International News

Bloomberg A bluefin tuna weighing a staggering 276 kilograms (608 pounds) was sold for 193.2 million yen ($1.8 million) on Sunday at a Tokyo fish market, the second-highest price on record. Kiyomura Corp, which runs the Sushizanmai restaurant chain across Japan, made the winning bid for the second year in a row. It paid a record 333.6 million yen for ...

Bloomberg Elon Musk’s decision to assemble Tesla Inc cars in China required years of planning and billions of dollars in spending. Now comes the challenging part. The electric Model 3 sedans rolling off the assembly line at Tesla’s Shanghai plant — its first outside the US — face a market where total vehicle sales are expected to fall for a ...

Bloomberg Cellnex Telecom SA, the Spanish tower operator that has announced about 7 billion euros ($7.8 billion) of acquisitions since going public in 2015, is making its first deal of the year with the purchase of assets in Portugal. Cellnex, based in Barcelona, will acquire all of the towers held in a joint venture between Altice Europe NV, Morgan Stanley ...

Bloomberg HP Inc was awarded $439 million in damages against Quanta Storage Inc and its US subsidiary after a federal judge tripled a jury’s 2019 award for damages caused by a widespread scheme to inflate the price of optical disk drives. In October, a Houston jury ordered Quanta to pay HP $176 million in damages. US District Judge David Hittner ...

Bloomberg Samsung Electronics Co said it will introduce new products at an event in San Francisco next month. The launch of “new, innovative devices that will shape the next decade of mobile experiences” will take place on February 11 at 11 am local time, the South Korean company said. In a teaser, it showed a rectangle and a square, a ...

Bloomberg Pinterest Inc has shed more than a quarter of its market value since the end of October, falling below its April initial public offering price. Yet many market watchers still think the social-media company has the right formula to boost advertising revenue and win over investors. Almost half of Wall Street analysts tracked by Bloomberg recommend buying the stock ...

Bloomberg Carlos Ghosn slipped out of his Tokyo home moments after round-the-clock surveillance of his residence stopped on December 29, Japan’s Sankei newspaper reported. A private security company hired by Nissan Motor Co had been closely monitoring Ghosn while he was out on bail, the newspaper said, citing people with knowledge of the matter. The surveillance ended after Ghosn’s lawyer ...

Bloomberg Singapore-listed fintech firm iFast Corp said it led a consortium of Chinese partners to submit an application for a digital wholesale bank license in the city state. The bid was submitted at the end of December, the company said in a stock exchange filing . Its Chinese partners are Yillion Group and Hande Group. Yillion operates one of four ...

Bloomberg Adani Ports and Special Economic Zone Ltd agreed to acquire a deepwater port on India’s east coast for an enterprise value of $1.9 billion, a move that will help the nation’s biggest port operator by market capitalisation expand capacity by 64 million metric tons. Adani Ports will purchase 75% of Krishnapatnam Port Co in India’s Andhra Pradesh state, it ...

Bloomberg Ousted Bitmain Technologies Ltd co-founder Micree Zhan Ketuan has initiated a legal case to try to regain his position, escalating a battle for control of the world’s biggest miner of cryptocurrency. Great Simplicity Investment Corporation, owned by the engineering whiz-turned-entrepreneur, filed a summons in December in which he asked a Cayman Islands court to reverse a shareholder decision that ...