O2 and Virgin Media win provisional UK approval for 31 billion pound merger
Britain’s competition watchdog said on Wednesday it had provisionally cleared the 31.4 billion pound ($43.3 billion) merger between broadband company Virgin Media and Telefonica’s UK mobile network O2.
Veolia, Suez agree $15 billion utilities merger after bitter spat
Veolia and Suez announced a merger deal on Monday worth nearly 13 billion euros ($15.44 billion) after months of wrangling between the two French waste and water management companies.
Canada posts blockbuster job gain in March, but new lockdowns set to weigh
Canada added far more jobs than expected in March, bringing employment to within 1.5% of pre-pandemic levels, official statistics showed on Friday, though economists warned fresh lockdowns imposed this...
CIBC CEO calls for policies to boost housing supply as prices surge
Canadian Imperial Bank of Commerce Chief Executive Victor Dodig urged policymakers to focus on measures to boost the supply of homes amid calls for them to intervene to cool...
Japan’s regulators to check high-risk trades after Archegos -Nikkei
Japanese regulators will heighten scrutiny on high-risk trades by domestic financial institutions in the wake of the Archegos fallout, the Nikkei business daily reported on Wednesday.
Stocks scale fresh peak as U.S. and China lead recovery
Stocks hovered near a record high on Tuesday, supported by strong economic data from China and the United States, while currency and bond markets paused for breath after a...
Tesla shares surge on record electric cars deliveries in first quarter
Shares of Tesla Inc surged nearly 8% in pre-market trading on Monday, after the world’s most valuable carmaker posted record deliveries as a solid demand for its electric cars...
The hunt for lost billions: Failed Hin Leong’s owners face asset claims
Stung by the collapse of Asia’s top independent oil trading firm, some global banks have teamed up to seek the personal assets of the family behind Hin Leong Trading,...
New UN study shows 72 nations and $598 billion in debt payments at risk...
The coronavirus pandemic has worsened debt problems facing 72 low- and middle-income countries and jeopardized $598 billion in debt service payments from 2021 to 2025, including $87 billion this...
Global shares struggle as U.S. bond yields march higher
Global stocks wavered on Wednesday while the safe-haven dollar held near recent highs as Treasury yields sustained their steady rise before U.S. President Joe Biden announces a multitrillion-dollar plan...
