Italy's audit court has given its green light to a decree offering state guarantees for a 6.3-billion euro (US$7.12 billion) loan for Fiat Chrysler's Italian Unit, a source said, paving the way for the largest crisis loan to a European carmaker.
Chinese telecom giant Huawei opened its second global flagship store in Shanghai on Wednesday, part of plans to strengthen its brand in its core Chinese consumer market as it faces headwinds overseas.
Southeast Asian ride-hailing and payments firm Grab said it had put a partnership with Wirecard on hold till further notice, days after Wirecard disclosed a US$2.1 billion financial hole that threatens the German firm's future.
Former Wirecard CEO Markus Braun, who was arrested on suspicion of falsifying the German payments firm's accounts, has been released from custody, his lawyer told Reuters on Wednesday.
Nokia's new chief executive Pekka Lundmark will join the company on August 1, a month earlier than planned, the Finnish telecom equipment maker said on Wednesday.
REUTERS: Sweden's Evolution Gaming Group AB said on Wednesday it has offered to buy NetEnt AB for 19.6 billion Swedish crowns (US$2.12 billion) in stock. The offer of 79.93 crowns per share represents a premium of 43per cent over NetEnt's closing price on Tuesday. (US$1 = 9.2595 Swedish ......
Google will invest as much as US$2 billion in a data centre in Poland to deal with cloud services, the Puls Biznesu daily said on Wednesday.
SoftBank Group Corp is set to sell a portion of its stake in U.S. wireless carrier T-Mobile US Inc at US$103 per share to raise US$13.76 billion, a person familiar with the matter said on Tuesday.
SINGAPORE: The government has reduced the supply of private residential units on the confirmed list of its land sales programme for the second half of this year, due to the economic impact from the COVID-19 pandemic. Three private residential sites - including one executive condominium site - have ......
Walmart said it will not display in its stores the flag of the U.S. state of Mississippi, which includes a Confederate flag emblem, and is separately reviewing if items sold on its website in Canada breached its terms after online outrage over "All Lives Matter" products on the site....
