MUMBAI — Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year’s $5.1 billion, two people with direct knowledge of deal talks told Reuters. Read More
Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, the Australian central bank governor said on Sunday. Read More
SEOUL — South Korea said on Thursday it is discussing with the United States ways to strengthen cooperation on chip-making, Yonhap News Agency reported. Read More
MADRID — Spain’s Cellnex said on Wednesday it was no longer participating in the process for the potential acquisition of a stake in the company that operates Deutsche Telekom’s telecommunications infrastructure in Germany and Austria. Read More
PARIS — For Emilie Malherbe, choosing the color of her brand new Renault Arkana SUV was easy because only three were available: black, pearl-white and gray. Read More
SHANGHAI — China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country’s market regulator said on Sunday. Read More
Softbank-owned Fortress Investment Group has offered around 200 billion yen ($1.48 billion) to buy Japanese department store unit Sogo & Seibu from parent Seven & i Holdings, Nikkei reported on Sunday, citing sources. Read More
Elon Musk on Friday night broke his nine-day silence on Twitter, the social media platform he is trying to buy for $44 billion, posting a picture of him meeting Pope Francis on Thursday. Read More