Goldman moves to take majority control of China joint venture
Goldman Sachs has applied for majority control of its Chinese joint venture, the bank confirmed on Wednesday, the latest international bank to do so ahead...
Citigroup, BNP caught up in U.S. case against Huawei CFO: documents
U.S.-based Citigroup and French bank BNP Paribas are caught up in the U.S. criminal case against the chief financial officer of China’s Huawei Technologies, according...
Exclusive: Philips, under investigation in U.S. and Brazil, fired whistleblower who warned of graft
Healthcare giant Philips was warned of suspicious sales of its medical equipment to the Brazilian government, and failed to halt them, nearly a decade before...
Japan, U.S. ministers meet for trade talks as hopes for early deal fade
Japan and the United States will seek to narrow gaps on trade when their top negotiators meet this week, but hopes for a deal in...
Alibaba postpones up to $15 billion Hong Kong listing amid protests: sources
China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the...
Uber-rival Bolt enters European food delivery business
Estonia’s Bolt, a popular ride-sharing service in Eastern Europe and Africa, on Wednesday launched food delivery service in its home town of Tallinn, the nation’s...
Exclusive: Alibaba postpones up to $15 billion Hong Kong listing amid protests – sources
China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the...
Dropping global bond yields, recession fears put BOJ in a bind
Downward-spiraling bond yields and other potential signs of global recession have strung a tightrope for the Bank of Japan: it must keep pumping money aggressively...
Trump White House seeks to assuage farmer unrest over biofuel policy: sources
President Donald Trump’s administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow...
‘You prepare for war’: how one U.S. firm tried escaping Trump’s China tariffs
When Larry Sloven heard last year that U.S. tariffs threatened his China electronics business, he knew that setting up shop elsewhere would be a slog...