Jenia Cane | Jun 09, 2016 10:39 PM EDT
Premier Li Kequiang has committed to further enhance China's investment climate by establishing a fair, equal and transparent market for foreign business people. read more
Rina S. | Jun 10, 2016 02:00 AM EDT
Airbnb is planning to take steps to curb discriminatory practices by hosts on the home sharing website. read more
Girish Shetti | Jun 09, 2016 04:24 PM EDT
Chinese smartphone companies like Lenovo, Xiamo, Oppo and Huwaei have become a household name in the Indian smartphone market. They have given established homegrown companies like Micromax and global smart phone giant Samsung a run for their money. read more
Rina S. | Jun 09, 2016 03:20 PM EDT
Ride-sharing company Uber Technologies Inc. is reported to be in talks with Fiat Chrysler Automobiles NV for a potential collaboration on autonomous cars. According to the Wall Street Journal, the talks are still in the preliminary stage. Uber is also said to be holding talks with several other auto makers. read more
Girish Shetti | Jun 08, 2016 02:16 PM EDT
China's exports declined in May for the second straight month; imports also declined moderately as weak global demand continued to drag down the world's second largest economy. read more
Girish Shetti | Jun 08, 2016 05:12 PM EDT
Shanghai Fosun Pharmaceutical (Group) has emerged as a top bidder for Indian pharmaceutical company, Gland Pharma. read more
Rina S. | Jun 08, 2016 07:40 PM EDT
Amazon is upping its game in India further by investing $3 billion in the emerging economy. The company's CEO Jeff Bezos announced the new initiative, which will take the e-commerce giant's total investment in India to $5 billion. read more
Rina S. | Jun 08, 2016 02:55 PM EDT
Struggling web company Yahoo has put 3,000 of its patents up for an auction. The company expects to generate over $1 billion in proceeds from the sale. Yahoo has hired boutique investment bank Black Stone IP LLC for this purpose. The bank specializes in patent sales. read more
Christian George Acevedo | Jun 08, 2016 03:19 PM EDT
Jack Ma has bought the Chateau Perenne in Blaye Cotes de Bordeaux, a move that expands his wine estates in the region. read more
Christian George Acevedo | Jun 08, 2016 12:11 PM EDT
Nick and Christian Candy are two billionaire British property developers who can transform any property that comes into their hands into a prized real estate asset. read more
Rina S. | Jun 08, 2016 02:30 AM EDT
Chinese online search behemoth Baidu Inc. announced a joint venture with China Pacific Property Insurance, a subsidiary of China Pacific Insurance Group Co. earlier this week. read more
Rina S. | Jun 08, 2016 02:09 AM EDT
The European Union Chamber of Commerce, which represents more than 1,600 European companies operating in China, expressed its growing concern over the "hostile" business environment for foreign companies in the country. read more
Christian George Acevedo | Jun 07, 2016 09:22 AM EDT
In China, innovative online tutors are raking in big bucks. read more
Staff Reporter | Jun 07, 2016 05:38 PM EDT
Bitauto Holdings Ltd., an online content and marketing services outfit, raised $300 million in its latest funding round. Leading technology companies such as JD.com, Tencent and Baidu participated, with each contributing $50 million. read more
Christian George Acevedo | Jun 06, 2016 11:29 PM EDT
The Playboy Mansion owned by playboy publisher Hugh Hefner now has a buyer—and he’s willing to pay top price! read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more