Business

(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of MoneyGram International Inc (MGI.O) over national security concerns, the companies said on Tuesday, the latest Chinese deal torpedoed under the administration of U.S. President Donald Trump. The $1.2 billion deal’s collapse represents a blow for Jack Ma, the executive chairman of Chinese internet conglomerate
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Gaming revenue in the Chinese territory of Macau rose for the first time in three years in 2017 as high-end punters’ appetite for gambling recovers after a protracted government campaign against shows of wealth among public officials and slowing economic growth. Figures from Macau’s Gaming Inspection and Coordination bureau on Monday showed revenues rose 19
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BERLIN (Reuters) – The German government will probably lose a 150 million-euro government-backed loan to insolvent Air Berlin because the European Union opposed Lufthansa’s purchase of Air Berlin’s Austrian unit, Niki, a senior member of Chancellor Angela Merkel’s conservatives said on Sunday. British Airways owner IAG (ICAG.L) said on Friday that it would buy Niki
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FRANKFURT (Reuters) – The chief executive of German energy producer Uniper (UN01.DE) has criticized Finnish suitor Fortum (FORTUM.HE) for a lack of clarity about its intentions in a planned 8 billion euro ($9.6 billion) takeover of the company. Fortum has agreed to buy 47 percent of Uniper from Uniper’s parent E.ON (EONGn.DE) and offered the
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