Business
Japanese technology and financial services groups SoftBank and PayPay are reportedly considering a major investment in retail giant Seven & i Holdings, according to Bloomberg News. The potential deal could involve an investment worth several hundred billion yen, with financial group Sumitomo Mitsui......
Chinese online fast-fashion giant Shein has received approval from Chinese regulators to proceed with a long-awaited initial public offering (IPO) in Hong Kong, marking a major step toward a potential stock market debut after previous attempts in other financial centres failed. The China Securities......
French telecom entrepreneur Xavier Niel is set to become the largest shareholder in Vodafone through a €5.1 billion investment, significantly expanding his influence in the European telecommunications sector. According to a statement released on Friday, the transaction will be carried out through......
The French retail operations of Japanese fashion retailer Uniqlo are set to face significant disruption this Saturday after the CFDT union called on employees across the country to take part in a coordinated strike. The action reflects growing tensions over workplace conditions and highlights broader......
Britain's communications regulator has imposed a £28 million ($37 million) fine on Virgin Media after concluding that the company repeatedly made it difficult for customers to cancel their contracts over a period spanning nearly three years. According to Ofcom, its investigation identified......
Amazon is preparing to raise at least $25 billion through a U.S. dollar-denominated bond offering, according to a media report, as the technology giant seeks additional funding to support its expanding artificial intelligence strategy. The planned debt issuance would rank among the company's largest......
HSBC has launched a strategic review of its retail and domestic corporate banking operations in Turkey, as the British banking group continues efforts to simplify its global structure and focus on markets where it sees stronger growth potential. The lender said on Tuesday that it is evaluating all options......
India’s Titan Company reported a 41% year-on-year increase in its consumer business during the first quarter of the financial year, supported by strong festival-driven demand that fueled sales in its flagship jewelry division. The company said growth for the three months ending June 30 was primarily......
BP’s interim chairman Ian Tyler is reportedly interested in taking on the role permanently following the departure of his predecessor, according to a report by Sky News. The development comes after BP removed former chairman Albert Manifold from the position in May, less than eight months after......
Citi has secured a pivotal role in the global precious metals market after becoming the fifth institution authorized to clear transactions in London's over-the-counter gold market, strengthening its position in one of the world's most influential bullion trading hubs. The approval gives the......
Italian shipbuilding group Fincantieri is significantly expanding its footprint in the underwater technology sector through a series of acquisitions worth approximately €600 million, strengthening its position in one of the fastest-growing segments of the maritime industry. The company announced......
EasyJet shares jumped sharply in early trading on Monday after the British low-cost airline announced it had reached an agreement in principle to support a £5.5 billion takeover proposal from U.S.-based investment firm Castlelake. The positive market reaction reflected growing investor confidence......
South Korean semiconductor manufacturer SK Hynix is reportedly considering an underwriting fee of around 0.5% of the proceeds from its planned American Depositary Receipt (ADR) offering, as preparations accelerate for one of the largest U.S. equity listings in recent years. According to reports citing......
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