Business
Buffett cuts Amazon stake, makes bet on New York Times
Warren Buffett’s Berkshire Hathaway slashed its stake in Amazon.com by more than 75 per cent in the fourth quarter, while also building a…
Tag
stake
Business
RBI okays Bain Capital's 41.7% stake acquisition in Manappuram Finance
Gold loan financier Manappuram Finance on Saturday said it has received final approval from the Reserve Bank of India (RBI) for the…
Business
Jardine Matheson buys back shares; Soon Hock’s Tan Yeow Khoon builds stake
Institutions were net buyers of Singapore stocks from Jan 16 to 22, with net institutional inflow of S$1.7 million For the five trading…
Business
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
The insurer currently holds a 51% interest while local partner Detik Ria owns the rest Prudential will pay RM1.5 billion (S$483 million)…
Business
Intel CEO meets with Trump, who hails gain in US chipmaker stake
US President Donald Trump met with Intel chief executive officer Tan Lip-Bu on Thursday (Jan 8) at the White House, where the two men…
Business
Haier sells 49% stake in Indian unit to Bharti, Warburg Pincus
Chinese home appliance maker Haier Smart Home agreed to sell a 49 per cent stake in its India unit to Bharti Enterprises and Warburg…
Business
MUFG said to near deal for stake in India’s Shriram
Mitsubishi UFJ Financial Group is nearing a deal to buy a minority stake in India’s Shriram Finance, according to people familiar with the…
Business
TotalEnergies to sell stake in Nigeria offshore licenses to Chevron
The Total Energies plant's logo can be seen at the entrance to TotalEnergies Raffinerie Mitteldeutschland GmbH in Leuna. Waltraud…
Business
Temasek eyes stake in Quest Global at US$4.6 billion pre-IPO price
The company is preparing for an IPO in India, joining a wave of companies tapping the country’s buoyant capital markets Singapore state…
Politics
In Texas case, it's politics vs. race at the Supreme Court, with control of Congress at stake
WASHINGTON — The Texas redistricting case now before the Supreme Court turns on a question that often divides judges: Were the voting…
Business
TPG, Warburg weigh US$500 million stake in India-rooted Sirion
TPG Capital and Warburg Pincus are in early talks to buy a stake in Sirion Labs, a Partners Group Holding-backed software business…
Fashion
L'Oréal buys second Chinese skincare stake as C-Beauty brands snare market share
Cosmetics giant L’Oreal said on Monday (Nov 17) it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its…
Business
Tan Kok Huat, CEO of Reclaims Global, boosts stake
Financial services and telecommunications booked the most net institutional inflow for the week of Nov 7 to 13 Over the five trading…
Business
Buffett acquires US$4.9 billion stake in Google parent Alphabet
WARREN Buffett’s Berkshire Hathaway acquired 17.9 million shares of Google parent Alphabet during the third quarter, while further…
Business
SoftBank’s US$5.8 billion Nvidia stake sale stirs fresh AI bubble fears
The Japanese tech investor needs the proceeds for initiatives including the US$500 billion Stargate project to expand US data-centre…
Business
Singtel unit sells 0.8% stake in Bharti Airtel for about S$1.5 billion, booking estimated S$1.1 billion gain
The sale reduces Singtel’s effective stake in Bharti Airtel from 28.3 per cent to 27.5 per cent Singtel has unlocked S$1.5 billion from…
Business
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23% Vividthree Holdings…
Business
GIC, SoftBank are said to weigh selling stake in fintech VNLife
The Vietnamese fintech firm has a presence in Vietnam, Singapore, Myanmar and Cambodia GIC and SoftBank Vision Fund are considering…
Politics
What is at stake in Malawi's elections?
The people of Malawi are set to vote for their next leader, following a turbulent five years involving economic turmoil, natural disasters…
Business
DBS’ plan to buy Alliance Bank stake is said to have stalled
DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory…
Politics
Public strongly backs Trump's idea to have Uncle Sam hold a stake in U.S. companies
Most Americans back President Trump's idea of having the federal government take a stake in U.S. companies that get taxpayer money. A new…
Business
Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million…
Business
Intel warns US stake could hurt international sales, future grants
Intel said on Monday (Aug 25) that the US government’s 9.9 per cent stake in the chipmaker could pose risks to its business, from…
Politics
Trump announces U.S. stake in Intel
President Trump announced Friday that the government had reached a deal to secure a 10% stake in technology company Intel. Source link