U.S. electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan (US$1.4 billion), five-year loan facility for the automaker's Shanghai car plant, three sources familiar with the matter said, part of which will be used to roll over an existing loan....
SoftBank Group Corp's talks to secure US$3 billion from Japan's three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a US$9.5 billion rescue package for WeWork.
BEIJING: China's Meituan Dianping said on Monday (Dec 23) it will make improvements to its platform after one of its delivery men stabbed a supermarket staffer to death on the weekend, prompting debate on social media over the pressures faced by such workers. The case was one of the...
The global use of Facebook's Libra and other stable coins could curb the Chinese yuan's international development, the official Xinhua news reported on Monday, citing the central bank's vice governor Chen Yulu.
Bayer shares rose as much as 3.5per cent on Monday, reaching their highest level in 14 months, after the United States government said that a US$25 million glyphosate decision against the company should be reversed.
Credit Suisse and law firm Homburger will continue their investigation into employee observation at the bank, a spokesman said, after the bank on Monday confirmed a second former executive was tailed.
The logistics unit of Chinese e-commerce company JD.com Inc has held early discussions with banks about a potential overseas IPO that could raise US$8 billion to US$10 billion, two people with direct knowledge of the matter told Reuters.
Credit Suisse on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident, saying former Chief Operating Officer Pierre-Olivier Bouee had the Swiss bank's then-head of human resources followed in February and covered it up.
French oil company Total said on Monday that it would pay a bonus of US$100 million as part of its previously announced deal with U.S. peer Apache to develop an offshore block off Suriname.
From Harley Davidson to Colgate-Palmolive, U.S. companies are flocking to borrow in euros and their record issuance is breathing life into a market where yields have been hammered by the European Central Bank's renewed stimulus push.
