Business & Finance News
German retailer Metro AG previously had contact with potential buyers for its struggling Real hypermarkets so it is optimistic its decision to put them for sale will be met with interest, chief executive Olaf Koch said on Friday.
Chinese smartphone maker Xiaomi Inc said on Friday it will rejig its businesses and create new leadership positions aimed at building a second tier to CEO Lei Jun, amid increased scrutiny of governance and successions at Chinese tech firms.
Hyundai Motor Group appointed heir apparent Euisun Chung as chief vice chairman on Friday, moving him a step closer to succeeding his father as head of South Korea’s second largest conglomerate.
Oil on Friday clawed back some of its losses from the previous session, when prices fell the most in a month, as concerns about oil supply are countering worries that emerging market crises and trade disputes could dent demand.
Hyundai Motor Group appointed heir apparent Euisun Chung as chief vice chairman on Friday, moving him a step closer to succeeding his father as head of South Korea’s second largest conglomerate.
Hyundai Motor Group appointed heir apparent Euisun Chung as chief vice chairman on Friday, moving him a step closer to succeeding his father as head of South Korea’s second largest conglomerate.
The United States on Thursday imposed sanctions on a China-based tech firm, its North Korean CEO and a Russian subsidiary, accusing them of moving illicit funding to North Korea in violation of U.S. sanctions.
South Korea’s Hyundai Motor Group said on Friday that it has appointed Chung Eui-sun, vice chairman of Hyundai Motor Co , to chief vice chairman of the group.
The current world trade system is not perfect and China supports reforms to it, including to the World Trade Organization, to make it fairer and more effective, Beijing’s top diplomat said.
Amazon.com Inc Chief Executive Jeff Bezos said on Thursday the company would announce a decision on where it will build a second headquarters before the end of the year, and also said that President Donald Trump is wrong to “attack the media.”
Oil on Friday clawed back some of its losses from the previous session when prices fell the most in a month, although worries that emerging market crises and trade disputes could dent demand continued to drag.
Amazon.com Inc chief executive Jeff Bezos said on Thursday that the company would announce a decision on where it would build a second headquarters before the end of the year.
Asian shares nudged higher on Friday as moves by the United States and China to resolve a bitter trade dispute and a sharp interest rate hike in crisis-hit Turkey supported global risk appetite.
A bipartisan group of 16 U.S. lawmakers asked Alphabet Inc’s Google on Thursday if it would comply with China’s internet censorship and surveillance policies should it re-enter the Chinese search engine market.
China will not buckle to U.S. demands in any trade negotiations, the major state-run China Daily newspaper said in an editorial on Friday, after Chinese officials welcomed an invitation from Washington for a new round of talks.
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