Reuters
Stories by Reuters
Chinese investor Sinochem proposes its CEO should chair Pirelli’s board
The move could help to ease tensions between its main shareholders.
Tesla starts to lay off battery production workers at China factory: report
Less than 1,000 workers were employed on the factory's two battery production lines in Shanghai, local media reported.
ByteDance set to launch TikTok Music in Indonesia, Brazil
It will stop its existing music streaming service Resso as of Sept 5 in both countries.
Binance chief strategy officer tweets that he has quit
Last month, US regulators sued Binance and its CEO for allegedly operating a "web of deception".
Low-cost e-commerce platform Temu expands to Japan
Temu the sister site of Chinese discount e-commerce platform Pinduoduo.
India’s Adani Green Energy weighs raising $1.5b
The company previously said it would discuss plans to raise funds from institutional investors.
India’s Jio set to sign $1.7b deal with Nokia for 5G equipment: report
Reliance Jio snapped up airwaves worth $11b in a 5G spectrum auction last August.
Japan’s Rakuten files for Tokyo IPO of securities unit
The group has suffered four years of losses as its mobile business has haemorrhaged cash.
SVB Financial gets court nod to sell investment bank
Buyers include a group led by the unit's founder and former CEO, Jeff Leerink.
UAE-based Aster DM Healthcare in talks with Fajr Capital, others on Gulf business
Fajr is in the final stages of due diligence and could close the deal soon, Reuters reported earlier.
