Reuters

Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

Alibaba set for 'big challenge' as chairman Jack Ma steps down

People

09 September, 2019

Alibaba set for 'big challenge' as chairman Jack Ma steps down

Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting ......

Manufacturing

09 September, 2019

India's passenger vehicle sales log worst-ever drop in August

India’s monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released...

Finance

06 September, 2019

UBS to revamp investment bank in bid to lift flagging earnings

Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market...

Markets

06 September, 2019

Sensex, Nifty clock weekly loss on weak economic data

Indian shares closed higher on Friday as investors cheered the government’s assurance for the ailing domestic auto sector,...

TMT

06 September, 2019

SoftBank-backed WeWork may slash IPO valuation by more than half

WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) to ......

Consumer

05 September, 2019

After Hamleys, Reliance looks for more overseas retail acquisitions

India’s Reliance Industries Ltd is looking to buy fashion and child-focused retailers abroad and partner with global sports...

Markets

05 September, 2019

Sensex, Nifty erase gains on slowdown worries

India’s benchmark BSE Sensex reversed early gains and closed slightly lower on Thursday as sluggish economic growth kept...

Manufacturing

05 September, 2019

US sues to stop Hindalco unit Novelis' $2.6-bn purchase of Aleris

The U.S. Justice Department on Wednesday filed a lawsuit aimed at stopping Novelis Inc's proposed $2.6 billion purchase of...

Markets

05 September, 2019

Why rupee may not gain ground despite tax rollback for foreign investors

The Indian rupee will not regain ground lost against the dollar in the coming year, according to strategists polled by ......

Infrastructure

04 September, 2019

Jet Airways' creditors to recover only $300-400 mn in liquidation scenario

Creditors of India’s bankrupt Jet Airways (JET.NS) are likely to recover less than 10% of the carrier’s total outstanding...