BEIJING China failed to get India's support for its ambitious Belt and Road infrastructure project at the end of a foreign ministers' meeting of a major security bloc on Tuesday, ahead of an ice-breaking trip to China this week by India's prime minister.
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LONDON World stocks steadied on Tuesday after three sessions of losses thanks to strong earnings from the likes of Google and as a rise in U.S. bond yields towards the key 3 percent level stalled, while oil prices stretched to fresh highs above $75 a barrel.
BEIJING/SHANGHAI Japan's Softbank Group and Alphabet Inc's venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday.
FRANKFURT/LONDON Germany's SAP announced upbeat results in the seasonally tough first quarter, saying it was gaining ground on competitors Salesforce and Oracle in the cloud and that its margin recovery was firmly on track.
A unit of debt-laden Chinese conglomerate HNA Group is seeking to raise as much as $1.5 billion by the end of this year in an investment fund that will serve as the group's primary vehicle for global acquisitions, a document reviewed by Reuters showed. The Overseas Aviation and Tourism Industry Fund will target travel, aviation and real estate assets around the world, according to the document. HNA Aviation and Tourism Group is the division of the company that is behind the fund,
LONDON One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by Thomson Reuters on Tuesday found.