FIFA estimates Covid-19 will cost global football $11 billion
FIFA on Wednesday put the cost of Covid-19 on football around the world at $11 billion in lost revenue. The pandemic has already led to over 150 football associations to …
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Australian regulator says Google’s $2.1 billion Fitbit deal could harm competition
SYDNEY/BENGALURU (Reuters) – Australia’s antitrust regulator warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit (FIT.N) may give it too much of people’s data, potentially hurting competition in …
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Bankrupt Hertz to seize on speculation frenzy with $1 billion stock sale
FILE PHOTO: A logo of car rental company Hertz is seen on a building during the coronavirus disease (COVID-19) outbreak in Nice, France, May 27, 2020. Picture taken with a …
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Just Eat Takeaway dip again after $7.3 billion U.S. Grubhub buy
FILE PHOTO: Signage for Just Eat is seen on the window of a restaurant in London, Britain, August 5, 2019. REUTERS/Toby Melville. AMSTERDAM (Reuters) – European food-ordering firm Just Eat …
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Europe’s Just Eat Takeaway to buy Grubhub for $7.3 billion
AMSTERDAM/NEW YORK (Reuters) – European food ordering firm Just Eat Takeaway.com NV said on Wednesday it had agreed to buy U.S. peer Grubhub Inc in an all-stock deal that, if …
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Mall operator Simon Property abandons $3.6 billion acquisition of Taubman
FILE PHOTO: Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania, U.S., …
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Hong Kong spearheads $5 billion Cathay Pacific rescue package
SYDNEY/HONG KONG (Reuters) – Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways (0293.HK), which like other airlines has been hit by a global travel slump triggered …
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Hong Kong government to lead $5 billion rescue package for Cathay Pacific
FILE PHOTO: Cathay Pacific aircraft are seen parked on the tarmac at the airport, following the outbreak of the new coronavirus, in Hong Kong, China March 5, 2020. REUTERS/Tyrone Siu …
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Exclusive: Malaysia – Even $3 billion not enough to settle 1MDB case with Goldman
FILE PHOTO: The Goldman Sachs Headquarters building is pictured in the Manhattan borough of New York City, New York, U.S., December 19, 2018. REUTERS/Carlo Allegri KUALA LUMPUR (Reuters) – Malaysia’s …
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Abu Dhabi’s Mubadala to invest $1.2 billion in Indian digital company Jio Platforms
CAIRO (Reuters) – Abu Dhabi’s state fund Mubadala will invest AED4.4 billion ($1.2 billion) in the Indian digital company Jio Platforms, the Abu Dhabi media office announced in a statement …
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