HOLDINGS

FDA approves first drug in U.S. with digital ingestion tracking

FDA approves first drug in U.S. with digital ingestion tracking

Published 14/11/2017

The U.S. Food and Drug Administration said on Monday that it had approved Otsuka Pharmaceutical Co Ltd's Abilify MyCite, the first drug with a digital ingestion tracking system to be approved in the United States. [more…]

Tencent unit China Literature launches up to $1.1 billion HK IPO

Tencent unit China Literature launches up to $1.1 billion HK IPO

Published 23/10/2017

China Literature Ltd, China's largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital publishing business. [more…]

Exclusive: China`s Legend in talks to buy stake in Luxembourg bank BIL – source

Exclusive: China`s Legend in talks to buy stake in Luxembourg bank BIL – source

Published 11/07/2017

FILE PHOTO - Legend Holdings chairman Liu Chuanzhi attends a news conference on the company's annual results in Hong Kong, China March 30, 2016.

China's Legend Holdings Corp is in talks on a potential investment in Qatari-owned Banque Internationale a Luxembourg (BIL), a person with knowledge of the matter told Reuters.

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Tencent executive expects WeChat Pay in every shop in China within two years

Tencent executive expects WeChat Pay in every shop in China within two years

Published 21/04/2017

Logo of Tencent is displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu

An executive at Tencent Holdings Ltd, China's biggest social media and online entertainment company, said on Friday he expects its mobile messaging app WeChat to provide electronic payment services in every Chinese shop within two years.

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China`s Bitauto raises $1 billion from internet giants Tencent, Baidu

China`s Bitauto raises $1 billion from internet giants Tencent, Baidu

Published 20/04/2017

Auto portal Bitauto Holdings Ltd (BITA.N) has recently raised $1 billion from Tencent Holdings Ltd (0700.HK), Baidu Inc (BIDU.O) and JD.com Inc (JD.O) as it seeks to be China's largest online car financing platform, its chief told Reuters on Thursday.

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China`s AVIC, CITIC, others inject $850 million to fund Tencent`s Supercell purchase

China`s AVIC, CITIC, others inject $850 million to fund Tencent`s Supercell purchase

Published 17/10/2016

Tencent comany name is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip/File Photo

Tencent Holdings Ltd said a consortium formed to buy game developer Supercell has raised $850 million by selling new shares to investors including Chinese state-owned investment firms AVIC Capital and CITIC Capital.

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Japan’s SoftBank agrees $32 billion deal to buy Britain’s ARM

Japan’s SoftBank agrees $32 billion deal to buy Britain’s ARM

Published 18/07/2016

LONDON Japan's SoftBank Group Corp (9984.T) has agreed to buy British chip designer ARM Holdings (ARM.L) for 24.3 billion pounds ($32 billion), in a deal [more…]

SoftBank deal to buy ARM Holdings could come as early as Monday -source

SoftBank deal to buy ARM Holdings could come as early as Monday -source

Published 18/07/2016

SINGAPORE Japan's SoftBank Group Corp (9984.T) is close to buying ARM Holdings PLC (ARM.L) for $32 billion and an announcement could come as early as [more…]

Sears looks to boost Kenmore and Craftsman brands with new hire

Sears looks to boost Kenmore and Craftsman brands with new hire

Published 25/08/2015

Sears Holdings Corp (SHLD.O) named a former Johnson & Johnson (JNJ.N) executive to a new position as president of "hardlines" as the struggling retailer tries [more…]