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Uber said to weigh sale of minority stakes in self-driving car unit

Uber will retain operational control and majority ownership of the unit, but external partners could share the cost of developing and eventually commercializing self-driving technology.


Sri Lanka to sell hotel stakes, reopen bidding for national carrier

Talks with TPG Capital, the sole bidder in a previous push to sell Srilankan Airlines, collapsed last year during due diligence.


China’s Tianqi gets Chilean court nod to buy stake in lithium firm SQM

Chile’s antitrust regulator launched an investigation in June, shortly after Tianqi said it would buy 24 percent of SQM for $4.1 billion.


Russian SWF plans more investments with Alibaba after JV

Last week, Alibaba joined forces with RDIF and two technology firms in Russia to access their client base of over 100 million.


Coca-Cola buys Australia’s kombucha maker Mojo

The world’s largest drinks company has been increasingly diversifying its portfolio to include healthier options such as sparkling waters as consumers move away from sugary sodas.


Indian ride hailing platform Ola forays into New Zealand in latest overseas push

Ola, backed by Japan’s SoftBank Group, first expanded its international operations with a foray into Australia and the UK earlier this year.


Qatar’s Hassad Food to merge Australian farm portfolio with Macquarie Group

The investments will be incorporated into the Macquarie Infrastructure and Real Assets (MIRA) agricultural portfolio


Japan’s ailing electronics maker Pioneer snags $540m from HK’s Baring PE

Pioneer, which produces audio systems and speakers, is facing a repayment deadline for bank loans this month.


New Zealand bourse NZX partners with Nasdaq to explore dual listings

The cooperation agreement between both covers dual listings, depository receipts and other areas.


Canada’s Nevsun agrees for $1.41b takeover by China’s Zijin Mining

The move comes after Nevsun rejecting multiple bids from rival Lundin Mining Corp.