According to analysts, the chances of getting a public listing for China’s Ant Group is only likely to be delayed instead of being destroyed by the sudden decision of Chinese regulators to suspend the record listing of the company, even though this move will hit the valuation and growth prospects...

Higher costs for legal suits related to claims around its weedkiller Roundup as well as impairments on agriculture businesses, much of it related to its Monsanto deal, which amounts to 9.25 billion euros ($10.82 billion) is a double blow for Bayer.   For the third quarter, the company...

Chinese share market regulators brought an abrupt stop to Ant group’s stock market debut, which would have been the largest ever in the world, which stunned the small retail and mom-and-pop investors who made investments in the company worth a record $3 trillion in which is equivalent to the annual...

The net profit of the world's largest oil company by production and reserves, Saudi Aramco, in the third quarter of 2020 amounted to $ 11.789 billion against $ 21.29 billion a year earlier, the company said. Thus, the decrease was 1.8 times. For nine months, profits fell by half - to $ 35 billion....

Investment firm Stonepeak Infrastructure Partners announced purchase of the American cable operator Astound Broadband. The transaction is valued at $8.1 billion, including the operator's debt. The deal will be the largest transaction on the market in the last five months and the largest purchase...

An order by Singapore’s trade arbitrator given in relation to a dispute between Amazon.com and India's Future Retail Ltd (FRL) given against the later, is not enforceable under Indian law and therefore is not binding on the company, the Future Group said on Sunday.   A deal with Reliance...

Huawei wants to start producing its own microchips so that it is no longer dependent on American technology, reports The Financial Times this with reference to its own sources. The Chinese manufacturer under US sanctions wants to start producing microchips in Shanghai. The plant is expected to be...

Wall Street analysts warn of turbulence in financial markets ahead of the US presidential election. However, they are not sure whether this threat will persist after the election, writes CNBS. "Time will tell if the expected volatility will turn into actual market volatility," Charlie Ripley,...

Under Armour beats analysts' expectation through increased sale for masks and sports items. As per Under Armour Inc’s forecast, its “annual revenue” has surpassed Wall Street expectation as the pandemic increased the demand for “running shoes and face masks” with the rowing trend for outdoor...