Political risks of Hong Kong exchange’s $39 billion LSE approach takes toll on shares
Hong Kong stock exchange shares fell more than 3% on Thursday as investors raised concerns about the political and regulatory risks involved in its $39...
Mexico’s $5 billion debt bailout for Pemex ‘a one off’: deputy minister
Mexico’s $5 billion rescue package to pay down debt at Pemex [PEMX.UL] is a one-of-a-kind transaction that should give the struggling state oil company breathing...
AB InBev set to revive Budweiser Asia IPO with $5 billion float: sources
The world’s largest brewer, Anheuser-Busch InBev , which shelved a Hong Kong IPO of its Asia Pacific unit in July, is planning to raise about...
Nissan China head, turnaround executive among top candidates for CEO: sources
The head of Nissan Motor Co’s China business and an executive tasked with leading its revival have emerged as two of the top candidates to...
As trade war deepens, a state-owned insurer in China helps soften the blow
As the U.S.-China trade war intensifies, an insurance company run by the Chinese government is stepping in to support Chinese exporters, providing low cost coverage...
Amid U.S. vaping crackdown, Juul enters China with online store openings
U.S. e-cigarettes maker Juul Labs Inc, which faces a widening crackdown on vaping at home, has entered China, with online storefronts on e-commerce sites owned...
Hong Kong exchange shares fall as political risks of $39 billion LSE approach weigh
Shares in the Hong Kong stock exchange fell more than 3% on Thursday as investors cast doubt on the merits of its $39 billion takeover...
British American Tobacco to cut 2,300 jobs by Jan 2020
British American Tobacco Plc said on Thursday it would lay off 2,300 employees globally by January as it looks to simplify its operational structure....
Asian stocks at six-week highs as trade war gloom lifts before ECB
Asian stocks advanced to a six-week high on Thursday on hopes for a thaw in U.S.-China trade relations and expectations that the European Central Bank...
U.S., China grant trade concessions as fresh talks loom
U.S. President Donald Trump on Wednesday welcomed China’s decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announced a short...