Reliance Industries Ltd said on Friday that Intel Corp would buy a 0.39per cent stake in its digital unit, Jio Platforms, for 18.95 billion rupees (US$253.55 million).
Tencent Holdings, China's biggest social media and video game company, launched a new California-based studio this week, as it looks to further expand its presence overseas.
DBS and Schroder Investment Management Singapore (Schroders Singapore) on Friday announced the launch of a multi-asset fund for retirement income planning, named Schroder Asia More+.
Embattled coffee chain Luckin Coffee has decided against ousting its founder and chairman, despite an internal investigation concluding that last year's revenue included millions of dollars in fake sales.
Apple supplier Foxconn said on Friday customs clearing procedures in India have been resolved, as additional scrutiny by the country of imports from China disrupted operations in some foreign firms amid tensions between the Asian giants.
ARA Venn has raised 200 million euros (S$313.8 million) from institutional investors for the first close of its latest whole-loan European real estate debt fund.
Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service sector activity but a surge in coronavirus cases in the United States kept a lid on further risk-taking.
Citigroup is planning to hire more bankers in Saudi Arabia for its direct custody business after adding more than 20 for onshore capital markets in the last two years, its Europe, Middle East and Africa head said.
Reliance Industries Ltd said on Friday that Intel Corp would buy a 0.39per cent stake in its digital unit, Jio Platforms, for 18.95 billion rupees (US$253.55 million).
