Recent Business News
- Axis Capital Holdings Ltd and PartnerRe Ltd have agreed to an $11 billion merger to create one of the world's largest reinsurers, PartnerRe said on Sunday.
SEOUL - South Korea's Samsung Electronics Co Ltd will be the main supplier of processors powering Apple Inc's next iPhone, Maeil Business Newspaper reported on Monday, citing unidentified sources in the semiconductor industry.
SHANGHAI - China CNR Corp Ltd and CSR Corp , China's two top trainmakers, recently signed deals worth 45.41 billion yuan ($7.26 billion) with Chinese and foreign firms.
HONG KONG - Li Ka-shing's hectic start to 2015 has meant record Asia M&A, loan and equity deals so far this month - good news for investment bankers close to the 86-year-old Hong Kong tycoon's empire.
- Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency controls, have hurt U.S. corporate profits for the fourth quarter of 2014 and are set to inflict further pain this year.
Enjoy the week's best links of amusing interest.