Grab denies reports of US$7 billion GoTo acquisition

Grab denies reports of US billion GoTo acquisition

SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller Indonesian rival GoTo. Reuters reported last month that Nasdaq-listed Grab was looking to strike a deal to buy GoTo in the second quarter and had hired advisers to work on the proposed deal, citing two sources with knowledge…

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Oil prices hit multi-week highs amid US-China trade talks

Oil prices hit multi-week highs amid US-China trade talks

[NEW YORK] Oil prices hit multi-week highs on Monday, buoyed by a weaker US dollar, while investors awaited news from US-China trade talks in London in hopes a deal could boost the global economic outlook and subsequently fuel demand. Brent crude futures settled 57 cents higher, or 0.9 per cent, to US$67.04 a barrel. During the session,…

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US: Stocks end mostly up as markets eye trade talks

US: Stocks end mostly up as markets eye trade talks

Published Tue, Jun 10, 2025 · 06:11 AM [NEW YORK] Wall Street stocks edged higher on Monday as US and Chinese representatives held high-stakes trade talks and markets looked ahead to key economic data. Trade representatives for the world’s two biggest economies plan a second day of talks on Tuesday following an opening round on Monday. Although there…

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