Date
25 June 2019

BUSINESS

  • Both Uber and Lyft are well below their IPO prices, with their slide stoking concerns that the tech stock boom is coming to an end. But the fact is there have been quite a few star...
  • Hong Kong’s extradition bill protests that made headlines around the world in the past two weeks were driven in large part by social media campaigns, with thousands taking to the internet to exhort fellow citizens to...
  • From time to time, billionaire investor Warren Buffett shares his views on the US economy. When there’s a major crisis lying ahead, Buffett often can sniff out the problem and send a warning in advance to...
  • Facebook dismissed calls for a break-up of the social network giant and other big internet firms on Monday, saying this would not tackle issues such as privacy, attempts to influence elections or harmful content, Reuters reports....
  • China and the United States should both make compromises and offer concessions in trade talks, Chinese Vice Commerce Minister Wang Shouwen said on Monday, Reuters reports. Speaking at a news briefing on this week’s G20 summit...
  • Huawei’s US research arm, Futurewei Technologies, has been distancing its operations from that of its Chinese corporate parent since the Trump administration put Huawei on a trade blacklist in May, Reuters reports, citing people familiar with...
  • US consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25 percent tariffs on Chinese goods, technology industry executives warned on Monday, Reuters reports. Sage Chandler, vice president of...
  • US President Donald Trump has given currency to the term “fake news”, a jab on the media that has now become widely known to people around the world. But the phrase is nothing new, nor is...
  • Inner Mongolia Yili Industrial Group, China’s largest dairy firm, has openly accused rival China Mengniu Dairy of buying its way into the marketing campaign for the 2022 Winter Olympics in Beijing. Mengniu was criticized for paying...
  • French supermarket retailer Carrefour is selling an 80 percent stake in its China operations to Suning.com in a deal worth about US$700 million. The deal values Carrefour China at 1.4 billion euros (US$1.59 billion), including debt,...

WORLD

  • Hong Kong’s extradition bill protests that made headlines around the world in the past two weeks were driven in large part by social media campaigns, with thousands taking to the internet to exhort fellow citizens to...
  • American multinationals may like the idea of forcing China to alter the policies and practices – from subsidies for state-owned enterprises to the requirement that foreign firms share proprietary technology in exchange for access to the...
  • China and the United States should both make compromises and offer concessions in trade talks, Chinese Vice Commerce Minister Wang Shouwen said on Monday, Reuters reports. Speaking at a news briefing on this week’s G20 summit...
  • US President Donald Trump targeted Iranian Supreme Leader Ayatollah Ali Khamenei and other top Iranian officials with sanctions on Monday, stepping up pressure after Tehran’s downing of an unmanned American drone, Reuters reports. Trump signed an...
  • US President Donald Trump has given currency to the term “fake news”, a jab on the media that has now become widely known to people around the world. But the phrase is nothing new, nor is...

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