London bankers will need ‘chaperones’ for EU clients under no-deal Brexit: sources

Investment banks have warned M&A teams in Britain they cannot pitch business to clients in the European Union if there is a no-deal Brexit without an EU “chaperone” sitting in on their meeting, sources familiar with the matter told Reuters.

Seizing on Huawei’s troubles, Samsung bets big on network gear

Samsung Electronics is pouring resources into its telecom network equipment business, aiming to capitalize on the security fears hobbling China’s Huawei, according to company officials and other industry executives.

Lyft to woo investors with fast U.S. growth in IPO race with Uber

Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with the matter.

Exclusive: Alibaba in talks on stake in China operations of Germany’s Metro – sources

Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with Germany’s Metro about taking a stake in the German wholesaler’s China operations, three sources told Reuters on Thursday.

Malaysian court allows ex-Goldman banker to return to U.S. to face 1MDB charges

Roger Ng, a former Goldman Sachs Group Inc banker caught up in the 1Malaysia Development Berhad (1MDB) fraud scandal, will be allowed to return to the United States to face criminal charges against him there, a Malaysian court ruled on Friday.

As Amazon drops New York City project, progressives claim a major coup

U.S. Representative Alexandria Ocasio-Cortez wasted no time on Thursday in calling Amazon’s decision to scrap plans to build a major New York outpost with nearly $3 billion in city and state incentives a big victory for progressive politicians.

Starbucks launches all-day dining cafe in China

Starbucks Corp said on Friday it would launch a new all-day dining cafe in China which will serve a brunch menu and cocktails, as the world’s largest coffee chain seeks to expand its retail offering in the increasingly competitive market.

Feeling unwelcome, Amazon ditches plans for New York hub

Amazon.com Inc abruptly scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by state and city politicians.