close to a deal to supply more 787 Dreamliners to Japan’s ANA Holdings Inc in what would be the U.S. planemaker’s first...