Uber Technologies Inc is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans.
Scandal over €200bn in transactions; British crime agency investigating UK-registered firms; Danske Bank faces pressure from charities in Denmark; EU Commissioner Vestager condemns “giga scandal”; calls for more to be done to prevent laundering
Chinese steel mills and traders are rushing to secure long-term contracts for high-quality iron ore ahead of winter steel output cuts, a boon for the main supplier of such grades of the commodity, Brazilian mining giant Vale.
Japan’s annual core consumer inflation ticked up slightly in August but remained distant from the central bank’s 2% target, suggesting that monetary policy will stay ultra-loose for the time being.
Global stock markets rose yesterday as optimism on the US economic outlook outweighed lingering trade war worries, dealers said.
Nestle SA’s likely retreat from skincare fuels questions about the company’s broader involvement in cosmetics and the future of a prized asset that many investors want to see sold: a $30bn stake in L’Oreal SA.
Volatility erupted in India’s stock market yesterday, with plunges in Yes Bank and Dewan Housing Finance Corp setting off an exodus from financial shares.
When a nation’s central bank raises interest rates, it’s often a bullish sign for the currency. Not so in the US, where expectations for a Federal Reserve rate hike next week are flashing sell signals for the dollar.
The US has laid the groundwork to avoid a brewing crisis in the global aluminium market. By making a technical tweak to sanctions on United Co Rusal, the US Treasury handed a potential lifeline to buyers of aluminium whose annual contracts with the Russian company are soon due to expire.
The Dutch Business Council in Qatar (DBCQ) hosted a forum titled ‘The Power of Service in Qatar’, which highlighted the service sector’s role in promoting investment opportunities in Doha.