Business
South Korea has filed a suit against an order to pay hedge fund Elliott more than $50 million in damages over the controversial 2015 merger of two Samsung affiliates, Seoul's justice ministry said Tuesday.
Jul 18, 2023
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Business
Jack Ma will cede control of Chinese fintech giant Ant Group, the company announced Saturday, following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.
Jan 7, 2023
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Business
Jack Ma, the unconventional billionaire founder of tech giant Alibaba and the totem of China's entrepreneurial brilliance, has stepped out of the limelight since a Communist Party crackdown that chopped back his empire.
Jan 7, 2023
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Automotive
Luxury sports carmaker Porsche will debut on the Frankfurt stock exchange Thursday in one of Europe's biggest listings in years, hoping its brand power can attract investors despite market turbulence.
Sep 29, 2022
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Business
Twitter has dropped a major roadblock in front of Elon Musk's effort to take over the company, leaving investors to wonder about the mercurial Tesla CEO's next move.
Apr 19, 2022
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Business
Toshiba shareholders voted to oust the board's chairman on Friday, in the latest twist for the company after scandals and losses, and a rare victory for activist investors in corporate Japan.
Jun 25, 2021
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Business
Toshiba apologised to shareholders Monday and said it would remove two directors after a probe found the Japanese conglomerate had sought government help to try and influence a boardroom vote.
Jun 14, 2021
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Business
Japan's Toshiba sought government help to try and influence a boardroom vote proposed by activist shareholders at its last regular annual general meeting, according to an independent probe published Thursday.
Jun 10, 2021
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Automotive
The chief of Fiat Chrysler remains open to the possibility of resuming merger talks with France's Renault, months after talks between the two automakers aimed at forging an industry powerhouse broke down, according to an ...
Aug 5, 2019
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Automotive
Nissan and Renault are considering changes to their partnership in order to reinvigorate merger negotiations with US-Italian automaker Fiat Chrysler, US media reported on Friday.
Aug 3, 2019
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