Azimut Holding SpA agreed to buy Turkey’s Yapi Kredi Portfoy Yonetimi AS, in a deal that will make the Italian asset and wealth manager the largest private portfolio manager in the country.
Rescuers continued the hunt for survivors in the ruins of a shopping mall on the southwestern island of Kyushu on Wednesday, after a major earthquake in which multiple people have been confirmed dead.
The quake hit a region that is a hub for Japan’s semiconductor industry, housing names like TSMC and Tokyo Electron. (Source: Bloomberg)
BMW AG is offering voluntary severance packages to thousands of its workers in Germany, as the carmaker tries to become leaner to better compete with rivals from China.
CVC Capital Partners Plc is considering a sale of its Chinese retail pharmacy chain Xi’an Yikang Pharmaceutical Co., according to people familiar with the matter.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Hollywood star Orlando Bloom is making another attempt to sell his longtime Malibu beach mansion—relisting the property at a big discount, just a few weeks after it was taken off the market.
Laopu Gold Co. lost $2.1 billion in market value Tuesday after the Chinese jeweler flagged slowing sales, unsettling investors who had been betting on some of China’s most viral consumer brands.
The slide in the Asian tech stocks pushed the benchmark for emerging markets to the lowest in three months, though the pullback in oil prices helped shield European bourses and currencies from the selloff.
