Daimler taps Goldman to advise on increasing China BAIC stake

A deal would be only the second since the world’s biggest auto market relaxed foreign ownership rules last year.

Murphy Oil to sell Malaysian assets for $2.13b to Thailand’s PTTEP

Murphy Oil, which has been in Malaysia for two decades, would exit the country after the sale of its Sabah Oil and Sarawak Oil units in an all-cash deal.

Macquarie to sell Brussels Airport stake to APG, QIC and Swiss Life

MIRA acquired its initial stake in Brussels Airport as part of the airport’s privatisation in 2004.

Software firm Ebix offers to buy Indian online travel firm Yatra for $336m

EbixCash bought Mercury Travels and Leisure Corp last year with an aim to create a travel division focused on luxury, events and sports related travelers.

Airbnb buys HotelTonight, makes further inroads into hotel booking

The acquisition expands the company’s inventory by adding a number of listings from hotels, long viewed as the arch enemy of Airbnb.

Total acquires 10% stake in Arctic LNG 2 project from Russia’s Novatek

Through the transaction, the French energy group looks to build up its presence in the area to service a fast-growing Asian market.

Carlsberg buys minority stake in Chinese micro brewery Jing-A

The Chinese brewer will remain in control of producing its craft and specialty beers and developing its brand.

US seeks to recover $38m in assets from 1MDB case

The complaints filed on Friday in California involve luxury real estate in London and New York, as well as converted equity in a Kentucky facilities management company, and are tied to 2012 and 2013 bond offerings from the sovereign wealth fund.

Alibaba rules out layoffs this year

The comments contradict Chinese media reports and market speculation about job cuts and a pull-back for China’s internet sector amid weakening domestic demand and an prolonged trade dispute with the United States.

Japan launches $113m fund to invest in Nordic, Baltic tech companies

Japan Bank for International Cooperation has partnered with Panasonic Corp, Honda Motor Co Ltd, Omron Corp and others to launch the fund.