Bloomberg Business

GIC Is ‘Doubling Down’ on Some China Investments, CEO Says

GIC Pte is “doubling down” on some sectors in China as the country remains investable, even if it has become hard to make top-down allocations, according to the Singaporean sovereign wealth fund’s chief executive officer.

Kingspan Says Deal Discussions With Carlisle Have Ended

Kingspan Group Plc said early talks with Carlisle Cos. of the US about a potential deal have ended after news that the Irish company proposed creating a materials giant with a combined market value of almost $30 billion.

No-Show Workers Add Wrinkle to Stellantis Union Contract Talks

Shawn Fain, the president of the United Auto Workers, and Carlos Tavares, CEO of Jeep maker Stellantis NV, agree on at least one thing: The auto giant has a hard time getting some US factory workers to show up for their shifts.

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