Paytm founder Vijay Shekhar Sharma will acquire a 10.3% stake from China’s Ant Group Co., in an unusual transaction that will make the entrepreneur the company’s single biggest shareholder without paying any cash.
Airlines were forced to divert some flights after Niger restricted its airspace on Sunday night, making it more difficult for planes to fly across parts of Africa.
Bain Capital is moving closer to a potential agreement to take Chindata Group Holdings Ltd. private, people familiar with the matter said, a deal that would allow the buyout firm to take full ownership of the data center business.
Billionaire German brothers Andreas and Thomas Struengmann have agreed to acquire Schuelke & Mayr GmbH, the maker of hand sanitizer owned by EQT AB.
A BNP Paribas SA unit tapped a New York managing director and a business executive in Mexico to run its new Miami office.
German long-dated bonds led a global selloff Monday as investors weighed the latest signs of resilience in the global economy and the prospect of a prolonged period of high interest rates.
HSBC Holdings Plc’s head of public affairs criticized the US for strong-arming the UK into cutting back business dealings with China and accused the British government of being “weak” for going along with it.
Pheu Thai, a party linked to former premier Thaksin Shinawatra, has joined hands with conservative Bhumjaithai Party to form a government and break a political stalemate that’s gripped the Southeast Asian nation since the May general election.
India’s lower house of parliament Monday approved a bill that seeks to ease data storage, processing and transfer norms for BigTech companies as well as local firms seeking growth abroad.
OHB SE surged after KKR & Co. said it plans to take the German space and technology company private alongside its founding family, as competition in the satellite sector heats up.
