Million
HSBC sells Argentina division for US$550 million
GLOBAL bank HSBC has agreed to sell its Argentina division to financial services company Grupo Financiero Galicia for US$550 million as it focuses on core Asia operations, it said...
Bain Capital to sell US$429 million stake in India’s Axis Bank, term sheet shows
BAIN Capital plans to sell stake worth US$429 million in Indian private lender Axis Bank on Tuesday (Apr 9), according to a term sheet seen by Reuters.
The private equity...
Credit Suisse takes fight over US$743 million awarded to billionaire to Singapore’s top court
A UNIT of defunct lender Credit Suisse will seek to overturn an order to pay US$743 million to a billionaire client over the actions of a notorious rogue banker...
Singapore’s top court to hear Credit Suisse fight to overturn US$743 million award to billionaire
A UNIT of defunct lender Credit Suisse will seek to overturn an order to pay US$743 million to a billionaire client over the actions of a notorious rogue banker...
Boeing CEO paid US$33 million in 2023, gave up bonus over MAX 9 incident
BOEING’S chief executive officer received US$33 million in compensation for 2023 but declined a potential US$2.8 million bonus following the near-catastrophic Alaska Airlines incident in January, the company said...
Straits Trading sells Adelaide property; consideration is A$10 million below independent valuation
THE Straits Trading Company is selling one of its industrial properties in South Australia for A$52.7 million (S$46.3 million) – an amount that is more than A$10 million below...
Straits Trading sells Adelaide property; consideration is A$10 million below independent valuation
THE Straits Trading Company is selling one of its industrial properties in South Australia for A$52.7 million (S$46.3 million) – an amount that is more than A$10 million below...
Nvidia, Indosat plan US$200 million AI centre investment in Indonesia, government says
NVIDIA and Indonesia’s telco firm PT Indosat Ooredoo Hutchison plan to build an artificial intelligence (AI) centre in Central Java in 2024, worth US$200 million, the communication minister said.Budi...
