HONG KONG (Reuters) – ZhongAn Online Property and Casualty Insurance Co Ltd, China’s first internet-only insurer, secured Hong Kong stock exchange approval for its planned initial public offering which could raise more than $1 billion, sources with direct knowledge of the deal said on Friday.
WASHINGTON (Reuters) – A U.S. Democratic senator on Friday questioned the Federal Trade Commission’s quick approval of Amazon.com Inc’s purchase of Whole Foods Market Inc this week, less than three months after the $13.7 billion deal was announced.
T.J. Watt sacks NYG twice; J.J. tweets approval
NEW YORK (Reuters) – The U.S. Commodity Futures Commission said on Monday it has granted New York-based LedgerX, a bitcoin options exchange, the first license to clear and settle derivative contracts for digital currencies.
SAN FRANCISCO/WASHINGTON (Reuters) – Tech entrepreneur Elon Musk on Thursday said he had received “verbal” approval to start building an ultra-high-speed underground transport system linking New York and Washington that would cut travel time between the cities to about half an hour.
Allurion, a Boston-based startup offering a non-invasive gastric balloon by swallowing a pill, has gained $27 million in Series C funding from previous investor Romulus Capital, with new participation from Cogepa Investments and IDO Investments, an innovation firm based in Oman. Read More
JAKARTA (Reuters) – Facebook Inc has received an in-principle approval to set up a domestic unit in Indonesia, said a senior government source from the Southeast Asian nation, home to the social networking giant’s fourth-largest user base.
BRUSSELS/MILAN (Reuters) – French media group Vivendi won EU antitrust approval on Tuesday for its plan to gain control of Telecom Italia after pledging to sell the Italian company’s majority stake in broadcasting services group Persidera.