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LVMH CEO overtakes Bill Gates as world's second richest man
French billionaire Bernard Arnault, the CEO of luxury goods maker LVMH, has overtaken Bill Gates as the world's second richest person.
COFCO gets largest sustainability-linked loan for commodity trader
The 2.1-billion-U.S. dollar credit COFCO International has just signed for is the biggest sustainability-linked loan for a commodity trader.
China heavy equipment maker Sany expects profit surge in H1
Sany expected its net profit attributable to its shareholders to reach at least 6.5 billion yuan in the January-June period.
Netflix reports loss of paid subscribers in Q2 financial results
Netflix Inc. said Wednesday it missed its target to increase paid memberships by 5 million in the second quarter of 2019 as previously forecast.
Aussie property giant Lendlease signs 14 bln USD deal with Google
Australian property giant Lendlease has signed a 14-billion-U.S. dollar deal with Google to develop much-needed housing in the San Francisco Bay Area.
Chinese game-streaming platform DouYu International debuts on Nasdaq
Chinese video-game live-streaming platform DouYu International Holdings Limited rang the Nasdaq Stock Market opening bell on Wednesday in IPO.
China's top liquor brand reports strong growth in H1
China's top alcohol brand Kweichow Moutai saw its sales revenue jump by 18.24 percent year on year in the first half of this year.
Ikea to move its only U.S. factory to Europe: report
Swedish furniture company Ikea will close its only manufacturing site in the United States in December and move it to Europe to reduce costs.
China encourages central SOEs to list on new sci-tech board
Centrally-administered state-owned enterprises (SOEs) are encouraged to list on the new science and technology innovation board to boost vitality.
China's EV startup denies laying off 90 employees in Silicon Valley
China's electric vehicle (EV) startup Seres, formerly known as SF Motors, on Tuesday denied it has fired 90 employees at its Silicon Valley office.
Performance of listed firms reveals China's improving economic structure
The first-half forecast reports of China's listed companies have shed light on the country's economic restructuring and industrial upgrading.
Vale signs agreement to pay for losses in dam collapse case
The company agreed to pay 700,000 reals (186,666 U.S. dollars) to each of the parents, children and spouses of the victims.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
Is There a Big Short in Bitcoin?
China’s Risky Move To Boost Domestic Oil Production
