September 6, 2018

Factbox: At JD.com, CEO Richard Liu has an iron grip and no clear successor

A rape accusation leveled against JD.com CEO and founder Richard Liu has highlighted the lack of a No. 2 lieutenant among senior management at the e-commerce […]
September 6, 2018

As next round of U.S. tariffs on China looms, both sides dig in

With U.S. President Donald Trump gearing up to impose tariffs on $200 billion in Chinese goods and Beijing certain to retaliate against any measures, the world’s […]
September 6, 2018

Facebook to invest $1 billion in first Asian data center in Singapore

Facebook said on Thursday it will invest more than $1 billion to build its first data center in Asia in Singapore, slated to open in 2022. […]
September 6, 2018

Novartis sells U.S. generics assets to India’s bargain-hunting Aurobindo

New Novartis Chief Executive Vas Narasimhan has further reshaped the Swiss drugmaker, announcing on Thursday he is selling U.S. dermatology and generic pill assets to India’s […]
September 6, 2018

Citigroup to overhaul its investment bank: Business Insider

Citigroup Inc is set to announce a restructuring of its investment banking operations and top executives are taking on new roles, Business Insider reported on Thursday, […]
September 6, 2018

Burberry ends bonfire of the luxuries, use of real fur in social shift

Britain’s Burberry will no longer burn millions of pounds worth of unsold luxury goods or use real fur in its collections following a furor over it […]
September 6, 2018

China warns of retaliation if U.S. slaps new tariffs

China will be forced to retaliate if the United States implements any new tariff measures, China’s commerce ministry warned on Thursday, as the world’s two biggest […]
September 6, 2018

NAFTA talks make progress; U.S., Canadian officials to work into night

The United States and Canada have made progress in talks to revise the North American Free Trade Agreement, and officials from the two sides will work […]
September 6, 2018

Starbucks’ Italian dream comes true, but it is not cheap

Starbucks, the world’s biggest coffee chain, will realize its chairman’s dream on Friday when it opens an upmarket roastery and cafe in Milan, but the test […]
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