Global stocks pause after coronavirus shakeout
Global stock markets stabilised on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce after the previous...
China’s main manufacturing hubs reboot after virus shutdown
As many parts of China ease coronavirus travel curbs, main manufacturing hubs in the east and south are seeing hundreds of thousands of migrant workers...
SoftBank-backed Grab raises $856 million from Japanese investors in financial services push
Southeast Asia’s Grab said Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million...
Oil prices rise on bargain-hunting; virus fears cap gains
Oil climbed on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out...
Amazon expands physical footprint with bigger cashier-less grocery shop
Amazon.com Inc is bringing its cashier-less store technology to a larger stage....
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...