India’s Coffee Day to sell Bengaluru tech park to Blackstone, cut debt
Coffee Day Enterprises Ltd said on Wednesday it planned to sell a tech park it owned in the southern Indian city of Bengaluru to Blackstone...
Global stocks take fright as recession warnings grow
European stocks fell on Wednesday as Germany’s economy went into reverse, reviving fears of global recession and tempering a rally for equities after Washington delayed...
Anbang’s Japan properties up for sale, Blackstone seen bidding: sources
China’s troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two...
StanChart eyes $100 billion private bank assets in growth push, to hire bankers
Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years and hire dozens of bankers...
Asian stocks cheer Trump’s delay of some China tariffs
Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by...
U.S. aviation regulator bans select MacBook Pro laptops from flights
U.S. Federal Aviation Administration (FAA) has banned certain models of Apple Inc’s MacBook Pro laptops on flights, after the company recalled select units which had...
Stocks bounce, safe havens retreat as Trump delays China tariff
Asian shares joined a global equities rally and safe-haven government bonds pulled back on Wednesday, after Washington delayed tariffs on some Chinese imports in much-needed...
Lower fees, snazzy branches: Hong Kong banks gird for online-only onslaught
Hong Kong’s biggest banks are set to cut fees, boost digital services and jazz up branches with features such as touch-screen display panels to meet...
Factbox: Merged CBS and Viacom aim to join U.S. media big league
CBS Corp and Viacom Inc on Tuesday reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment empire after 13 years apart....
CBS, Viacom reunite with plans for bigger role in streaming TV wars
CBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment empire, betting that a larger company will be...