(Add details, background) * Imports 686,849 T of Iranian crude in June versus 1.15 million T year * Iran's H1 oil imports decreased 33.9 pct in the year to 6.13 million tons …
Read More »Xiaomi China HK IPO prices at the bottom of the range, raise $ 4.72 billion: sources
HONG KONG (Reuters / IFR) – China's Xiaomi Corp ( 1810.HK ) valued its initial public offering in Hong Kong (IPO) at the limit of an indicative range, raising $ 4.72 billion …
Read More »Uber battles to keep London’s license on appeal in court
LONDON (Reuters) – Uber [UBER.UL] will go to court on Monday to overturn a decision that takes away his license in London after being declared unfit to operate a taxi service in …
Read More »Roche pays $ 2.4 billion for rest of cancer expert Foundation Medicine
ZURICH / LONDON (Reuters) – Swiss pharmaceutical company Roche ( ROG.S ) is paying $ 2.4 billion to buy the rest of Foundation Medicine (FMI) ( FMI.O ]), increasing its commitment to …
Read More »UPDATE 3: Swiss voters reject a campaign to radically alter the banking system
* Swiss government said satisfied with result * Most cantons vote against offers * Opponents warned of damage to economy (Add end result, official, government comment) ] By John Revill ZURICH, June …
Read More »Oil falls due to concerns about the increase in supply, weaker demand
NEW YORK (Reuters) – Oil prices fell on Friday due to concerns over the increase in US production and falling demand in China, which weighed on the contract and JP Morgan cut …
Read More »Ant Financial raises $ 14 billion in the world’s largest fundraiser
SHANGHAI / BEIJING (Reuters) – Ant Financial Services Group, operator of China's largest online payment platform, said on Friday that it raised about $ 14 billion in what market watchers called the …
Read More »The chief executive behind Baidu’s artificial intelligence unit going down
BEIJING (Reuters) – Lu Qi, who oversaw Baidu Inc ( BIDU.O ) switch to artificial intelligence (AI) after a damaging advertising scandal in 2016, retires from the position of director of China …
Read More »Fall of the ruble crushing the local popular trade of the Russian debt
LONDON, April 11 (Reuters) – Some of the world's highest inflation-adjusted returns may not be enough to protect Russian bonds from the sale of rubles that has seized the markets since the …
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