Reuters
Stories by Reuters
Payments processor Shift4 to buy Tencent-backed Global Blue in $2.5b deal
Global Blue investors - Ant and Tencent - will remain shareholders in the combined business.
Restaurant Brands takes full control of Burger King China for $158m
Restaurant Brands acquired the stake from TFI Asia Holdings and Pangaea Two Acquisition Holdings XXIII.
HSBC lays off 40 dealmakers in Hong Kong ahead of restructuring: report
The job cuts come ahead of the bank's full-year results.
Standard Chartered, HKT, Animoca to form JV for HK dollar-backed stablecoin
JV looks to enhance both domestic and cross-border payments.
Baidu shares slide amid speculation after founder misses meeting with Xi
Xi hosted a symposium with tycoons including Alibaba's Jack Ma.
Investors pile pressure on Shein to cut valuation to $30b ahead of London IPO: report
The company's had a valuation of $66b in 2023.
S Korea suspends new downloads of DeepSeek amid data protection concerns
The service of the app will be resumed once improvements are made.
Bain Capital quits takeover battle with KKR for Fuji Soft
Bain had said last week it might withdraw its proposal for Fuji Soft.
Australia’s Perpetual confirms fresh bid from KKR
KKR has returned with an enhanced all-cash proposal exceeding A$8 per share.
OpenAI rejects Musk’s $97b takeover offer
ChatGPT maker said the startup is not for sale and that any future bid would be disingenuous.