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Bankrupt airline Virgin Australia to be sold to Bain Capital
U.S. private equity giant Bain Capital has agreed to buy bankrupt airline Virgin Australia, administrator Deloitte revealed on Friday.
Fiat-Chrysler sees Italy car sales down by more than a third this year
The company expects Italian car sales to fall by at least 35 percent this year compared to 2019 levels in the wake of the coronavirus crisis.
China's YTO Express reports revenue growth in May
YTO Express Group, a leading express delivery firm in China, saw an increase in its courier business revenue in May.
Courier giant SF Holding reports big revenue growth
China's express delivery giant SF Holding reported notable revenue growth in its core business in May.
AMC Theaters announces plan to reopen in phases next month
AMC Theaters, the largest U.S. movie theater chain owned by Chinese conglomerate Wanda Group, will reopen in phases next month.
Hong Kong Disneyland reopens after five-month closure over COVID-19
The Hong Kong Disneyland reopened on Thursday after being temporarily closed for nearly five months due to the COVID-19 pandemic.
JD.com seeks billions in HK listing for tech innovation
JD.com saw its share price leap 5.7 percent on its Hong Kong debut Thursday, after raising 29.77 billion HK dollars in a secondary public offering.
Turkey's wealth fund agrees to acquire shares of Turkcell
The Turkey Wealth Fund announced on Thursday that it has agreed to acquire 26.2 percent of the shares of Turkcell, Turkey's leading GSM operator.
JD.com starts trading in Hong Kong
Shares of the e-commerce giant opened at 239 Hong Kong dollars in the morning, over five percent higher than its offering price.
PLDT raises 600 mln U.S. dollars in fully-online investment roadshow
Philippine telecommunication giant PLDT, Inc. on Wednesday said that it has raised 600 million U.S. dollars in a fully-online investment roadshow.
INVISTA breaks ground on chemical plant in Shanghai
INVISTA held a ceremony for the start of construction on its 400,000-tonne per year adiponitrile (ADN) plant at the Shanghai Chemical Industry Park.
U.S. gym chain 24 Hour Fitness receives bankruptcy court approval
24 Hour Fitness has received court approval of 250 million U.S. dollars in financing one day after its filing for relief in the U.S. Bankruptcy Court.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
