Kanjyik Ghosh
Stories by Kanjyik Ghosh
Ant Group President Cyril Han to become CEO in March
Han will continue to report to Eric Jing who will remain as chairman.
Elliott said to rebuild stake in SoftBank, push for $15b buyback
Elliott Management has rebuilt a stake worth more than $2 billion in SoftBank Group, per an FT report.
India: JioCinema heats up streaming competition by cutting subscription prices
JioCinema has become popular for showing the IPL cricket tournament for free.
Crypto exchange Binance to sell Russia business for undisclosed amount
Binance is the latest company to pull out of Moscow since the country began its war against Ukraine.
Mogul Byron Allen makes $10b bid for Disney’s ABC, other networks
Disney's then-CEO Michael Eisner agreed to buy Capital Cities/ABC for $19b in 1995.
EV maker Lucid to raise about $3b from Saudi’s PIF, others
Lucid is among the biggest U.S. investments of Saudi's PIF.
Merck to acquire Prometheus Biosciences for about $11b
The deal is expected to close in the third quarter of the year.
China facilitating easier access to subsidies for some chipmakers
Move comes amid tightening US restrictions on the industry.
Australia’s Macquarie explores $6b deal for British money manager M&G
Macquarie is reportedly yet to make an approach to M&G's board
Dell looks to phase out Chinese chips by 2024, reports Nikkei
Tells suppliers to reduce the amount of other made-in-China components in its products.
