"The joint venture will focus on partnership in the digital rights of short videos," a ByteDance spokeswoman said in response to Reuters inquiries about the deal.
French carmaker Renault has offered the chairman of Volkswagen's SEAT brand, Luca de Meo, the job of chief executive, Spanish newspaper La Vanguardia reported on Saturday, citing anonymous sources.
China plans to set a lower economic growth target of around 6per cent in 2020 from this year's 6-6.5per cent, relying on increased state infrastructure spending to ward off a sharper slowdown, policy sources said.
Chinese fintech company Ant Financial Services and U.S. asset management firm The Vanguard Group have established a joint venture to provide retail investment advisory services in China, the companies said in a statement on Saturday.
U.S. President Donald Trump's limited trade deal with China removes a major hurdle for Apple and other technology stocks that have already surged this year to record highs.
US officials announced a truce in the trade war with China with much fanfare, but economists and trade experts call it largely a victory for Beijing.
The chair of a U.S. congressional panel wrote to Alphabet's Google and to Apple on Friday to ask what if any disclosures mobile apps are required to make regarding overseas ties, a concern that follows reports of Chinese investment in popular apps such as TikTok and Grindr.
The U.S. auto safety agency said on Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut last week.
Canadian financial regulator the Ontario Securities Commission said on Friday it has dismissed a request by Catalyst for a cease trade order relating to proposed take-private deal of Hudson's Bay .
SINGAPORE: Singapore is working with other countries to explore viable interim solutions that “preserve or replicate” the functions of the now-halted appeals court at the World Trade Organisation (WTO), said the Ministry of Trade and Industry (MTI) on Friday (Dec 13). The Appellate Body – the ...
