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Exclusive: Chinese battery firm halts purchases of cobalt from Glencore - sources

Chinese battery firm GEM has stopped buying cobalt from Glencore as the price of the battery material crashed below that agreed in a three-year deal between the two companies, sources close to the matter said......»»

Category: topSource: reutersDec 13th, 2018

Starbucks" China rival Luckin Coffee taps three banks for U.S. IPO: sources

Chinese startup Luckin Coffee, which has ambitions to overtake Starbucks at home this year, has tapped three banks including Credit Suisse to work on a U.S. IPO in 2019, said people with direct knowledge of the matter......»»

Category: topSource: reutersFeb 28th, 2019

: Watch out Uber and Just Eat, Delivery Hero has its sights on the lucrative German market

Delivery Hero on Wednesday announced plans to re-enter its home market of Germany next month, less than two years after it sold its operations in the country to Dutch rival Just Eat Takeaway......»»

Category: topSource: marketwatchMay 12th, 2021

UMC eyeing long-term contracts with major clients

Pure-play foundry United Microelectronics (UMC) is striving to get its major clients including Samsung Electronics, MediaTek and Qualcomm to enter into 3-year supply agreements, according to industry sources......»»

Category: topSource: digitimesApr 28th, 2021

Officials found an unaccompanied 4-year-old boy walking toward the US border, as Biden faces a surge in migrant children trying to enter

Mexico's National Migration Institute said the boy, from Hondur.....»»

Category: dealsSource: nytApr 1st, 2021

A New Rival To Tesla And Nio? This Lesser-Known Chinese EV Stock Has Surged 924% In A Year

Tesla Inc (NASDAQ: TSLA) and challengers Nio Inc (NYSE: NIO) and Xpeng Inc (NYSE: XPEV) have to contend with the emergence of a new pot read more.....»»

Category: blogSource: benzingaMar 18th, 2021

Emerging Boeing rival COMAC vows to deliver its first C919 jet by year"s end

The Chinese government said it would deliver the new jet amid reports that the country's three big airlines deferred deliveries on 111 Boeing and Airbus airplanes last year, but continued deliveries from its own jet maker......»»

Category: topSource: bizjournalsJan 26th, 2021

TikTok rival Kuaishou aims to raise $5.4 billion in what could be the biggest tech IPO since Uber

The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. Kuaishou competes with ByteDance's TikTok Reuters/Florence Lo/Illu.....»»

Category: topSource: businessinsiderJan 25th, 2021

Exclusive: Nissan shakes off virus woes in China sales with rebound in April - sources

Nissan Motor Co's vehicle sales in China this month almost recovered to the prior year's level after a coronavirus-related 45% plunge in March, two sources with knowledge of the Japanese automaker's preliminary data said......»»

Category: topSource: reutersApr 30th, 2020

Exclusive: India plans to fast track Chinese investments after policy change - sources

India plans to fast track the review of some investment proposals from neigbouring countries such as China following concerns new screening rules could hit plans of companies and investors, three sources told Reuters on Saturday......»»

Category: topSource: reutersApr 25th, 2020

Exclusive: Facebook agreed to censor posts after Vietnam slowed traffic - sources

Facebook's local servers in Vietnam were taken offline early this year, slowing local traffic to a crawl until it agreed to significantly increase the censorship of "anti-state" posts for local users, two sources at the company told Reuters on Tuesday......»»

Category: topSource: reutersApr 21st, 2020

China probes alleged fraud at Luckin Coffee, banks review IPO work

China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc and sources said some of the banks involved in the Chinese chain's successful U.S. IPO last year were reviewing their work in the listing......»»

Category: topSource: reutersApr 3rd, 2020

Exclusive: Germany ready to nationalise airline Condor - sources

The German government stands ready to take over Condor as a deal for the airline to be bought by Polish rival LOT is likely to collapse in the industry turmoil caused by the coronavirus crisis, several people familiar with the matter told Reuters......»»

Category: topSource: reutersApr 1st, 2020

Exclusive: France to allow some Huawei gear in its 5G network - sources

France will authorize the use of some of Huawei's equipment in the rollout of its 5G network, two sources close to the matter told Reuters, despite U.S. calls to exclude the Chinese telecoms giant from the West's next-generation communications......»»

Category: topSource: reutersMar 12th, 2020

Sources: Blackstone in talks to take developer SOHO China private in $4 billion deal

Blackstone Group Inc is in exclusive talks to take SOHO China Ltd private in a $4 billion deal, said two sources, in one of its biggest bets yet on the Chinese market and which sent the target's shares to a 21-month high......»»

Category: topSource: moneycentralMar 10th, 2020

Exclusive: Blackstone in talks to take developer SOHO China private in $4 billion deal - sources

U.S. private equity firm Blackstone Group Inc is in exclusive talks to take SOHO China Ltd private in a $4 billion deal, said two sources, in one of its biggest bets yet on the Chinese market......»»

Category: topSource: reutersMar 10th, 2020

Exclusive: U.S., Canada, European nations meet to discuss concern over Mexico energy policy

The United States, the European Union, Canada and six European nations have held joint talks on concerns over Mexico's energy policy, sources told Reuters, as President Andres Manuel Lopez Obrador pushes for a bigger role for the state in the sector......»»

Category: topSource: reutersMar 9th, 2020

Exclusive: Tencent-backed WeDoctor invites banks to lead $1 billion Hong Kong IPO, sources say

WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to $10 billion, two sources with direct knowledge of the matter said......»»

Category: topSource: reutersMar 6th, 2020

Exclusive: UBS CEO Ermotti poised to get Swiss Re chairman role - sources

UBS Group Chief Executive Sergio Ermotti is poised to become chairman of Swiss Re next year after leaving the helm of Switzerland's biggest bank, three people familiar with the matter told Reuters......»»

Category: topSource: reutersMar 2nd, 2020

Coronavirus fears prompt Chinese ride-hailing app DiDi to install protective sheets in vehicles and give masks to drivers

Simon Song Chinese rideshare company DiDi Chuxing is installing protective sheets in vehicles to protect against the spread of the novel coronavirus, COVID-19. The out.....»»

Category: topSource: businessinsiderFeb 19th, 2020