Chinese AI firm Megvii Technology's plans for a US$500 million listing in Hong Kong have been dealt a setback, with regulators in the city asking the company - which has been blacklisted by the U.S. government - for more information, three sources said.
Sanofi's executive vice president in charge of strategy and business development, Muzammil Mansuri, a member of the French drugmaker's executive committee, will leave the firm by the end of the month, according to a memo seen by Reuters.
BEIJING: China on Friday (Nov 22) revised up its nominal 2018 gross domestic product (GDP) by 2.1 per cent to 91.93 trillion yuan (US$13.08 trillion), keeping it on track to achieving its goal of doubling the size of its economy by 2020 from 2010. However, with the economy growing at...
Christine Lagarde on Friday (Nov 22) urged European countries to "innovate and invest" more to support growth at a time of global uncertainty, in her first major policy speech as president of the European Central Bank.
Global private equity group KKR & Co has raised US$1.5 billion for its first Asia-focused infrastructure fund, roughly half the total targeted, one person with direct knowledge said. KKR began to target Asia's infrastructure sector with a series of hires beginning about a year ago and launched ...
South African Airways (SAA) signed a deal on Friday with a union not involved in a strike that has crippled the heavily indebted carrier, giving its members a 5.9per cent pay rise backdated to April.
SINGAPORE: Talk of an initial trade agreement between the United States and China could cushion slowing global economic growth, but both countries have some way to go before agreeing on a new model of cooperation, Deputy Prime Minister Heng Swee Keat said. "The latest talk of a 'phase one' limited...
Italy's Mediaset and France's Vivendi failed to reach an out-of-court agreement to end years of legal disputes ahead of a court hearing scheduled on Friday, two sources close to the matter said.
Auto sales at Ford Motor Co's China venture with Chongqing-based carmaker Changan are likely to turn positive next year, Changan’s president said on Friday.
China wants to work out an initial trade agreement with the United States and has been trying to avoid a trade war, but it is not afraid to retaliate when necessary, President Xi Jinping said on Friday.
