Category Archives:
China to amend laws to allow ride-hailing drivers and food delivery workers to form unions
BEIJING (Reuters) - China plans to amend laws to allow ride-hailing drivers and food delivery workers to form unions, state media reported on Friday. China will review the amendment on the union law f...
Dec 17, 2021
China’s Alibaba sets $100 billion target for Southeast Asian e-commerce division
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba has set a target for gross merchandise volume of $100 billion in gross merchandise volume (GMV), the total sum of purchasing transactions, for its...
Dec 17, 2021
Boeing wants to build its next airplane in the ‘metaverse’
By Eric M. Johnson and Tim Hepher SEATTLE/PARIS (Reuters) - In Boeing Co's factory of the future, immersive 3-D engineering designs will be twinned with robots that speak to each other, while mechanic...
Dec 17, 2021
Mexican financial council warns of ‘prolonged’ economic weakness
MEXICO CITY (Reuters) - Mexico's economy faces the risk of "prolonged and more accentuated weakness" on softer consumer buying and investment, due in large part to the pandemic's economic drag amid a ...
Dec 17, 2021
Microsoft’s Bing suspends auto suggest function in China at government’s behest
BEIJING (Reuters) -Microsoft Corp's Bing, the only major foreign search engine available in China, said it has been required by a "relevant government agency" to suspend its auto suggest function in C...
Dec 16, 2021
China’s Tsinghua Unigroup dismisses chairman’s criticism, defends restructuring plan
SHANGHAI (Reuters) - The management of debt-laden Chinese chip conglomerate Tsinghua Unigroup, set for a state-backed takeover, late on Thursday said its estranged official chairman, also a major inve...
Dec 16, 2021
Japan core consumer inflation seen hitting 20-month high as price pass-through spread: Reuters poll
By Kantaro Komiya TOKYO (Reuters) - Japan's inflation likely rose in November at the fastest pace in 20 months as more companies started to transfer rising raw material costs fuelled by the weak yen t...
Dec 16, 2021
China auto sales to hit 27.5 million in 2022, up 5.4% – industry body
BEIJING (Reuters) - Automobile sales in China, the world's largest car market, will likely rise 5.4% to hit 27.5 million in 2022, the country's top auto industry body said. Of the total, sales of new ...
Dec 16, 2021
China allows Tencent to publish app updates again after suspension
SHANGHAI (Reuters) - Chinese regulators have given Tencent Holdings approval to publish updates to nine of its mobile apps including QQ Music and WeCom, media reported on Friday. Chinese media outlet ...
Dec 16, 2021
Beijing rule changes to revive China’s IPO prospects in 2022, bankers say
By Scott Murdoch and Julie Zhu HONG KONG (Reuters) - Greater China's flagging initial public offerings (IPOs) are set to get a fillip in 2022 from the expected unveiling of new rules by Beijing for Ch...
Dec 16, 2021
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