China Evergrande Group’s largest strategic investor is leaning toward demanding repayment of the $3.4 billion it’s sunk into the embattled developer, according to people familiar with matter, adding pressure on the company as it races to cut its massive debt load....
Japan’s Mitsubishi Materials Corp (MMC) (5711.T) has bought a 30% stake in Mantoverde copper mine and an associated copper project from Mantos Copper for $236 million to secure more concentrates for its smelters, the company said on Friday. The mine, which has 2.1...
Ken Wong, head of EQT Australia and New Zealand, will relocate from Singapore to head up office Swedish private equity firm EQT is expanding its operations in the Asia-Pacific region with the opening of a new office in Sydney. The new branch will be led by Ken Wong,...
Intel Corp. bought Habana Labs, an Israeli startup that develops chips for artificial intelligence applications, for about $2 billion to bolster its efforts in the fast-growing market for AI silicon. The purchase is the latest in a string of acquisitions aimed at...
American Express Global Business Travel said Carlyle Group and several big name investors are buying a stake in the corporate travel company. American Express Co. will retain 50% ownership, according to a statement Tuesday. The deal values the unit at $5 billion,... 