unit

JHVEPhoto/iStock Editorial via Getty Images Update: The story has been updated with a statement from ByteDance. ByteDance (BDNCE) has confirmed that it will lay off some employees at its Indonesian e-commerce units Tokopedia and…

Wenjin Ling/E+ via Getty Images China Evergrande's (OTCPK:EGRNF) liquidator is in talks with a third-party buyer to sell a stake in the troubled property developer's electric vehicle unit. This news led to a rise in Hong…

Delek Group Ltd. (TASE:DLEKG) North Sea energy exploration and production unit Ithaca Energy (LSE: ITH) has agreed to buy Italian energy major Eni unit Eni UK's North Sea gas and oil assets - one month after reporting it…

Homegrown e-commerce start-up MarketForce has announced it is shutting down its business-to-business (B2B) distribution business RejaReja citing razor-thin margins that have made it a struggle to attain profitability at a unit level. In…

By Sinead Cruise and Lawrence White LONDON (Reuters) - HSBC's European chief is betting on rising regional wealth and overseas expansion by Asian corporate clients to boost his unit's contribution to group profit after a multi-year reboot…

SHANGHAI (Reuters) - China's SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors (NYSE:) and Volkswagen (ETR:) and at an electric-car unit, two people with knowledge of the matter told Reuters. The…

HONG KONG (Reuters) - A group of investors led by private equity firm PAG on Saturday announced an investment of $8.3 billion for a 60% stake in Chinese property giant Dalian Wanda's mall unit. Dalian Wanda will retain 40% in Newland…

Flavor, fragrance and food ingredients company Turpaz Industries (TASE: TRPZ) has agreed to buy Clarys & Willich Group, based in Belgium and Germany, for $47.7 million. The acquisition is being made through Turpaz…

Neilson Barnard/Getty Images Entertainment Southwest Gas (NYSE:SWX) disclosed plans Friday to move forward with an IPO for its infrastructure services business, two years after first announcing its intention for the spinoff following a…

© Reuters. FILE PHOTO: The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake/File Photo By Leroy Leo (Reuters)…