American Express Global Business Travel (GBT) said on Friday it would merge with a blank-check firm backed by Apollo Global Management Inc (APO.N) to go public in a deal valued…
Category: Business
Toyota says all Europe sales will be zero-emission cars by 2035
Toyota Motor Corp (7203.T) said all new vehicle sales in Western Europe will be zero-emission models by 2035, as the world's biggest automaker complies with tighter emission rules in the…
Nvidia metaverse future bright even as Arm may slip from grasp
Nvidia Corp's (NVDA.O) dreams of acquiring British chip technology provider Arm for a hefty price of over $80 billion may not materialize, but analysts believe the chipmaker has plenty to…
U.S. factory orders rise more than expected in October
New orders for U.S.-made goods increased more than expected in October and businesses spending on equipment appeared to rebound after declining in the third quarter. The Commerce Department said on…
Real Madrid, Barcelona propose alternative to CVC investment in LaLiga
Top Spanish football clubs Real Madrid and Barcelona have proposed a 2 billion euro ($2.26 billion) bank credit to finance the country's top soccer league in a bid to derail…
Softbank Group shares slide 3% after Didi, Arm, Grab triple setback
Shares in Japanese conglomerate SoftBank Group Corp (9984.T) dropped over 3% on Friday after the giant tech investor was hit with three disappointments within 24 hours, including a poor Nasdaq…
China’s Kaisa starts talks with bondholders as default threat looms
Chinese property developer Kaisa Group Holdings Ltd (1638.HK) has begun talks with some of its offshore bondholders over extending the deadline for a $400 million debt repayment due next week,…