May 8 (Reuters) - Australia's Perpetual said it signed a scheme implementation deed with an affiliate of global investment firm KKR & Co ( KKR ) for the sale of its corporate trust and wealth management businesses for A$2.18 billion ($1.44 billion). Board has determined that becoming a pure-play global Asset Management business through a demerger, combined with the separation...

WASHINGTON, May 7 (Reuters) - U.S. House and Senate negotiators agreed late Tuesday to revise language in an aviation reform bill to ensure quick refunds for airline passengers whose flights are canceled and who are not seeking alternative flights. On April 24, the U.S. Transportation Department finalized new rules that later this year will require automatic cash refunds for canceled...

BEIJING, May 8 (Reuters) - Tesla has proposed to launch robotaxis in China, newspaper China Daily reported on Wednesday, citing sources. According to the report, China may support Tesla's domestic testing and demonstration of robotaxis but has not approved the full implementation of Full Self-Driving (FSD) software in China. FSD is the most autonomous version of Autopilot software and was...

SAO PAULO, May 7 (Reuters) - Brazilian food retailer GPA said on Tuesday its first-quarter net loss for continuing operations widened by nearly 28% from a year-ago period, weighed down by tax effects and an impairment related to a real estate sale. The company reported a net loss for continuing operations of 407 million reais ($80.2 million) in the quarter....