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Markets

Elderly 2.0: China looks to tap digital ‘silver dollar’

Li Changming just purchased a new Huawei smartphone and the 70-year-old retiree is still a bit puzzled by a high-tech device that China policymakers hope will help unlock spending by millions of older Chinese.

Markets

LG Electronics, Magna to set up US$1 billion JV to make electric car gear

South Korea-based LG Electronics Inc said on Wednesday it has agreed to set up a US$1 billion joint venture (JV) with automotive supplier Magna International Inc.

Markets

Unilever expands deal with Burger King to launch meat-free Whopper in China, Latin America

Unilever Plc said on Wednesday it had expanded its partnership with Burger King to supply its plant-based meat patties for Whopper burgers at restaurants in Latin America, the Caribbean and China.

Markets

Oil falls on surprise build in US crude stocks, Trump threat to US relief spending

Oil fell in early trade on Wednesday after industry data showed U.S. crude oil stocks rose last week, defying expectations for a decline, and U.S. President Donald Trump rattled markets by threatening not to sign a long-awaited COVID-19 relief bill.

Markets

Some NYSE operations to return to remote working

Some of the New York Stock Exchange's operations will temporarily return to remote working from Monday amid the ongoing coronavirus outbreak.

Markets

Unilever expands deal with Burger King to launch meat-free Whopper in Latin America, China

Unilever Plc said on Wednesday it had expanded its partnership with Burger King to supply its plant-based meat patties for Whopper burgers at restaurants in Latin America, the Caribbean and China.

Markets

Elon Musk says had once reached out to Apple for acquiring Tesla

Silicon Valley billionaire Elon Musk said on Tuesday he reached out to Apple Inc's Tim Cook "during the darkest days of the Model 3 program" to discuss the possibility of Apple acquiring Tesla Inc for "1/10th of our current value."

Markets

Asian shares set for mixed open on resurgent virus worries

Asian shares were set for choppy trade on Wednesday as the investor focus swung between concerns about a new faster-spreading variant of the coronavirus and hopes that more U.S. fiscal aid would propel an economic recovery.

Markets

US Homeland Security Dept to issue China data security warning to businesses -Axios

The U.S. Department of Homeland Security will issue an advisory to American businesses, warning them of data security risks associated with using communications equipment and services from China-linked companies, Axios reported on Tuesday https://bit.ly/3mIiljp.

Markets

China’s electric vehicle start-ups race for leading position

The future of the automobile industry is likely to be electric. And if that’s the case, then China looks sets to be a big part of the picture. Money Mind reports.

Markets

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