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Business 08 Apr 2021 | 7:00 AM

Brazil’s Lab Network to raise US$590mil in offering

BRASILIA: Diagnosticos da America SA, a healthcare firm owned by Brazil’s billionaire Bueno family, is poised to raise at least 3.3 billion reais (US$590mil or RM2.43bil) in a share sale.

Business 08 Apr 2021 | 7:00 AM

Morgan Stanley sells part of Archegos before most rivals

NEW YORK: Morgan Stanley sold US$5bil (RM21bil) of shares owned by Archegos Capital Management a day before a deluge of block trades sent shockwaves across capital markets.

Rugby 07 Apr 2021 | 3:24 PM

Super Rugby Trans-Tasman ditches plans for single venue 'super round'

(Reuters) - Super Rugby's Trans-Tasman competition has abandoned plans for a "super round" this year, where all 10 teams would play in a single city in one weekend, but will explore the concept in the future, New Zealand Rugby's Chris Lendrum said on Wednesday.