Philippine conglomerate Ayala Corp. is readying for a slew of mergers and acquisitions to expand its business, with the Southeast Asian economy projected to grow by around a third in the next five years, according to its chief executive officer.
L&G announces a new chief executive this morning, in a shake-up that will add more diversity to the leadership of FTSE 100 companies. One of Britain’s favorite online retailers for young shoppers is on track for better days. And in Westminster, concerns over rising mortgage costs are giving senior Conservative ministers a headache.
Two of the main coders at Kim Dotcom’s infamous Megaupload website have been sentenced to prison, the New Zealand Herald reported.
A smaller number of Toyota Motor Corp. shareholders approved the reappointment of Chairman Akio Toyoda at the company’s annual meeting this week, after some foreign investors had opposed his nomination
Chinese equities led gains in Asian shares Thursday after the Federal Reserve paused monetary tightening and the People’s Bank of China cut a key lending rate amid speculation that more stimulus is on the way.
Siemens AG will invest €2 billion ($2.2 billion) to expand high-tech manufacturing, including a new plant in Singapore and an expansion at its Chinese plant in Chengdu.
Bain Capital made an non-binding all-cash offer for SoftwareOne Holding AG for 2.93 billion Swiss francs ($3.2 billion) to take the company private.
ByteDance Ltd.’s TikTok will invest billions of dollars in Southeast Asia over the next three to five years, as the Chinese behemoth moves to strengthen the presence of its hit video app in the region.
Staff are increasingly unsure about working at home — but don’t share their bosses’ love of offices.
It took more than a year for a long-anticipated merger of Vodafone Group Plc and CK Hutchison Holdings Ltd.’s Three to come together. And it could take just as long for the deal to clear the antitrust and national security hurdles to come.
