Real Estate
HSBC completes sale of Russian unit to Expobank
HSBC has transferred ownership of its Russian unit to Expobank for an undisclosed fee, the two lenders said on Wednesday (May 29), ending around two years of negotiations and...
Didi reports bigger loss as incentives, EV bet continue to weigh
DIDI Global’s net loss grew in the March quarter, after climbing marketing costs and losses on its stake in electric vehicle-maker XPeng outweighed a revenue boost.
China’s leading ride-hailing provider’s...
PwC to become OpenAI’s largest enterprise customer, WSJ reports
ACCOUNTING giant PwC will become the largest customer and first reseller of OpenAI’s enterprise product as part of a new deal, the Wall Street Journal reported on Wednesday (May...
ConocoPhillips in advanced talks to buy Marathon Oil
ConocoPhillips is in advanced talks to buy Marathon Oil in an all-stock deal that could value the Houston-based company at a little over its US$15 billion market value, the...
Anglo won’t extend BHP deadline, threatening end to takeover bid
Anglo American said it won’t give BHP Group any further time to commit to a takeover offer, signalling the likely end for now to a US$49 billion pursuit by...
Uber to offer Seine cruises, day trips in Paris during Olympics rush
UBER Technologies unveiled a raft of measures on Wednesday (May 29), including a tie-up to offer cruises on the Seine river as it looks to meet explosive demand stemming...
PwC lost five China clients in May after Evergrande-linked probe
PRICEWATERHOUSECOOPERS (PwC) lost five Chinese clients in May alone, adding to a list of more than a dozen firms its stopped auditing in the country in the last two...
GIC ‘excited’ by Japan, seeks to engage more with firms
GIC sees more opportunities to engage with Japanese companies to help them boost returns following a raft of governance reforms in the nation. The Singaporean sovereign wealth fund is...
