February 4, 2019

DSV’s $4 billion offer for Panalpina gets shareholder cold shoulder

Danish logistics company DSV’s $4 billion-plus bid for Panalpina hit a roadblock on Monday when the Swiss freight forwarder’s top shareholder rejected the offer, saying Panalpina […]
February 4, 2019

Fish help fuel bumper cannabis crops for Canadian producer

The unlikely combination of freshwater fish and cannabis is producing outsized medical marijuana crops that Green Relief Inc aims to capitalize on, as the Canadian company […]
February 4, 2019

Australia to overhaul regulators after landmark banking inquiry

Australia’s corporate regulators will be subjected to a new oversight body in a shake-up of the banking sector designed to combat the excessive greed and unethical […]
February 4, 2019

Australian banking inquiry recommends new watchdog for regulators

Australia’s corporate and prudential regulators must undergo regular, rigorous assessments under an independent oversight body, a powerful review of the country’s banking sector recommended in its […]
February 4, 2019

Japan insurers to target China M&A in new phase after $50 billion overseas push

Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s second-largest buyer of insurance assets, and […]
February 4, 2019

Asia stocks quiet, dollar firm after upbeat U.S. job data

Asia stocks hovered near four-month highs on Monday after a mixed performance on Wall Street at the close of last week, while the dollar firmed against […]
February 4, 2019

Asia stocks quiet, dollar supported after upbeat U.S. jobs data

Asia stocks were barely moved on Monday, staying near a four-month high after Wall Street’s tepid pre-weekend performance, while the dollar was supported against the yen […]
February 4, 2019

Goldman Sachs invests in HSBC-backed fintech app Bud

Goldman Sachs is among the investors in a $20 million fundraising for financial technology firm Bud, the two companies said on Monday, the latest in a […]
February 3, 2019

Nissan scraps plan to build new X-Trail model in Britain

Carmaker Nissan has scrapped plans to build its new X-Trail SUV in Britain and will produce it solely in Japan, warning two months before Brexit that […]
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