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Struggling Pizza Hut restaurant chain will be sold for $2.7 billionPizza Hut is set to be sold for $2.7 billion by its parent company Yum Brands. Private equity firm LongRange Capital will acquire the chain...- Struggling Pizza Hut restaurant chain will be sold for $2.7 billionPizza Hut is on the brink of transformation as Yum Brands agrees to sell the struggling chain for a hefty $2.7 billion. The deal paves the ...
- Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPOChinese social media platform Xiaohongshu is preparing for a potential Hong Kong initial public offering. Banks including Goldman Sachs and...
- Indian pharma leaving generics era behind, but the Street hasn't caught up yet: Nandan KulkarniIndian pharma is shifting from generics to innovation. This transformation, extending to 2035, is creating significant new opportunities. C...
- China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
- Global Markets: Chinese government bonds gain global appeal as investors seek diversification amid market volatilityChinese government bonds are attracting growing interest from global investors as rising geopolitical tensions, particularly the Iran confl...
- US connected-car rule prompts Ford, other automakers to seek licenses for China-built modelsAutomakers like Ford are seeking U.S. government authorization to continue selling vehicles with Chinese-linked software, facing a ban set ...
- China access concerns could have triggered US restrictions on Anthropic's Mythos: ReportAmerica has restricted access to Anthropic's advanced AI model, Mythos. This action stems from worries that a group linked to China might h...
- 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...
- Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
- ByteDance in talks with China's Iluvatar CoreX to purchase AI chipsByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology...
- China opposes US move to list top firms as military companiesChina strongly objects to the United States placing prominent Chinese companies on a military firm list. Beijing states this action disrega...
- China 'strongly dissatisfied' with Pentagon move against top Chinese tech firmsChina is deeply unhappy with the United States placing several major Chinese firms on a Pentagon list. This move impacts top technology and...
- SpaceX playbook set to fuel China's IPO ambitions but tech gap persistsIn China, the initial public offering was watched as a benchmark for a younger industry eager to go public. But the frenzy masks a fundamen...
- Pak's first Hangor-class submarine arrives at Karachi PortPakistan's Navy has received its first Hangor-class submarine from China. This marks a significant step in the Navy's modernization efforts...
- Nvidia hires veteran lobbyist Bruce Andrews to head government affairsAndrews' move to the world's largest company comes as Nvidia attempts to ensure its continued influence in Washington and as its ties to ...
- China company secures Kenya airport deal after Adani falloutThe East African nation awarded China Communications Construction Co. an engineering, procurement and construction contract to update and e...
- China warns EU on new sanctions over Ukraine warChina has issued a stern warning to the European Union. Beijing opposes proposed EU sanctions targeting Chinese companies. These measures a...
- Chinese companies rush to dismantle 'red-chip' structures: ReportRed-chip firms are registered abroad, mainly in tax havens, but hold assets and businesses in China via equity ownership. Red-chip firms a...
- Alibaba, BYD, Baidu are helping China military - Pentagon makes shocking claimsUS-China relations: Pentagon's update on Monday comes months after it briefly released -- then withdrew -- an earlier version of the list w...
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