04:03 AM EST, 03/07/2025 (MT Newswires) -- Baidu ( BIDU ) on Friday proposed to offer up to $2 billion in exchangeable bonds due 2032 outside the US. The bonds will reference ordinary shares of Trip.com ( TCOM ) that are listed on the Hong Kong stock exchange. The bonds are not exchangeable for Trip.com's ( TCOM ) American depository...

March 7 (Reuters) - British American Tobacco ( BTI ) said on Friday its plan to settle a long-running tobacco lawsuit in Canada was approved by a court in the country. The settlement does not affect its outlook for 2025, the company said. ...

BENGALURU, March 5 (Reuters) - The Indian industrial conglomerate Larsen & Toubro said it is betting on aerospace as a potential growth engine, including launch vehicle and satellite manufacturing, as the country cuts reliance on imports and boosts private participation. L&T, considered a bellwether for India's infrastructure spending because of how many industries its work touches, is the country's largest...

ROME (Reuters) - Italy's co-ruling League party is pushing Rome to pick U.S. company Starlink over French-led operator Eutelsat in talks to obtain systems for secure satellite communications, saying Starlink's technology is more advanced. Prime Minister Giorgia Meloni's government aims to guarantee encrypted communications between the government, diplomats and defence officials operating in risky areas. Reuters reported this week that...