Author: KMFSLLP

LONDON, Dec 7 (Reuters) - Bookmaker GVC Holdings has offered to buy Ladbrokes Coral for up to 3.9 billion pounds ($5.2 billion) to create a betting giant able to cope with the tougher rules being imposed by the British government.

SHANGHAI, Dec 7 (Reuters) - China stocks extended falls on Thursday, as investors booked profits from this year's strong rally in blue chips. ** At the close, the Shanghai Composite index was down 21.96 points or 0.67 percent at 3,272.01 points. ** The blue-chip CSI300 index was down 1.11 percent,...

LONDON, Dec 7 (Reuters) - Bookmaker GVC Holdings has offered to buy Ladbrokes Coral for around 3.9 billion pounds ($5.2 billion) to create an online global betting giant that brings together some of the biggest brands in the industry.

By Pamela Barbaglia, Francesca Landini and Matthias Inverardi

SINGAPORE, Dec 7 (Reuters) - Indonesia motorbike-hailing startup Go-Jek plans to set up operations in the Philippines in early 2018, with other Southeast Asian countries to follow later that year, the company's chief technology officer said on Thursday.

HONG KONG, Dec 7 (Reuters) - HSBC has a three-year head start on its foreign investment banking rivals in China because of the British bank's unique position of having management control of its securities venture there, chief executive Stuart Gulliver said on Thursday.

Dec 7 (Reuters) - Australia's ASX Ltd said on Thursday it would replace its registry, settlement and clearing system with blockchain technology to cut costs for customers.

Dec 7 (Reuters) - Australian shares snapped a three-day losing streak and ended higher on Thursday, with financial stocks leading the gains.

Holyrood proposals will put country out of kilter with rest of UK

NEW YORK, Dec 7 (Reuters) - Sometimes in life, the best teachers are not elder statesmen who have been around for decades. Sometimes we can learn the most from young entrepreneurs who are creating something new.

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