China’s market regulator said on Monday it is investigating the merger between Tencent-backed live game-streaming companies Douyu International Holdings and Huya Inc. Huya Inc will buy Douyu in a stock-for-stock…
Category: Business
Burger King India shares soar in market debut
Burger King India jumped nearly 88% in its market debut on Monday, after it raised about $110 million, signaling upbeat sentiment for the country’s food service sector. Shares of the…
Holiday retail workers seek “temporary lifeline” in warehouse jobs, if they can find one
This time of year, hundreds of thousands of seasonal retail workers across North America and Europe would usually be wrapping gifts, stirring hot chocolates, tidying Christmas displays or assisting the…
Vodafone towers spinoff Vantage eyes growth, open to bigger deals – CEO
The telecoms infrastructure business spun out by Britain’s Vodafone is ready to join the dealmaking fray in Europe but even with its existing asset base sees a decade of promising…
McLaren optimistic on prospects for Automotive, says Walsh
The McLaren Group is optimistic about the prospects for its luxury sportscar maker after the COVID-19 pandemic dealt a big hit to revenues this year, executive chairman Paul Walsh said…
U.S.-based MSP Sports Capital buys into McLaren F1
U.S.-based investment group MSP Sports Capital is taking a significant minority stake in McLaren Racing in a deal the Formula One team said would give them the tools to return…
Authentic Brands plotting double takeover of Debenhams, Arcadia: Telegraph
Authentic Brands is plotting a double takeover of collapsed department store chain Debenhams and Topshop-owner Arcadia Group, The Daily Telegraph newspaper reported on Saturday, citing sources. Authentic Brands, owner of…