By Donny Kwok and Selena LiHONG KONG (Reuters) - Ant Group, an affiliate of China’s e-commerce giant Alibaba (NYSE:BABA) Group, is buying a $362 million controlling stake in Bright Smart Securities & Commodities Group, marking its first acquisition of a securities brokerage licence.Ant agreed to buy a 50.55% stake in Bright Smart for HK$2.81 billion ($362.26 million), the companies said in ...
Investing.com-- Italy’s Mediobanca (BIT:MDBI) said on Monday it will submit a 6.3 billion euros ($7.16 billion) all-share offer to acquire Banca Generali (BIT:BGN), a deal that could potentially create a European wealth management giant.Banca Generali is a private bank controlled by the country’s top insurer, Assicurazioni Generali (BIT:GASI).Shares in Banca Generali surged around 8% in ea ...
(Reuters) -Google DeepMind staff in Britain plan to unionise to challenge the company’s decision to sell its artificial intelligence (AI) technologies to defence groups with ties to the Israeli government, the Financial Times reported on Saturday. About 300 London-based staff of Google (NASDAQ:GOOGL) DeepMind have been seeking to join the Communication Workers Union (CWU) in recent weeks, the re ...
(This April 25 story has been refiled to add back words dropped from the headline)By Karen Freifeld(Reuters) - President Donald Trump’s nominee for NASA administrator, Jared Isaacman, was arrested on fraud charges in 2010 and faced lawsuits in two states for writing $2 million in bad checks to casinos, according to government records and court filings.Isaacman is a billionaire pilot and astronau ...