A key insight for China Inc about what the policies towards China of the next President of the United States could look like was available during the Democratic and Republican National Conventions. China Inc has been caught in the rocky… Read More ›
Strategy
London Startup MelodyVR Acquires Napster In A Surprise $70m Deal
In a deal that surprised the market, a British music tech startup has acquired one of the pioneers of the music streaming industry Napster. Rhapsody International, which operates as Napster and is owned by Nasdaq-listed RealNetworks, will be taken over… Read More ›
SoftBank To Sell $14 Billion Of Its Asset Again In Its Drive To Prop Up Cash Reserves
In its efforts to protect itself from possible future waves of the coronavirus pandemic, billions more in cash by selling assets is being raised by one of the biggest tech investors of tee world – SoftBank. It is now set… Read More ›
IMF Says Covid-19 Could Result In A Lost Decade For Poorest Countries
The International Monetary Fund has warned that a decade of development will be lost for the poorest countries of the world because of the novel coronavirus pandemic unless there is concerted and urgent help provided to those countries. There is… Read More ›
Air Travel Within China To ‘Fully Recover’ Next Month, Predicts A Travel Data Firm
A global travel data firm has said by the start of next month, flights within China should fully recover. Since the novel coronavirus pandemic resulted in the grounding of the majority of planes in China February, there has been a… Read More ›
U.S. blacklists 24 Chinese companies and individuals linked to Chinese adventurism in South China Sea
In a significant development, Washington has blacklisted 24 Chinese companies and targeted individuals which helped China’s ruling Communist Party militarize the disputed regions in the South China Sea, in what is the first such step over the strategic waterway. In… Read More ›
ANZ names Paul O’Sullivan as next chairman
In a statement the Australia and New Zealand Banking Group Ltd said, Paul O’Sullivan, the current chairman of Optus, will succeed its current Chairman David Gonski, who is set to retire in October 2020. Gonski, who has been ANZ’s chairman… Read More ›
UK Being Bullied By China, Says The US, Citing HSBC’s Handling Of Hong Kong-Related Accounts
A renewed criticism of British Bank HSBC was initiated by the United States Secretary of State Mike Pompeo on Wednesday with a statement by talking about the reported behavior and conduct of the bank towards its pro-democracy customers in Hong… Read More ›
Dual Listing Planned By Ant Financial Targeting $225 Bn Valuation
According to reports, a dual initial public offering (IPO) – one in Hong Kong and the other in Shanghai, is being planned by billionaire Jack Ma’s Ant Group within the next few weeks, according to reports. The company is aiming… Read More ›
Honda agrees to pay $85M to settle probe over potentially defective Takata airbag inflators
According to a consent order, Honda Motor Co has agreed to a settlement of $85 million following an investigation by most U.S. states into its use of defective Takata airbag inflators in its vehicles. The investigation by most U.S. states… Read More ›
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