Chinese Businessman Arrested in $1 Billion Fraud Conspiracy
Sort by
Date
Items per page
-
Anglo Rejects BHP's $39 Billion Bid
The London-listed mining giant said the bid “significantly undervalues” the company, setting the stage for a potential bidding war.The Wall Street Journal - Business -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - Business -
Thoma Bravo agrees to buy Darktrace for $5 billion
Private-equity firm Thomas Bravo agreed to buy U.K. cybersecurity company Darktrace for $5 billion, in what would end the company’s brief but rocky spell as a listed company.MarketWatch - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Tech -
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Tech -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Anglo Rejects BHP's $39 Billion Bid
The London-listed mining giant said the bid “significantly undervalues” the company, setting the stage for a potential bidding war.The Wall Street Journal - Business -
Dozens arrested at USC protests
Dozens of student protesters at the University of Southern California (USC) were arrested Wednesday night amid escalating tensions on college campuses throughout the country over the ongoing war in Gaza between Israel and Hamas. The demonstrators ...The Hill - Politics -
Bears request more than $2 billion in public money to fund $4.6 billion stadium project
The numbers for the Bears' proposed stadium project are astounding.Yahoo Sports - Sports -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
Chinese swimming row rumbles on as Ukad joins clamour for investigation
Ukad calls for transparency from Wada on positive testsBody has noted developments in the case ‘with concern’Pressure continues to grow on the World Anti-Doping Agency (Wada) after UK Anti-Doping (Ukad) became the latest body to call for an ...The Guardian - World - China -
Anti-doping body faces calls for review over Chinese swimmers
UK agency combating drugs in sport adds to pressure ahead of Paris Olympics over 2020 positive testsFinancial Times - Business -
FirstFT: BHP proposes all-stock takeover of Anglo American
Also in today’s newsletter, Meta’s shares tumble and Columbia’s ‘Gaza Solidarity Encampment’Financial Times - World -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Diamond market shows serious cracks from man-made stones
Miners are battling to whittle down the oversupply of gemsFinancial Times - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
How TikTok’s Chinese owner tightened its grip on the app
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownershipFinancial Times - Business - Tiktok -
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
Biosecure Act would prohibit American companies receiving federal grant money from working with some Chinese groupsFinancial Times - World -
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
A made-in-China electric vehicle will hit U.S. dealers this summer offering power and efficiency similar to the Tesla Model Y, the world’s best-selling EV, but for about $8,000 less.NBC News - Top stories -
Veteran taikonaut, 2 rookies launched to Chinese space station
The Shenzhou 18 crew will replace three taikonauts aboard the Chinese space station who are wrapping up a six-month stay.CBS News - Top stories -
A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.The New York Times - Business -
A Chinese Firm Is America’s Favorite Drone Maker. Except in Washington.
U.S. authorities consider DJI a security threat. Congress is weighing legislation to ban it, prompting a lobbying campaign from the company, which dominates the commercial and consumer drone markets.The New York Times - Top stories -
Chinese automakers redefine the car as a living space at Beijing Auto Show
The seemingly never-ending efforts of China’s electric car makers to redefine the automobile are on display at the nation’s largest annual auto showABC News - Tech -
How TikTok’s Chinese owner tightened its grip on the app
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownershipFinancial Times - World - Tiktok -
Veteran taikonaut, 2 rookies launched to Chinese space station
The Shenzhou 18 crew will replace three taikonauts aboard the Chinese space station who are wrapping up a six-month stay.CBS News - World -
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth
Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.CNBC - Business -
Accused Chinese spy previously sought job at Germany's intel agency
Yahoo News - World -
U.S. citizens are languishing in Chinese prisons with little hope of release
As Secretary of State Antony Blinken visited China this week, the most important issue for hundreds of families in the U.S. was when their loved ones imprisoned in the country are coming home.NBC News - Top stories -
U.S. citizens are languishing in Chinese prisons with little hope of release
As Secretary of State Antony Blinken visited China this week, the most important issue for hundreds of families in the U.S. was when their loved ones imprisoned in the country are coming home.NBC News - Politics -
Suddenly, Chinese Spies Seem to Be Popping Up All Over Europe
A flurry of arrests this week reflect the continent’s newly toughened response to Beijing’s espionage activities and political meddling.The New York Times - World -
Suddenly, Chinese Spies Seem to Be Popping Up All Over Europe
A flurry of arrests this week reflect the continent’s newly toughened response to Beijing’s espionage activities and political meddling.The New York Times - Top stories -
Poison in the pool: why the latest Chinese doping row is proving so toxic
Vocal swimmers are the tip of a wave as the sport grapples with trust issues over anti-doping in the run-up to Paris 2024. It has been a week since the New York Times and the German TV channel ARD broke the news that 23 Chinese swimmers had tested ...The Guardian - World -
Tornado Kills 5 in Guangzhou, a Chinese City Battered by Recent Rains
Videos shared by Chinese official media showed transmission towers and power lines igniting and debris swirling in the air in the city, a manufacturing and technology hub by the Pearl River.The New York Times - World