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Foxconn and Vietnam’s VinFast explore partnership, talks focus on batteries, EV parts

Vietnam’s largest conglomerate Vingroup said on Friday its car unit was in early stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing

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WhatsApp hires Amazon Pay’s Mahatme to lead India payments

WhatsApp has hired a top Amazon executive to head its payments business in India, two sources said, as the messenger service gears up to expand in the booming sector. Manesh

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Refinitiv managers, Thomson Reuters Corp sell $1 billion in LSE voting shares

Thomson Reuters Corp and some members of Refinitiv’s management have sold 10.4 million voting shares in London Stock Exchange Group for roughly 745 million pounds ($1.04 billion), a joint bookrunner

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Capital Group becomes second-biggest investor in ABB

U.S.-based investment manager Capital Group has increased its stake in ABB to 5.05%, a regulatory filing showed on Friday, becoming the second-biggest shareholder in the Swiss engineering company. Capital, which

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Bond managers say pace of rise in U.S. bond yields ‘unsettling’

The recent pace of the rise in yields in the U.S. Treasury market has been unsettling, according to several major bond fund managers who worry the market could be viewed

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Twitter’s ‘Birdwatch’ crowd experiment courts familiar challenges

In January, just weeks after Twitter Inc permanently banned former President Donald Trump following the storming of the U.S. Capitol, the social media company started asking U.S. users to help

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British Airways owner IAG raises $1.4 billion to ride out travel turmoil

British Airways owner IAG raised 1.2 billion euros ($1.43 billion) in a bond issue it said would help it survive a potentially longer than expected travel downturn. Airlines are counting

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