Business

Bain Capital clinched a $1.2 billion deal on Tuesday to buy Japanese nursinghome operator Nichiigakkan after fending off a higher, lastminute bid from rival Baring Private Equity Asia (BPEA).

Japanese Prime Minister Shinzo Abe's rise to power in 2012 ushered in bold policies known as "Abenomics" that helped revive the economy and boost corporate profits, exports and jobs.

Sinopharm has said its experimental vaccine could be ready for public use by the end of this year. It has entered a late-stage human test in the United Arab Emirates to gather proof of efficacy for final regulatory approvals.

Carnival Corp said on Monday it launched an investigation after the cruise operator detected a ransomware attack that accessed and encrypted a portion of information technology systems of one of its brands.

Starting Social Security early typically means getting a smaller benefit for the rest of your life. The penalty is steep: Someone who applies this year at age 62 would see their monthly benefit check reduced by nearly 30%.

Any expansion in reporting under the statement of financial transactions (SFT) will mean that such reporting of high-value transactions to the income tax department will be done by financial institutions.

With last week's key macro data showing slow economic recovery and high inflation, experts are of the view that volatility may continue in the market going ahead.

The United States and China have delayed a review of their Phase 1 trade deal initially slated for Saturday, sources familiar with the plans told Reuters, citing scheduling conflicts and the need to allow time for more Chinese purchases of U.S. exports.

Shares of German biotechnology firm CureVac BV nearly tripled in their Nasdaq debut on Friday, marking the first stock market debut of a company developing a potential vaccine to combat the novel coronavirus.

Shares of German biotechnology firm CureVac BV nearly tripled in their Nasdaq debut on Friday, marking the first stock market debut of a company developing a potential vaccine to combat the coronavirus.

The United States is tying payments for COVID19 vaccines to timing milestones for production and approval, according to public documents and a Trump administration official, putting pressure on drugmakers including Moderna Inc to meet ambitious targets.

The S&P 500 slipped further away from record levels on Friday as domestic retail sales growth slowed in July, adding to worries about a wobbly postpandemic economic recovery in the absence of a new U.S. fiscal stimulus bill.

The U.S. military on Wednesday said Iranian forces briefly boarded a Liberianflagged oil near the Strait of Hormuz, heightening tensions in the world's busiest oil waterway.

Merchandise imports contracted 28.40% in July to $28.47 billion from a year ago while exports fell 10.21% to $23.64 billion, data released by the Ministry of Commerce and Industry on Wednesday showed.

Investors face a classic 'dictator dilemma' in Belarus hold on to securities that benefit from the status quo in a brutal regime, or sell them and sever their ties but which way they go may depend largely on Vladimir Putin's Russia.

Britain will buy potential COVID19 vaccines from U.S. drugmakers Johnson & Johnson and Novavax Inc , the companies said on Friday, boosting the number of deals it has with drugmakers as the global vaccine race rages on.