Russia isn’t just trying to sell its new airliner abroad. It might build it there, too.
State-owned military-industrial giant Rostec, which is responsible for exporting Russian technology, said Sunday that it has started talks to jointly produce a commercial plane overseas — potentially in the United Arab Emirates.
The short statement, which coincided with the start....More>>>
In a prior article, we discussed the rationale for significantly discounting a possible acquisition of GNC (NYSE: GNC) by a suitor from China. However, significantly discounting a possibility does not mean eliminating it entirely, and even if the majority of the China acquisition argument is a mirage, there remains water in the proverbial desert oasisalbeit in this case a rather shallow puddle.
ESPN presidentJohn Skipperwas hiding a substance abuse problem for many years. On Monday, he stopped hiding.
Skipper’s resignation, which took effect immediately, stunned the sports and media worlds. ESPN hosts and staffers wished him well and privately wondered who will take over the TV sports empire.
Disney CEO Bob Iger has given himself 90 days to figure that out. Tuesday....More>>>
Chinese developers may have had a stellar 2017 compared with recent years but bond investors are increasingly concerned their windfall won’t be enough to withstand the tighter funding conditions this year that could lead to cash crunches.
Last year saw a broad based improvement in finances for China’s property sector, helped by fast-rising property prices. Profit margins rose....More>>>
Bank Indonesia is taking a firm stance against cryptocurrencies as it urges all parties to refrain from owning, selling or trading the tokens.
“Owning virtual currencies is very risky and inherently speculative,” the central bank said in a statement Saturday. The digital tokens “are prone to forming asset bubbles and tend to be used as method for money laundering and....More>>>
IMAX China (OTC:IMXCF) (OTC:IXCNY) [HKG:1970], the market leader in theater screening technology in China and the exclusive licensee of the IMAX brand in the country, is currently trading at a discount of more than 30% to its IPO price in 2015, while its forward P/E multiple is at the lower end of where listed peers are trading. The stock’s valuation should experience....More>>>
To blockchain developers and cryptocurrency watchers, the entire system has a mind of its own and is one step ahead of the market, at least two steps ahead of regulators. It’s lack of physical roots make it nearly impossible to control. China tried. (Shutterstock)
(The original version of this story, published on Oct. 19, said Red Pulse was based in Shanghai and raised $30 million in....More>>>
A pile of rusty pipes and materials are all that remain of Lanzhou New Area’s tram project. Only a year ago it was a flagship public-private partnership for the planned city in Central China, before it fell victim to President Xi Jinping’s debt clampdown.
"The project is dead," said a guard at the office, who gave only his surname, Le. Nearby, the tram tracks are paved....More>>>
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Officials at the Delaware Department of Insurance say they’re still reviewing efforts by China Oceanwide Holdings Group Co. Ltd. to acquire Genworth Financial Inc.
China Oceanwide has been trying to acquire Genworth since October. Once....More>>>
From the saddle of a Harley-Davidson motorcycle, you not only get a view of the open road buta glimpse into a manufacturing world where parts of the American-made bikes could be from Asia, Europe or South America.
Harley, the worlds largest manufacturer of heavyweight motorcycles, doesnt disclose where most of the parts are sourced, but industry sources say the company gets them from the....More>>>