Crown Resorts Ltd. rejected a takeover offer from Blackstone Group Inc., saying the bid was too low and there was uncertainty about the timing of any deal.
Oil edged higher at the open after a third weekly increase as a demand recovery in key regions raised optimism about rising fuel consumption, despite a Covid-19 flare-up in parts of Asia.
JD Logistics Inc., the delivery arm of e-commerce giant JD.com Inc., is seeking to raise as much as HK$26.4 billion ($3.4 billion) in its Hong Kong initial public offering, seizing on China’s online shopping boom sparked by the coronavirus pandemic.
Stocks are set to start the weak firmer in Asia, as easing commodity prices and slightly softer U.S. data allay investor concerns about excessive inflation.
Any mandates in the U.S. to require people to be vaccinated against Covid-19 will be set at the local level by companies and institutions such as colleges, the head of the Centers for Disease Control and Prevention said. The U.S.’s rolling one-week average of new virus cases fell to the lowest level since June.
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