Google real estate exec says 5% more workers coming in to office each week
Alphabet Inc’s (GOOGL.O) Google has seen an increasing number of employees coming in to its offices each week, particularly younger workers, the company’s real estate chief said during an interview at the Reuters Next conference on Friday.
Analysis: Didi’s New York exit a further blow to Chinese listings in U.S.
Dec 3 (Reuters) – Ride-hailing giant Didi Global’s (DIDI.N) plan to withdraw from the New York stock exchange may create an even deeper chill after this year’s drop-off in Chinese firms’ listings in the world’s most liquid market, bankers and advisers said.
Saint-Gobain buys U.S.-based GCP to grow in construction chemicals
French construction materials company Saint-Gobain (SGOB.PA) on Monday said it would buy GCP Applied Technologies (GCP.N) in a deal that values the U.S.-based specialty construction chemicals company at around $2.3 billion.
China says market views of monetary policy moves too ‘simplistic’
A Chinese newspaper run by the State Council, or cabinet, warned the market against “simplistic” interpretations of monetary policy moves as easing expectations gathered steam, suggesting China is not about to unleash a huge wave of credit in panic.
Beijing biotech firm banks on GM corn in race to be China’s Monsanto
As China prepares to open its $120 billion corn market to genetically modified (GM) seed, little-known Dabeinong Biotechnology hopes to reap the benefits of early biotech investments and a law keeping foreign firms on the sidelines.
CBI cuts UK economic growth forecasts on supply chain hit
Britain’s economy looks set to grow more slowly than previously thought this year and in 2023 due to global supply chain problems and the government must encourage longer-term business investment, an employers group said on Monday.
Oil rebounds above $71 on Omicron hopes, Iran talks
Oil rose by more than $1 a barrel to above $71 on Monday as hopes that the Omicron coronavirus variant may cause mostly mild symptoms boosted riskier assets and as the prospect of an imminent rise in Iranian oil exports looked less likely.
Toshiba walked away from potential buyout talks and Brookfield offer -sources
Japan’s Toshiba Corp (6502.T) walked away from potential private equity buyout offers at a substantial premium, as well as advanced talks for a minority stake from Canada’s Brookfield, according to three people familiar with the matter.