Conglomerate

Softbank Group shares slide 3% after Didi, Arm, Grab triple setback

Shares in Japanese conglomerate SoftBank Group Corp (9984.T) dropped over 3% on Friday after the giant tech investor was hit with three…

4 years ago

How a little Texas town snagged a $17 bln Samsung chip plant deal

Williamson County Judge Bill Gravell is the first to admit few people had heard of his small town of Taylor…

4 years ago

EXCLUSIVE Major Toshiba shareholder objects to break-up, urges board to solicit offers

Toshiba Corp's (6502.T) second-largest shareholder on Wednesday objected to the Japanese conglomerate's plan to split itself into three companies and called on…

4 years ago

Thyssenkrupp’s profit to double in 2022, flags hydrogen IPO

Thyssenkrupp's (TKAG.DE) operating profit could more than double next year, the submarines-to-steel group said on Thursday, boosted by an economic recovery and…

4 years ago

Toshiba set to announce split into three firms, shareholder reaction in focus

Japanese industrial conglomerate Toshiba Corp (6502.T) is set to outline plans on Friday to break up into three listed companies that will…

4 years ago

Blizzard-hit SoftBank launches buyback after $10 bln Vision Fund loss

SoftBank Group Corp (9984.T) slumped to a quarterly loss on Monday, as its Vision Fund unit took a $10 billion hit from…

4 years ago

Reliance joins Bill Gates, others to invest $144 mln in U.S. energy storage co

Indian oil-to-telecoms conglomerate Reliance Industries Ltd (RELI.NS) said on Tuesday it would invest $144 million in U.S. energy storage company Ambri Inc,…

4 years ago

Indian bankers in talks as court rulings threaten over $6 billion in loans

Informal talks are taking place to deal with the fall-out from two rulings by India's Supreme Court that threaten the…

4 years ago

Thyssenkrupp sells infrastructure unit to German investment firm

Thyssenkrupp (TKAG.DE) on Thursday said it agreed to sell its infrastructure unit to German investment firm FMC Beteiligungs KG for…

4 years ago

EXCLUSIVE 3G founders launch investment partnership with former Third Point co-CIO Islam

Three Brazilian billionaires who cofounded investment firm 3G Capital are backing a veteran U.S. investor who played a key role…

4 years ago