Vietnam car maker VinFast to build U.S. battery factory as it goes all-electric
Vietnam’s VinFast plans to build electric vehicle battery cells and packs in a new U.S. manufacturing complex, its global chief executive told Reuters, as the company pledged to transform itself into an all-electric automaker by the end of this year.
WonderFi to buy parent company of Canadian crypto platform Bitbuy for about $162 mln
WonderFi Technologies Inc (WNDR.NLB), backed by investor Kevin O’Leary, agreed to buy Bitbuy’s parent company First Ledger Corp for about C$206 million ($162.13 million), giving it full ownership of the Canadian crypto marketplace.
China to order cybersecurity reviews for some firms seeking overseas listings
China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector.
Tencent hands shareholders $16.4 bln windfall in the form of JD.com stake
Chinese gaming and social media company Tencent (0700.HK) will pay out a $16.4 billion dividend by distributing most of its JD.com (9618.HK) stake, weakening its ties to the e-commerce firm and raising questions about its plans for other holdings.
Analysis: ‘Hands off’: Why some U.S. investors are pulling meme stocks from brokerages
Jose Castillo pulled his $60,000 worth of GameStop Corp (GME.N) shares from his brokerage last summer, even though he had no intention of selling them.
Global M&A activity smashes all-time records to top $5 trillion in 2021
Dec 20 (Reuters) – Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that was set nearly 15 years ago, as an abundance of capital and sky-high valuations fuelled frenetic levels of dealmaking.
Asia stocks, oil prices suffer as Omicron spreads
Asian share markets fell and oil prices slid on Monday as surging Omicron cases triggered tighter restrictions in Europe and threatened to drag on the global economy into the new year.
Exclusive: EU antitrust regulator seeks input on Microsoft’s Nuance deal
EU’s antitrust regulator is taking a deeper look into Microsoft Corp’s (MSFT.O) $16 billion deal for transcription technology company Nuance Communications Inc (NUAN.O), asking customers and competitors to draw up a list of concerns, according to a questionnaire from last month seen by Reuters.
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.
SenseTime launches Hong Kong IPO to raise up to $767 mln -term sheet
Chinese artificial intelligence startup SenseTime Group is looking to raise up to $767 million in its Hong Kong initial public offering (IPO), according to a term sheet seen by Reuters.
