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Fidelity, Invesco Look to Buy Into India's Virus-Led Stock Slump

Fidelity, Invesco Look to Buy Into India’s Virus-Led Stock Slump Apr 23 2021, 10:33 PM April 23 2021, 9:48 AM April 23 2021, 10:33 PM (Bloomberg) -- Even as traders in India fret over how much more pain the nation’s uncontrolled coronavirus surge will inflict on local stocks, some seasoned investors are getting ready to dip their toes back into the market. (Bloomberg) -- Even as traders in India fret over how much more pain the nation’s uncontrolled coronavirus surge will inflict...
Shekhar Sambhshivan Kristy Fong Franklin Templeton Jitendra Gohil Asia Pacific Amit Goel

Panasonic to buy U.S. supply-chain software firm Blue Yonder for $7.1 bln

BusinessPanasonic to buy U.S. supply-chain software firm Blue Yonder for $7.1 bln Reuters 1/2 A logo of Panasonic Corp is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai Read More In its biggest acquisition in a decade, Panasonic Corp (6752.T) on Friday said it will buy U.S. supply-chain software company Blue Yonder in a deal worth $7.1 billion, to tap growing demand from companies as ...
Japan General Thomson Reuters Trust Principles Walmart Inc Wmtn Starbucks Corp Panasonic Corp Blackstone Group Inc Tesla Inc

UiPath Backer Accel Reaped $5.9 Billion From $172 Million Bet

UiPath Backer Accel Reaped $5.9 Billion From $172 Million Bet Apr 22 2021, 5:47 PM April 22 2021, 2:43 AM April 22 2021, 5:47 PM (Bloomberg) -- The $1.3 billion stock market debut of automation software maker UiPath Inc. had an unusually rich reward for one early backer. (Bloomberg) -- The $1.3 billion stock market debut of automation software maker UiPath Inc. had an unusually rich reward for one early backer. Accel, the venture capital firm that helped launch companies from Facebook Inc. to...
Uipath Inc

IPO Boom Prompts India's ICICI to Hire More Investment Bankers

IPO Boom Prompts India’s ICICI to Hire More Investment Bankers Apr 20 2021, 9:10 AM April 20 2021, 5:00 AM April 20 2021, 9:10 AM (Bloomberg) -- India’s second largest private lender ICICI Bank Ltd. is making its biggest hiring push in investment banking and institutional equities in four years, as it anticipates a rise in companies going public. (Bloomberg) -- India’s second largest private lender ICICI Bank Ltd. is making its biggest hiring push in investment banking and instit...
Ajay Saraf Bank Ltd Securities Ltd Zomato Pvt Nykaae Retail Bloomberg News

Cigarette Makers Plunge on News That U.S. May Curb Nicotine

Apr 20 2021, 3:04 PM April 20 2021, 1:04 AM April 20 2021, 3:04 PM (Bloomberg) -- Tobacco stocks plunged after a report said the U.S. government may only allow cigarettes with nicotine levels so low they’d no longer be addictive. (Bloomberg) -- Tobacco stocks plunged after a report said the U.S. government may only allow cigarettes with nicotine levels so low they’d no longer be addictive. The U.S. Food and Drug Administration could also move to ban menthol cigarettes as the Biden adm...
United Kingdom New York United States City Of Adam Spielman Century Group Inc

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Toshiba says CVC to 'step aside to await' guidance over offer

Toshiba Corp (6502.T) said on Tuesday it has received another letter from CVC Capital Partners saying that the European private equity fund "would step aside to await" Toshiba's guidance regarding its offer to take the Japanese company private.
Nobuaki Kurumatani Thomson Reuters Trust Principles Toshiba Corp Thomson Reuters Trust தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் தோஷிபா கார்ப்

Australia's Crown Resorts offered $2.3 bln to buyout James Packer

Asia PacificAustralias Crown Resorts offered $2.3 bln to buyout James Packer Reuters 2 minutes read Crown Resorts Ltds flagship tower nears completion at Barangaroo, Sydney, Australia, April 17, 2020. REUTERS/Stephen Coates/File Photo/File Photo/File Photo Australias Crown Resorts Ltd (CWN.AX) said on Monday it will assess a A$3 billion ($2.32 billion) offer by U.S. private equity firm Oaktree Capital to buy James Packers 37% stake in the casino operator. Packers influence on the company he fou...
New South Wales James Packer Thomson Reuters Trust Principles Blackstone Group Inc Australia Crown Resorts Ltd Crown Resorts Ltd

Bob Diamond's African Bank Exits Another Market With Botswana Deal

Bob Diamond’s African Bank Exits Another Market With Botswana Deal Apr 19 2021, 6:54 PM April 19 2021, 4:23 PM April 19 2021, 6:54 PM (Bloomberg) -- Atlas Mara Ltd.’s footprint in Africa is shrinking by another country. (Bloomberg) -- Atlas Mara Ltd.’s footprint in Africa is shrinking by another country. The African banking group started by former Barclays Plc Chief Executive Officer Bob Diamond agreed to sell its stake in African Banking Corporation Botswana to Nigeria’s Ac...
Atlas Mara Bob Diamond Access Bank Bloomberg Atlas Mara Ltd Barclays Plc African Banking Corporation Botswana

Pakistan Considering Plan to Allow Direct Listing of Local Firms

Pakistan Considering Plan to Allow Direct Listing of Local Firms Apr 19 2021, 5:00 PM April 19 2021, 9:21 AM April 19 2021, 5:00 PM (Bloomberg) -- Pakistan’s markets regulator is considering a proposal to allow direct listing of local companies on the stock exchange, a route that’s easier than meeting rules required for initial public offerings. (Bloomberg) -- Pakistan’s markets regulator is considering a proposal to allow direct listing of local companies on the stock exchange, ...
Aamir Khan Real Estate Investment Exchange Commission Of Pakistan Exchange Commission Chairman Aamir Khan South Asian

Saudi, UAE Stocks Rise on Earnings, Iran Optimism: Inside EM

Apr 18 2021, 8:03 PM April 18 2021, 1:36 PM April 18 2021, 8:03 PM (Bloomberg) -- (Bloomberg) -- Saudi Arabian stocks led gains in the Gulf region as better-than-expected earnings fueled investor optimism and talks between Iran and the U.S. to end a years-long standoff progressed. The benchmark Tadawul gauge rose as much as 0.8% before closing up 0.6% for its third consecutive advance. Share indexes in Dubai, Israel and Egypt also climbed, while those in Abu Dhabi, Kuwait, Qatar and Oman fell...
United Arab Emirates Dubai Islamic Bank Abu Dhabi Abuz Aby Saudi Arabia Saudi Arabian

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