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Chinese fintech could shatter records with $35B share offer
HONG KONG — The world’s largest fintech company, China's Ant Group, will try to raise nearly $35 billion in a massive public offering of stock that would shatter records.
Oct 26, 2020 9:50 AM
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Sept. new home sales fall 3.5%, after strong summer season
CHARLOTTE, N.C. — Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units, the Commerce Department said Monday, as the housing market's hot summer buying season cooled.
Oct 26, 2020 9:49 AM
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Bombardier to get less cash in sale of aerostructures business to Spirit AeroSystems
MONTREAL — Bombardier Inc. will receive less cash than it originally had agreed to in the sale of its aerostructures business to Spirit AeroSystems Holding Inc.
Oct 26, 2020 9:45 AM
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Blackstone to buy Simply Self Storage from Brookfield for US$1.2 billion
TORONTO — Blackstone Real Estate Income Trust Inc. says it has signed a deal to buy Simply Self Storage from a Brookfield Asset Management real estate fund for approximately US$1.2 billion.
Oct 26, 2020 7:32 AM
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Brookfield Business Partners to buy residential mortgage insurer Genworth MI Canada
TORONTO — Brookfield Business Partners LP has signed a deal to buy the remaining interest in Genworth MI Canada Inc. that it does not already own in an offer that values the company at about $3.8 billion.
Oct 26, 2020 6:29 AM
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German business confidence slips after 5 months of rises
BERLIN — German business confidence has declined for the first time after five straight monthly increases as coronavirus infections rebound across Europe, a closely watched survey showed Monday.
Oct 26, 2020 4:46 AM
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Spokesman: China to sanction US arms suppliers to Taiwan
BEIJING — China's government said Monday it will impose sanctions on U.S. military contractors including Boeing Co.'s defence unit and Lockheed Martin Corp.
Oct 26, 2020 4:46 AM
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Asia Today: Melbourne to largely emerge from virus lockdown
CANBERRA, Australia — Melbourne, Australia’s former coronavirus hot spot, will largely emerge from a lockdown after the nation’s second-largest city on Monday recorded its first day without a new coronavirus case in more than four months.
Oct 26, 2020 4:25 AM
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Harry Styles investing in new music venue in Manchester
LONDON — While most music stars are rescheduling tour dates to 2021, Harry Styles is looking farther ahead and making plans to headline his own arena — one he’s putting his money and ideas into.
Oct 26, 2020 12:49 AM
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Cenovus to buy Husky Energy for $3.8 billion in shares, CEO will be Alex Pourbaix
CALGARY — A surprise move by Cenovus Energy Inc. to buy rival Husky Energy Inc. for $3.8 billion in shares will create the third-largest Canadian oil and natural gas producer by total production, the companies announced Sunday.
Oct 25, 2020 1:22 PM
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