Brookfield Asset Management Ltd. has submitted a £2.1 billion ($2.6 billion) takeover proposal for Middle Eastern credit card processor Network International Holdings Plc, topping a rival buyout consortium.
Russian deliveries of military supplies to India have ground to a halt as the countries struggle to find a payment mechanism that doesn’t violate US sanctions, according to Indian officials with knowledge of the matter.
Rakuten Bank Ltd. surged 38% in its debut in Tokyo on Friday following Japan’s largest initial public offering since 2018.
European equity futures were a lonely bright spot, as Asia tracked losses on Wall Street after US data showed a softening in the labor market. The dollar and yen strengthened on concern of rising tensions between America and China.
The two waiters at Cafe la Princiere in downtown Casablanca take turns checking futilely for incoming customers just a few minutes before local mosques announce the end of the daily Ramadan fast.
Carlyle Group Inc. is considering bringing in fresh backers for its investment in McDonald’s Corp.’s Chinese operations, people familiar with the matter said.
Goldman Sachs Group Inc. is standing firm on its bullish outlook for US credit, saying companies can withstand tighter lending standards triggered by banking failures in March.
Mercedes-Benz AG posted better-than-expected preliminary earnings in the first quarter as the automaker’s push further upmarket helped it overcome higher raw-material costs.
A former US Secret Service agent who specializes in probing financial cybercrime supported anonymity for creditors in the FTX bankruptcy because of risks from the criminals who stalk the cryptocurrency sector.
The TrueUSD stablecoin, a token that was little known until this year, now makes up the largest Bitcoin trading pair in a major shift spurred by the Binance crypto exchange, according to data provider Kaiko.
