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India

Meg Shen

China's Beijing Kunlun to revisit Grindr IPO

30 Jul 2019

HONG KONG/NEW YORK Chinese gaming company Beijing Kunlun Tech Co Ltd said on Monday it would revive plans for an initial public offering (IPO) of popular gay dating app Grindr Inc, after a U.S. national security panel dropped its opposition to the plan.

China considers U.S. rare earth export curbs: Global Times editor

28 May 2019

HONG KONG/BEIJING Beijing is "seriously considering" restricting exports to the United States of rare earths, 17 chemical elements used in high-tech consumer electronics and military equipment, the editor in chief of China's Global Times said on Tuesday.

Hong Kong's NWS Holdings to buy FTLife Insurance for $2.8 billion

28 Dec 2018

HONG KONG Hong Kong's NWS Holdings Ltd has agreed to buy FTLife Insurance Co Ltd for HK$21.5 billion ($2.8 billion) from Chinese financial holding firm JD Group, in the biggest-ever insurance acquisition deal in the Asian financial hub.

China's BAIC plans $4.5 billion backdoor listing for electric car unit

23 Jan 2018

HONG KONG/SHANGHAI China's state-backed Beijing Automotive Group (BAIC) will take its electric vehicle unit public by injecting it into another listed subsidiary, boosting its financial muscle as the battle for the country's hotly contested green car market heats up.

Great Wall says watching Fiat Chrysler; no talks yet

22 Aug 2017

HONG KONG/SHANGHAI Chinese automaker Great Wall Motor Co Ltd reiterated its interest in Fiat Chrysler Automobiles NV on Tuesday, but said it had not held talks or signed a deal with executives at the Italian-American automaker.

China's Alibaba buys into supermarket chain Sanjiang Shopping

19 Nov 2016

HONG KONG China's e-commerce giant Alibaba Group Holding Ltd plans to invest 2.1 billion yuan ($305 million) in supermarket chain Sanjiang Shopping Club Co Ltd to further expand its retail presence.

China, U.S. high-level cyber crime talks to begin Tuesday

01 Dec 2015

WASHINGTON/HONG KONG Top U.S. and Chinese officials will convene this week in Washington for the first round of cyber security talks following the signing of a bilateral anti-hacking accord in September.

China, U.S. high-level cyber crime talks to begin Tuesday

01 Dec 2015

WASHINGTON/HONG KONG Top U.S. and Chinese officials will convene this week in Washington for the first round of cyber security talks following the signing of a bilateral anti-hacking accord in September.

China's Jin Jiang to acquire Groupe Du Louvre for up to 1.2 bln euros

15 Jan 2015

Jan 14 Shanghai Jin Jiang International Hotels Development Co Ltd has agreed to acquire Europe's Groupe Du Louvre for up to 1.21 billion euros ($1.13-$1.43 billion) from U.S. investment firm Starwood Capital Group, as Chinese hoteliers expand their global footprint.

Prada quarterly profit drops, says outlook uncertain

05 Dec 2014

HONG KONG, Dec 5 Italian luxury goods maker Prada SpA posted a 43.8 percent drop in third-quarter profit and said it faced increased competition amid an uncertain economic outlook.

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