November 15, 2019

India’s 9-month-old CRED raises $120M to help people improve their financial behavior

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By Manish Singh From TechCrunch Many Silicon Valley companies and fintech startups in India today share a common mission: They all want to bring their financial services to the next billion users. Dozens of fintech startups that we have spoken to in recent months have told us that they all want to address much of […]

China Biologic suffers contaminated infusion

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By Jeffrey Goldfarb Reuters  From Nasdaq (The author is a Reuters Breakingviews columnist.) HONG KONG, Aug 27 (Reuters Breakingviews) – China Biologic Products makes a good case for why it should go private. Instead of accepting one of two takeover bids offering hefty premiums, the U.S.-listed manufacturer of plasma products opted for a dilutive share […]

Telstra faces misconduct allegations over $2.1 billion Autohome sale

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By Max Mason From AFR Weekend Telstra faces allegations of misconduct over its $2.1 billion sale of most it is majority stake in Autohome in an action brought in the Cayman Islands by the minority shareholders of the Chinese car classifieds business. Telstra, which announced $1.5 billion was to be returned to shareholders with the […]

Telstra’s Autohome sale faces Cayman Islands court action

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By Max Mason From Financial Review Telstra’s $2.1 billion sale of most of its majority stake in Autohome to insurer Ping An will face a court challenge after it emerged a group of executives from the Chinese car classifieds company had planned their own takeover. A management consortium, led by Autohome chief executive James Qin, […]