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-China's Sichuan Airlines will receive a capital contribution of 12 billion yuan from its shareholders in a bid to supplement working capital and reduce financial security risks, major investor... -December 29, 2023 at 08:12 am EST - MarketScreener
(Reuters) - DBS Group Holdings said on Friday it was raising its stake in China's Shenzhen Rural Commercial Bank in a S$376 million ($284.72 million) ...
-Japanese insurer Sumitomo Life said on Friday it will acquire TPG Inc's 35.5% stake in Singapore Life Holdings for S$1.6 billion to expand its footprint in Southeast Asia. ... -December 21, 2023 at 11:58 pm EST - MarketScreener
Canada on Thursday approved Royal Bank of Canada's C$13.5 billion dollars ($10.2 billion) acquisition of HSBC's domestic unit, in a deal that would further tighten the country's top lenders' grip on the market. The deal is conditional on RBC establishing a global banking hub in Vancouver, waiving fees associated with the transfer of mortgages from HSBC to RBC and protecting HSBC's Canadian workforce. RBC will also have to increase its client operations center workforce in Winnipeg by 10%, provide $7 billion in financing for affordable housing construction across Cana...
Between January 2018 and August 2021, Airbnb Ireland, which operates in Australia, admitted that it misled consumers by displaying prices using only the '$' sign, without clarifying that the prices were in U.S. dollars and not in the local currency, the Australian Competition & Consumer Commission (ACCC) said in a statement. Airbnb has worked constructively with the ACCC, said Susan Wheeldon, Airbnb's country manager for Australia and New Zealand, while clarifying that the final payment amount displayed the applicable currency code including in the U.S. dollar at a point w...