A U.S. judge said Alibaba Group Holding Ltd, the Chinese e-commerce giant founded by Jack Ma, must face claims it defrauded shareholders about its alleged monopolistic practices, but dismissed claims over a shelved initial public offering for its Ant Group affiliate.
Syngenta's $9.5 billion flotation has moved a step closer after the Shanghai Stock Exchange scheduled a hearing next week for the Swiss agrichemicals and seeds company's listing plan.
Japan's Rakuten Group Inc plans an initial public offering (IPO) of its banking arm next month, it said on Wednesday, which is set to be worth around $800 million and will be Tokyo's biggest since 2018.
Colombia's consumer watchdog on Tuesday ruled in favour of fining Latin American delivery app Rappi of 1.245 billion Colombian pesos (around $260,000) for failed deliveries, double charging customers and allowing alcohol to be sent to minors.
Volkswagen will share the outcome of a mock listing exercise for its brands and Volkswagen Group instigated by Chief Executive Oliver Blume at a capital markets day on June 21, Blume said on Tuesday.
HSBC's rescue of the British arm of Silicon Valley Bank saved the heavily-exposed UK biotech sector from collapse, but the fallout could hamper funding in a sector the government sees as key to future economic growth, industry executives said.
HSBC's rescue of the British arm of Silicon Valley Bank saved the heavily-exposed UK biotech sector from collapse, but the fallout could hamper funding in a sector the government sees as key to future economic growth, industry executives said.
Swiss dermatology company Galderma posted $3.8 billion in net sales during 2022, up 13.9% on 2021 on a constant currency basis, driven by growth in its injectable aesthetics and dermatological skincare units.
Southeast Asia's biggest urea fertiliser maker PT Pupuk Kalimantan Timur (Pupuk Kaltim) plans to invest at least $1 billion to increase its capacity and set up a soda ash plant, its chief executive said on Friday.
Virgin Australia is in talks with banks for a loan of up to A$450 million ($296.4 million) to pay its private equity owner Bain Capital before the airline's re-listing planned for later this year, two sources with direct knowledge of the matter said.
WASHINGTON (Reuters) -U.S. President Joe Biden's team is leaning toward basing his 2024 re-election campaign in his hometown of Wilmington, Delaware, and is considering at least three people to serve as his campaign manager, Democratic sources familiar with the matters said.