By Xie Yu HONG KONG (Reuters) – Citigroup’s Asia family office business expects a 25% increase in clients this year, the U.S. bank’s regional head of its family office advisory busin[...]
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August 4, 2023
Australia regulator blocks $3.2 billion ANZ-Suncorp bank deal
By Byron Kaye and Himanshi Akhand (Reuters) -Australia’s competition regulator on Friday blocked a A$4.9 billion ($3.2 billion) buyout planned by No.4 bank ANZ Group of insurer Suncorp’s b[...]
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Wall Street closes near flat as Treasury yields surge
(This story has been corrected to say Nasdaq fell 0.1%, not gained 0.08%, in the bullet point and paragraph 7) By Echo Wang (Reuters) – U.S. stocks closed little changed on Thursday after a chop[...]
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Nikola gets required shareholder votes for share increase proposal
(Reuters) -Electric truck maker Nikola Corp said on Thursday it had garnered enough support for a proposal to increase the number of shares it can issue, opening the doors to much-needed capital. The[...]
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Fisker unveils electric pickup truck even as supply chain bottleneck lingers
By Lisa Baertlein and Abhirup Roy HUNTINGTON BEACH, California (Reuters) – Electric vehicle (EV) maker Fisker Inc unveiled a pickup truck on Thursday, weeks after starting deliveries of its flag[...]
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TDR, Sycamore in talks for joint Subway bid -sources
By Anirban Sen and Abigail Summerville NEW YORK (Reuters) – Private equity firms TDR Capital and Sycamore Partners are in talks to team up in their pursuit to acquire sandwich restaurant chain S[...]
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