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Grab Holdings Inc is in talks to go public through a merger with a blank-check firm controlled by Altimeter Capital Management LP that could value the SoftBank-backed ride-hailing company at nearly $40 billion, the Wall Street Journal reported on Thursday.

Chinese search engine company Baidu Inc is looking to raise at least $3.03 billion by selling 95 million shares as books opened on Thursday for its Hong Kong listing, according to a term sheet from the deal's launch.

Grab Holdings Inc is in talks to go public through a merger with a special purpose acquisition company that could value the ride-hailing giant at nearly $40 billion, making it the largest ever blank-check deal, people familiar with the matter said on Thursday.

Grab Holdings Inc is in talks to go public through a merger with a blank-check firm controlled by Altimeter Capital Management LP that could value the SoftBank-backed ride-hailing company at nearly $40 billion, the Wall Street Journal reported on Thursday.

3 Min Read MOSCOW, March 10 (Reuters) - Russia’s Sovcombank has no immediate plans for an IPO and doesn’t intend to bring forward a 2024 deadline, despite a pick up in new issues, as investor sentiment towards the banking sector remains mixed, co-owner Sergei Khotimsky told Reuters. Sovcombank’s plans are in focus amid a pick-up in Russian initial public offerings (IPO), with retailer Fix Price raising $2 billion in an IPO last week. Russia’s third largest private bank hired banks last ...

5 Min Read ZURICH (Reuters) - Credit Suisse grappled with the fall-out of Greensill Capital’s insolvency on Wednesday, as the head of its European asset management division temporarily stepped aside and it appointed receivers to recover a $140 million loan in Australia. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland, Oct. 28, 2020. REUTERS/Arnd Wiegmann The Swiss bank was a key source of funding for the speciality finance firm, selling $10 bil...

Shares of U.S. gaming company Roblox Corp were set for a jump of up to 60% in its New York Stock Exchange trading debut on Wednesday, which would value the company at more than $46 billion.

Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion.

Oman's central bank instructed banks, finance companies and financial leasing firms to continue to grant a 12-month grace period for all existing and future borrowers whose services have been terminated, the state news agency ONA said.

Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion.