Business

Crunch time for Tencent Music’s 2018 $2 billion IPO hopes

Crunch time for Tencent Music's 2018 $2 billion IPO hopes

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HONG KONG (Reuters) - Tencent Music Entertainment (TME) – China’s answer to Spotify – is facing crunch time on its hotly anticipated U.S. $2 billion mega IPO this year. FILE PHOTO: Visitors are seen at a booth of Tencent Music Entertainment at the Beijing Music and Life Show in Beijing, China, May 7, 2017. REUTERS/Stringer…
Japan prosecutors weigh bringing case against Nissan after Ghosn arrest: Asahi
Japan government calls for stable alliance among Nissan, Renault, Mitsubishi
Oil prices rise after 6-percent plunge, but market on edge
NASA to review workplace safety culture at SpaceX, Boeing
Noble Group hit by regulatory probe, days before closing $3.5 billion restructuring deal

Noble Group hit by regulatory probe, days before closing $3.5 billion restructuring deal

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SINGAPORE (Reuters) - Singapore authorities are investigating Noble Group Ltd (NOBG.SI) for suspected false and misleading statements, just days before the Singapore-listed company was to complete its $3.5 billion debt restructuring deal to prevent its collapse. FILE PHOTO: A Noble Group sign is pictured at a meet-the-investors event in Singapore August 17, 2015. REUTERS/Edgar Su…
Sears investors claim hedge fund Cyrus improperly influencing credit market: letter

Sears investors claim hedge fund Cyrus improperly influencing credit market: letter

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NEW YORK (Reuters) - Investors who bought insurance meant to mitigate losses from Sears Holdings Corp’s (SHLDQ.PK) bankruptcy proceedings are claiming that a hedge fund that sold the insurance is improperly influencing market proceedings, according to a letter seen by Reuters. FILE PHOTO: The Sears logo is seen outside a store in Brooklyn, New York,…
Asia stocks drop, oil stymied as growth woes grip global markets

Asia stocks drop, oil stymied as growth woes grip global markets

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TOKYO (Reuters) - Asian stocks fell on Wednesday, weighed by a renewed bout of selling on Wall Street, and crude oil struggled after a sharp slide as economic growth concerns gripped global markets. FILE PHOTO: An investor sits in front of displays showing stock information at a brokerage office in Beijing, China October 11, 2018.…