Amicorp Group denies alleged fraud of over $7 billion in Malaysia’s 1MDB scandal By Reuters
KUALA LUMPUR (Reuters) -Corporate services provider Amicorp Group has denied allegations it knowingly facilitated more than $7 billion in fraudulent...
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AI startup Databricks hits $62 billion valuation in record VC round By Reuters
(Reuters) -Databricks has secured a $62 billion valuation after raising $10 billion in one of the largest venture capital funding...
US Black Friday online sales hit record $10.8 billion By Investing.com
US consumers likely set a new spending record this Black Friday with $10.8 billion in purchases, as reported by Adobe...
Volkswagen India hit with $1.4 billion tax evasion notice
German car manufacturer Volkswagen (ETR:)'s Indian subsidiary has been served with a tax evasion notice by Indian authorities, alleging the...
Affinity buys two Southeast Asian companies for $1.65 billion, sources say By Reuters
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG (Reuters) - Affinity Equity Partners, a Hong Kong-based buyout firm, has concluded...
India’s Adani Group sees $30 billion in value wiped off after US indictments By Reuters
By Sethuraman N R and Bharath Rajeswaran (Reuters) - Shares of Adani Group companies lost about $28 billion in market...
Korea Zinc attempts to fend off takeover with $1.5 billion share buyback By Reuters
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Korea Zinc said on Monday it has secured 9.85% of the...
Volkswagen weighs wage cuts, bonus reductions in push to save 4 billion euros
BERLIN (Reuters) - Volkswagen (ETR:) is exploring a series of cost-cutting measures for its core brand, including a 10% wage...
Sanofi in exclusive talks with CD&R over sale of $17 billion Opella By Reuters
By Dominique Patton PARIS (Reuters) -French drugmaker Sanofi (NASDAQ:) said on Monday it had entered exclusive talks to sell a...
Berkshire Hathaway raises $1.9 billion in Samurai bonds, term sheet shows By Reuters
By Scott Murdoch and Junko Fujita (Reuters) -Warren Buffett's Berkshire Hathaway (NYSE:) has raised 281.8 billion yen ($1.9 billion) in...
Exclusive-EQT-backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say By Reuters
By Milana Vinn NEW YORK (Reuters) - Fiber network owner Zayo Group and buyout firm TPG are competing to acquire...
Couche-Tard asks 7-Eleven owner for talks after $38.5 billion offer rejected By Reuters
By Scott Murdoch and Kane Wu (Reuters) -Canada's Alimentation Couche-Tard said on Sunday it was willing to engage in confidential...
Mars to buy Pringles maker Kellanova for $36 billion in 2024’s biggest deal By Reuters
By Anirban Sen, Savyata Mishra, Jessica DiNapoli and Abigail Summerville NEW YORK (Reuters) -Family-owned candy giant Mars is buying Cheez-It...
Berkshire halves Apple stake, boosts cash to $277 billion even as operating profit sets record By Reuters
By Jonathan Stempel (Reuters) - Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway (NYSE:) soar...
Investors count on earning to calm $900 billion US tech rout By Reuters
By Lewis Krauskopf NEW YORK (Reuters) - As earnings season goes into full swing, bullish investors hope solid corporate results...
