Broadcom to Cut Almost 1,300 VMware Jobs in California After Takeover
Broadcom Inc. plans to fire almost 1,300 VMware Inc. employees in California following the completion of a $61
2023-12-01 07:21
LetterOne Tycoon German Khan Loses Challenge to EU Sanctions
German Khan, co-founder of investment firm LetterOne, lost a court challenge against European Union sanctions over his alleged
2023-11-29 21:50
China’s Property Lifeline Exposes Banks to Big Losses, Job Cuts
China’s escalating push to have its banking behemoths backstop struggling property firms is adding to a maelstrom of
2023-11-28 08:56
Netherlands Backs Chinese-Owned Nexperia’s Takeover of Nowi
Chinese-owned Nexperia BV’s acquisition of chip firm Nowi Energy BV won approval from the Dutch government, which has
2023-11-27 23:24
Record Fosun Asset Sales Can’t Halt Stock Drop to Decade Low
Even after a record stretch of asset sales that total at least $6.6 billion in just two years,
2023-11-22 15:47
Broadcom $61 Billion VMWare Deal Wins Chinese Ok With Conditions
Broadcom Inc.’s $61 billion takeover of software maker VMware Inc. won approval from Chinese regulators, albeit with a
2023-11-21 23:45
A New Front Is Opening Up in the US-China Conflict Over Chips
President Joe Biden has adopted a two-pronged approach to constrain China’s high-tech progress, curbing Beijing’s access to leading-edge
2023-11-21 09:23
Chinese-Owned MMG Snaps Up Botswana Copper Mine for $1.9 Billion
A unit of state-owned China Minmetals Corp. bought a copper mine in Botswana for about $1.9 billion, ending
2023-11-21 08:59
Huawei Launches Two More China EVs After Aito's Instant Success
Stroll into a Huawei Technologies Co. store in Shanghai or Shenzhen, and apart from the usual array of
2023-11-13 20:57
Ping An Sold Country Garden Stake, Has No Plans for Takeover
Ping An Insurance (Group) Co. doesn’t hold any shares in Country Garden Holdings Co. and has no plans
2023-11-08 20:59
Five SMBC Debt Capital Markets Bankers Leave Hong Kong Office
SMBC Nikko Securities Inc.’s head of capital markets APAC ex-Japan and four of the firm’s other bankers have
2023-11-02 15:59
Moutai Shares Jump After First Price Increase in Six Years
Kweichow Moutai Co. will increase prices for its signature drinks for the first time in six years as
2023-11-01 10:26