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CHINESE FIRMS BIDDING
Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...- China firm secures Kenya Airport revamp deal after Adani falloutKenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with I...
- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
- TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
- China's DJI says its drones not a risk, urges US to lift ban on new modelsDJI, the world's largest dronemaker, filed a lawsuit in February challenging a U.S. Federal Communications Commission decision in Decembe...
- China's new supply chain curbs threaten India's electronics hub ambitions, industry seeks reliefNew Chinese regulations are impacting India's goal to become a global electronics manufacturing center. These curbs aim to control supply c...
- Dollar firms as oil climbs, bond rout saps risk appetiteThe dollar strengthened globally on Monday, fueled by rising oil prices due to Middle East tensions and a bond market selloff that dampened...
- From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...
- US stocks today: S&P 500, Nasdaq end lower as inflation, Iran tensions weighUS stocks closed lower as hotter-than-expected inflation and escalating US-Iran tensions weighed on sentiment. The S&P 500 and Nasdaq retre...
- Waaree Energies eyes solar cell unit in the USWaaree Energies is planning significant expansion in the US. The company may build a solar cell manufacturing facility there. This follows ...
- What's at stake at the Trump-Xi summitPresident Donald Trump will meet President Xi Jinping in Beijing next week. The leaders aim to ease tensions over trade, Taiwan, and the Ir...
- Quote of the Day by Sanae Takaichi: 'If someone says it's impossible because I'm a woman, then…'—Inspiring quotes by the first female Prime Minister of JapanQuote of the Day: Sanae Takaichi's journey in Japanese politics, marked by persistence against traditional barriers, culminates in her hist...
- Govt eases FDI norms under FEMA for up to 10% Chinese stakeIndia has eased foreign investment rules. Overseas firms with up to ten percent Chinese ownership can now invest in India without prior gov...
- Why US stock market surging big today on final day of April? Dow Jones, S&P 500 and Nasdaq all in green as Dow jumps record 500 points — Nvidia, Intel and Meta Platforms stocks crashUS stock market surging big today. Dow Jones, S&P 500 and Nasdaq rally as Dow jumps record 500 points. A powerful mix of blowout earnings, ...
- WeRide, Lenovo team up to scale 200,000 robotaxis by 2031Chinese tech firms WeRide and Lenovo are set to deploy 200,000 autonomous vehicles worldwide in the next five years. This ambitious collabo...
- Bain Capital to sell stake in Bridge Data Centres at $5 billion valuationBain Capital is reportedly seeking to offload at least 40% of Bridge Data Centres, valuing the Singapore-based firm at $5 billion. This mov...
- BHEL shares rally 5% after hitting lower circuit on China concerns. Should you buy, sell or hold?BHEL shares rebounded after a sharp selloff triggered by concerns that India may ease restrictions on Chinese firms bidding for government ...
- Finance Ministry plans to scrap curbs on Chinese firms bidding for government contracts, sources sayIndia's finance ministry is set to remove restrictions on Chinese firms bidding for government contracts. These curbs were imposed in 2020 ...
- Chinese firms to bid for India infra projects: China"In the past three years, Chinese enterprises have completed India infrastructural projects with a total value of USD 10 billion...," Wang ...
- Chinese firm bids to build Essar's steel plant in VietnamChina Metallurgical Group Corporation (MCC) has emerged as one of the bidders for building Essar Steel's two million ton steel plant in Vie...
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