July 12, 2018

JD.com’s finance affiliate raises $2 billion, more than doubles valuation

JD.com Inc’s finance affiliate said on Thursday it has signed binding agreements with investors to raise 13 billion yuan ($1.96 billion) in fresh equity at a […]
July 12, 2018

Brent oil gains $1 to claw back some losses

Brent crude rose more than $1 on Thursday, recouping some ground after its biggest one-day drop in two years in the previous session on news that […]
July 12, 2018

Chipmaker Broadcom inks $19 billion deal to buy software company CA

Broadcom Inc announced a $18.9 billion deal to buy U.S. business software company CA Inc on Wednesday, venturing far beyond its realm of semiconductors and testing […]
July 12, 2018

Stocks, commodities consolidate after latest trade war jolt

Stocks and commodities recovered slightly on Thursday as markets tried to consolidate from the previous session’s steep losses when fears of an escalation in the U.S.-China […]
July 12, 2018

Walmart looks to exit Japan with Seiyu supermarket sale: NIkkei

U.S. retailer Walmart Inc has decided to sell Japanese supermarket chain Seiyu and has already approached major retailers and private equity funds, the Nikkei business daily […]
July 12, 2018

Walmex’s new e-commerce VP eyes groceries to propel online business

Wal Mart de Mexico’s new e-commerce head plans to play to its strengths in grocery deliveries to help the country’s largest retailer stand apart from rivals, […]
July 12, 2018

China vows to hit back over U.S. proposal for fresh tariffs

China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 […]
July 11, 2018

Walmart plans to sell Japanese supermarket chain Seiyu: Nikkei

U.S. retailer Walmart Inc has decided to sell Japanese supermarket chain Seiyu and has already approached major retailers and private equity funds, the Nikkei business daily […]
July 11, 2018

Chipmaker Broadcom plans $19 billion deal to buy software company CA

Broadcom Inc plans to acquire U.S. business software company CA Inc in a $19 billion deal aimed at diversifying Broadcom beyond semiconductors, but Wall Street analysts […]
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