Reuters
Stories by Reuters
Japan’s Sumitomo Mitsui launches digital bank in the US
The digital bank has started off with a 270-strong workforce.
Disney said to be exploring strategic options for its Star India business: report
The options include a joint venture or a sale.
KPMG to invest $2 billion in AI, cloud services
It will incorporate AI into its core audit, tax and advisory services for clients.
Chinese ministry holds meeting with Xiaomi, iFlytek and Alibaba Cloud
They will discuss innovation as well as national strategic scientific and technological initiatives.
Foxconn eyes India chipmaking incentives after quitting Vedanta JV
Foxconn withdrew from its semiconductor JV with Indian metals-to-oil conglomerate Vedanta on Monday.
Australia court stamps $300m money laundering fine on Blackstone’s Crown Resorts
The company agreed to the payment in May after allegations over wide-ranging governance problems.
Apple opens store on Tencent’s WeChat platform
Chinese consumers are increasingly turning to social media platforms such as WeChat and Douyin.
KKR explores sale, other options for lighting manufacturer NVC China: report
KKR had acquired NVC China for about $794m in 2019.
Uber CFO Nelson Chai plans to step down: report
Chai shepherded the company through its IPO in 2019.
Bain Capital in talks to buy Indian ice cream maker Vadilal: Report
Bain Capital is said to be valuing Vadilal's ice cream business at over $363m.
