Shein in talks with banks and exchanges about US IPOGoldman Sachs, Morgan Stanley and JPMorgan Chase are among the banks helping Shein with its IPO preparation, according to six of the source...
Wall Street rallies on back of big tech, banksThe Dow Jones Industrial Average rose 618.34 points, or 1.98%, to 31,880.24, the S&P 500 gained 72.39 points, or 1.86%, to 3,973.75 and the...
Global investors flee China fearing that risks eclipse rewardsPresident Xi Jinping’s friendship with Russian leader Vladimir Putin has made investors more distrustful of China, while a strongman narrat...
Beijing seeks to benefit from Russia-Ukraine conflictIn the backdrop of the China – Russia Joint Statement being signed in Beijing on February 04, 2022, the prevalent expectation in Beijing po...
NSA Ajit Doval calls for strengthening cooperation in Indian Ocean regionDoval called for strengthening cooperation amongst maritime neighbours to address shared security challenges, and as first responders, the ...
China's Didi reverses course, will remain in RussiaOn Monday, Didi said it was leaving Russia on March 4, about a year and a half after launching services there. It has been in Kazakhstan fo...
Asian markets opens higher, but China tech worries weigh on Hong KongMSCI's broadest index of Asia-Pacific shares outside Japan was up 0.05%. In Hong Kong, the Hang Seng Index was down 0.7% while China's CSI3...
Trinamool Congress, Left and Congress depend on outsiders : Amit ShahAm I an outsider? Am I not a citizen of the country? Didi terms the country's prime minister as an outsider," Shah told a poll rally at thi...
Uber weighs purchase of BMW-Daimler ride-hailing ventureUber has been looking to shed minority holdings in several ride-hailing operations recently, including portions of its stakes in China’s Di...
Uber CEO Dara Khosrowshahi's Asia trip underscores its persistent global ambitionsAmid heavy operating losses, Uber has retreated from some markets, including China and Russia. It’s also said to be considering a sale of i...
Tencent invests $400 million in Ola for 9.57% stakeSingapore-based Copper Technology Pte Ltd will take a 9.57% stake in Ola, according to filings with the Registrar of Companies on Friday.
Tencent finalises its $400-million investment in Ola, values startup at over $3.8 billionChinese internet conglomerate Tencent’s investment is part of an ongoing round of financing since November in which it has managed to mop u...
Uber's incoming CEO must fix culture: Nikesh AroraArora left SoftBank after Son, who had called him a likely successor, decided to remain at the helm of the company he founded.
Tencent in talks to invest $400 million in OlaThe Bengaluru company has raised nearly $400 mn since November last year as it seeks to fortify its position as the first mover in the Indi...
Uber in the crosshairs as SoftBank helps rivals raise $9 billionThe money will help Grab, which already dominates the region, defend its turf against Uber in one of the San Francisco company's most impor...
After China, Uber exits Russia but books a ride with Yandex TaxiThe Russia deal is Uber's second retreat from a major market after exiting China last year, losing over $2 billion in its battle with Chine...
Rajnath Singh should rethink his assessment of IS: VHPRajnath Singh should rethink on his assessment that Islamic State has failed in India, VHP said today in the light of the violence at Malda...