iQiyi, China’s equivalent to Netflix, will be listed on the Nasdaq on Thursday under the symbol IQ. Unlike its U.S. peer, the video streaming platform has a low subscriber base and generates additional revenues from syndication, online marketing and gaming…. Read More ›
Under new laws Britain’s Treasury Committee can order the siezure of assets if their owner(s) are unable to explain the source(s) of their funds; providing misleading statements could result in fines or up to two years in the cooler. Following… Read More ›
Mark Begor, 59, is set to join Equifax on April 16, this year. His appointment at the help of the consumer credit rating agency comes at a time when the firm faces significant headwinds stemming from what is slated to… Read More ›
Although Saudi Arabia is one of the world’s sunniest countries, its solar power footprint is minuscule. This project, to a big extent, diversifies it economy, greenifies and balances its power generation industry which traditionally has been largely oil-fired power. As… Read More ›
As part of the court settlement, Uber will have to, in regular intervals, report its demographic data of its workforce, as well as develop a validated promotion assessment process. Uber technologies Inc has agreed to settle a class-action lawsuit, brought… Read More ›
Faced with two fronts, the China’s steel industry perhaps could be persuaded to adequately alter its production and trading policy. The imposition of EU tariffs on Chinese steel could complicate matters if not significantly alter the face of the industry…. Read More ›
With China’s trade surplus with the United States at $375 billion, it clearly has much to lose. The Trump Administration has demanded that China cut this surplus by at least $100 billion. As per a source familiar with the discussions… Read More ›
Following a breakdown of communication between the Deutsche’s CEO and its chairman, Germany’s largest bank is looking ti replace its CEO. Their disagreement comes in the wake of China’s HNA becoming its largest shareholder. Wanting to improve its lagging performance… Read More ›
The deal may have been aimed at avoiding a takeover from its rival PPG Industries. On Tuesday, Akzo Nobel disclosed that it will be selling its Specialty Chemicals business to U.S. private equity firm Carlyle Group and Singapore’s GIC for… Read More ›
The differences in trade between the United States and South Korea have been settled through a agreement on trade. A new version of the trade agreement that had existed between the countries over the last six years was developed and… Read More ›
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