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The management of a smartphone app used by millions of Australians to get live bushfire updates may be sold as its developer restructures to cut debt, even as it looks to extend the app nationally, the company's CEO said.
Casino's upmarket Monoprix supermarket chain said the start of its partnership with Amazon Prime's delivery service for Paris had been better than expected – an alliance that could prove crucial for debt-ridden Casino's fortunes.
British games developer Sumo Digital said on Monday its initial public offering (IPO) was priced at £1 (RM5.45) per share for listing on London's junior market on Wednesday, valuing the company at £145mil (RM791.2mil).
Wal-Mart Stores Inc will add products from Lord & Taylor to its website, bringing together America’s oldest department store with its biggest retailer in a push to take Wal-Mart’s dowdy brand upmarket.
The founder of LeEco, a Chinese Netflix-to-Tesla-like conglomerate, has stepped down as the CEO of the group's main listed unit, as the company begins to streamline and cut debt after rapid expansion led to a cash crunch.
Deutsche Telekom is preparing to sell thousands of German mobile phone masts in a potential €5bil (RM22.26bil) deal as it seeks to free up funds for investing in its European networks, two sources close to the matter said.
China's biggest gaming group Tencent Holdings Ltd is to buy a majority stake in Clash of Clans mobile game maker Supercell from SoftBank Group Corp in a deal valued at roughly US$8.6bil (RM34.34bil).
Tencent Holdings Ltd is nearing a US$6.6bil (RM27.08bil) deal to buy a majority stake in Finland's Supercell Oy, a person familiar with the matter said, in what would be the biggest-ever purchase of a mobile games maker.
Tata Communications Ltd is looking for another buyer for its South African fixed-line subsidiary Neotel after a deal with Vodacom Group Ltd fell through.
Russian billionaire Vladimir Yevtushenkov, owner of conglomerate Sistema, said he has held talks with tycoon Anil Ambani's Reliance Communications about a possible joint venture in India.