Another top Silicon Valley investor is splitting off its China business as pressure mounts
GGV Capital, a prominent Silicon Valley venture capital firm, has become the latest big investor to break up its US and China operations into separate companies as tensions between the two countries over tech and geopolitics continue to rise.
2023-09-22 16:59
Truckmaker Volvo Picks New Chairman Amid Spin-Off Talk
Volvo Group, one of the world’s largest truckmakers, has proposed that Par Boman be appointed its new chairman
2023-09-22 16:52
Microsoft's revamped $69 billion deal for Activision gets closer to UK approval
British competition regulators has signaled that Microsoft’s restructured $69 billion deal to buy video game maker Activision Blizzard is likely to receive antitrust approval
2023-09-22 16:51
Alibaba’s Cainiao Plans to Raise At Least $1 Billion in Hong Kong IPO Soon
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its
2023-09-22 16:27
Japan Credit Appetite Skews Toward Shorter Maturities on BOJ Rate Uncertainty
The Bank of Japan’s decision to stick with its ultra-easy monetary policy points to increasing appetite for shorter-tenor
2023-09-22 16:16
Quotes: BOJ Governor Ueda's comments at news conference
The Bank of Japan maintained ultra-low interest rates on Friday and a pledge to keep supporting the economy
2023-09-22 15:55
US Considers Twin Defense Treaties to Achieve Israel-Saudi Arabia Normalization
The White House is considering formal defense treaties with Saudi Arabia and Israel as part of its plan
2023-09-22 15:52
Spanish GDP grew by faster than expected 0.5% in second quarter
MADRID (Reuters) -Spain's gross domestic product grew 0.5% in the second quarter, its National Statistics Institute (INE) said on Friday,
2023-09-22 15:51
France's services sector contracts sharply in September - flash PMI
PARIS France's dominant services sector contracted at an even sharper pace in September, a monthly survey showed on
2023-09-22 15:29
UK Retail Sales Rebound as Shoppers Returning From Wet July
UK retail sales rebounded in August as the return of more settled weather brought consumers back into the
2023-09-22 15:28
China relaxes capital controls to entice badly needed foreign investment
China is allowing foreigners in Shanghai and Beijing to move their money freely into and out of the country, in a significant move toward relaxing its strict capital controls as it tries to woo overseas investors.
2023-09-22 15:20
Markets mostly rise as traders try to look past expected rate hikes
Most stock markets rose Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest rate hikes by central...
2023-09-22 15:19