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Singapore bans two more people for 1MDB breaches

Bloomberg Singapore banned two more financial professionals over breaches related to 1Malaysia Development Bhd., taking to eight the number of prohibitions handed down by the city in connection with the troubled state investment fund. The Monetary Authority of Singapore issued a lifetime prohibition order on former private banker Yeo Jiawei and placed a three-year ban on Kevin Scully, the former ...

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December’s $361 billion deal haul is busiest in a decade

Cvs agrees to buy aetna

Bloomberg Just as most people are packing up for the holidays, dealmakers across the world are rushing to finish up a slew of transactions in industries ranging from consumer to telecom to health care. Companies have announced about $361 billion of mergers and acquisitions this month, making it the busiest December in at least 12 years, according to data compiled ...

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Yandex to expand UberEats in Russia

Uber enters food delivery market in south korea

Bloomberg Yandex NV, Russia’s largest search engine, bought local food-delivery firm Foodfox to expand its tie-up with Uber Technologies Inc. in the country, according to a statement on Monday. Uber agreed in July to merge its business in Russia and CIS with Yandex into a $3.7 billion joint venture to be controlled by the Russian company, as it battles across ...

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