06:46 AM EDT, 07/02/2024 (MT Newswires) -- Blackstone (BX) is close to a deal to sell Japanese supplement maker Alinamin Pharmaceutical to MBK Partners for 350 billion yen ($2.17 billion), Reuters reported Tuesday, citing a person with knowledge of the matter. Alinamin is a Japanese provider of over-the-counter medicines, with a unit in Taiwan. Blackstone, MBK Partners, and Alinamin did...

06:48 AM EDT, 07/02/2024 (MT Newswires) -- China's youth unemployment rate is ANZ Bank's preferred indicator of the health of the country's labor market, as the headline jobless rate underestimates unemployment. The bank's analysis suggests that youth unemployment is due to structural issues. Historical data from Japan and the United States suggests the labor market will recover very slowly even...

06:47 AM EDT, 07/02/2024 (MT Newswires) -- Four of Japan's top property and casualty insurers and other financial firms plan to sell around 500 billion yen ($3.1 billion) worth of shares in Honda Motor ( HMC ) , Reuters reported on Tuesday, citing three sources. Tokio Marine Holdings, Sompo Holdings, and two units of MS&AD Insurance Group are among those...

MILAN, July 2 (Reuters) - Italian payments group Nexi said it had signed a partnership with Amazon's ( AMZN ) local arm allowing clients of the e-commerce giant to shop on its Italian website paying with a local debit card service dubbed BANCOMAT Pay. Italy's ATM machine operator BANCOMAT, owned by more than 100 Italian banks, has been working to...