Stripe raises $600 million in funding round, making for a $95 billion valuationThat makes Stripe the most valuable private company Silicon Valley has produced, according to the Financial Times.
15 Mar, 2021, 08.43 AM IST
European shares rise on upbeat China data; Renault jumpsThe pan-European STOXX 600 rose 1 per cent, hovering near three-month highs.
03 Jun, 2020, 01.34 PM IST
Contagion risks build in India’s credit market after fund freezeIndia also has the world’s worst bad-debt ratio at traditional lenders.
27 Apr, 2020, 01.17 PM IST
European shares dip as corporate pain from coronavirus outbreak growsThe pan-European STOXX 600 index was down 0.2 per cent.
03 Apr, 2020, 01.07 PM IST
Axa agrees to buy US insurer XL Group for $15.3 billionAxa fell as much as 10 per cent to 22.55 euros, the lowest in a year.
05 Mar, 2018, 03.29 PM IST
Dollar lustre dims for $1-trillion fund managersThe year-end median forecast of $1.05 shows little conviction that the dollar will be able to strengthen past $1.0458, the 12-year high rea...
21 Dec, 2015, 03.11 AM IST
- ArcelorMittal Q1 net income drops sharply to $11 million
ArcelorMittal posted a sharp decline in net profit for the first quarter of 2012 at $11 million against $1.069 billion in the year-ago peri...
10 May, 2012, 10.25 PM IST
- HSBC to sell general insurance business in four countries
Global financial services giant HSBC Holdings Plc today said it will sell its general insurance businesses in Hong Kong, Singapore, Mexico ...
07 Mar, 2012, 06.51 PM IST
- Citi to sell USD 1.7 bn private equity assets
Citigroup Inc will sell a USD 1.7 billion portfolio of private equity assets to European buyout firm AXA Private Equity as part of a strate...
08 Jun, 2011, 03.03 PM IST
- HP CEO, board faulted over directors’ appointment
Hewlett-Packard (HP) directors, including chief executive officer Leo Apotheker, went against company rules in their appointment of new boa...
11 Mar, 2011, 06.00 AM IST
- HP recast sees Shumeet Banerji on board
Hewlett-Packard Co, the largest maker of computers, announced a board shake-up aimed at adding foreignbased directors and quelling criticis...
22 Jan, 2011, 04.48 AM IST
- Axa, AMP clear decks for $13.1 billion acquisition
Axa, France’s biggest insurer, and Australian asset manager AMP bid at least A$13.3 billion ($13.1 billion) for Axa Asia Pacific Holdings i...
16 Nov, 2010, 02.01 AM IST
- NAB keeps bid for AXA Asia Pacific alive
National Australia Bank kept its hopes of a multi-billion dollar takeover of AXA Asia Pacific alive with a plan to make divestments to remo...
09 Aug, 2010, 12.05 PM IST
- AXA Asia Pacific signals NAB takeover deadline
Financial services firm AXA Asia Pacific on Tuesday said its support for a 13.29 billion dollar (US $11.59) takeover by National Australia ...
18 May, 2010, 10.18 AM IST
- US, European firms sell back-offices in India to cut costs: Report
With recession impacting biz, a host of cos in US and Europe have sold off their back offices in India to reduce costs. Dealing with salary...
09 Jun, 2009, 04.40 AM IST
- Bidders eye AIG unit as $60 bn loss looms
American International Group received bids from MetLife Inc and Axa SA for a life-insurance unit spanning more than 50 countries, Bloomberg...
25 Feb, 2009, 01.08 AM IST
- AXA to buy Winterthur from Credit Suisse for $10bn
French insurer AXA has agreed to buy the Swiss-based Winterthur from Credit Suisse for $10bn in cash.
15 Jun, 2006, 12.00 AM IST