Standard Chartered Plc (STAN.L) has suspended some of its Hong Kong banking operations, including over-the-counter services and check deposits, until further notice due to “situations in certain areas”, the ... Read More
Pimco CEO Doug Hodge told on Sunday that Pimco is moving away from a founder-led model and that the Newport Beach, California-based firm’s flagship fund previously run by co-founder ... Read More
Lenovo Group Ltd will close its acquisition of International Business Machines (IBM) Corp’s x86 server division on Oct 1 for $2.1 billion, giving China’s biggest personal computer maker a ... Read More
Japanese drugmaker Daiichi Sankyo Co Ltd (4568.T) has agreed to acquire U.S. biopharmaceutical company Ambit Biosciences Corp (AMBI.O) in a deal valued up to $410 million as it looks ... Read More
Japanese cell provider aims to acquire Hollywood studio. SoftBank Corp. is reportedly in talks to buy Hollywood studio DreamWorks Animation, home of Shrek, Madagascar and How to Train Your ... Read More
Though poverty is still rife in the countryside, an urban boom and robust growth fueled by garment manufacturing for brands such as Nike (NKE.N) and GAP (GPS.N) has given ... Read More
With Frankfurt likely out of bounds for Chinese company flotations after a series of corporate problems, their advisers would be forgiven for seeking alternative capital-raising venues around Europe. They ... Read More
Yahoo, more than any other investor, should have benefited from the public market debut last week of Alibaba, the Chinese e-commerce giant. The company sold Alibaba shares worth $6 ... Read More
Four firms have played lead roles in a $1.47bn (£900m) transaction between two Russian online giants which brought to an end years of complex litigation. Akin Gump Strauss Hauer ... Read More
ExxonMobil Corp. was the first Western company to bow to Western sanctions against Moscow and suspend offshore Arctic drilling for Rosneft, the Kremlin-owned oil giant. Now another large Western ... Read More
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