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Stuff that matters

UK ministers reject Sanjeev Gupta’s bailout plea

British ministers have rejected a request from mining magnate Sanjeev Gupta for a 170 million pound emergency loan to prevent his group, GFG Alliance, from collapsing, the Financial Times reported

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Atlantia to get sweetener in CDP-led consortium’s bid for Autostrade stake

A consortium led by Italian state lender CDP is working on a sweetened offer for Atlantia’s stake in Autostrade per l’Italia in a last-ditch attempt to salvage talks over the

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Tencent Music announces biggest ever $1 billion share buyback

China’s Tencent Music Entertainment Group announced a $1 billion share repurchase plan, its biggest, late on Sunday, days after the U.S. securities regulator adopted stricter measures for foreign companies listed

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Nomura flags $2 billion loss, cancels bond issue; shares plummet

Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest brokerage and investment bank to shelve a hefty bond issuance and sending

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Investors BlackRock, Vanguard join net zero effort

Top asset managers BlackRock Inc and Vanguard Group Inc have joined an investor push to limit greenhouse gas emissions to net zero by 2050, giving new momentum to the effort

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Damage from fire at Renesas chip factory worse than first thought

Renesas Electronics Corp now believes damage from a fire at its chip-making plant was more extensive than first thought, the Nikkei daily newspaper reported on Monday. The company had initially

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Toyota presses Australia to promote roll-out of hydrogen fuel stations

Toyota Motor Corp on Monday opened its first commercial hydrogen fuel pump site in the Australian state of Victoria, urging the government to encourage the rollout of more sites to

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