Huawei plans to spend more than US$300 million a year in research funding for universities, a senior company executive said on Tuesday, even as the Chinese firm fights a U.S. trade ban from that has hurt its business and academia tie-ups.
Models of superheroes and villains from Marvel's "Avengers" movies helped lift first-half sales at Lego, as the Danish toymaker continued its turnaround drive with investments in China, India, the internet and new stores.
Whether a no-confidence motion is passed, polls are called or Britain retracts its notification of an intention to leave the European Union, a no-deal Brexit scenario is now the most likely one, says Philippe Legrain.
BEIJING: Spanish apparel giant Zara, seeking to avoid becoming embroiled in controversy over protests in Hong Kong, issued a statement on Chinese social media late on Monday (Sep 2) expressing support for China's sovereignty over the Asian financial hub. Zara made its statement after the Hong Kong ...
Chinese smartphone maker Xiaomi Corp announced a HKUS$12 billion (US$1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is aimed at boosting its floundering stock.
China's biggest steelmaking city of Tangshan will carry out output restrictions on industrial firms for September and early October, to further strengthen improvement of its air quality, state media reported on Tuesday.
LONDON: British finance minister Sajid Javid told representatives of the country's financial services industry on Monday (Sep 2)that the sector was a top priority for him as the country prepares to leave the European Union, a person familiar with the discussions said. Sajid said he was committed ...
PARIS: Beleaguered Chinese telecom giant Huawei on Tuesday (Sep 3) denied accusations reported in the Wall Street Journal (WSJ) that it stole technology from a Portuguese inventor, accusing him of "taking advantage of the current geopolitical situation." The US Department of Justice is looking ...
SEOUL: South Korea's year-on-year inflation in August dipped to an all-time low as farm product prices plunged on improved weather and consumer demand remained weak, strengthening the case for another central bank rate cut as early as next month. The consumer price index was unchanged in August ...
Chinese smartphone maker Xiaomi Corp said on Tuesday it will buy back up to HKUS$12 billion (US$1.53 billion) worth of stock in its biggest equity repurchase, sending its shares up nearly 7per cent.
