FILE PHOTO: The Oracle logo is displayed in an office building in Irvine, California, USA June 28, 2018. REUTERS / Mike Blake (Reuters) – Oracle Corp. has held preliminary talks with TikTok’s Chinese owner, ByteDance, and has seriously considered buying the app’s operations in the United States, Canada, Australia and …
Read More »China must protect against handball in shadow: regulator
BEIJING (Reuters) – China must protect against all handball in off-balance sheet loans in the so-called shadow banking sector, and must have non-executive assets available as soon as possible, the head of the country’s banking and insurance regulator said on Sunday. In recent years, China has struggled on the shadow …
Read More »German watchdog launches Amazon investigation – report
BERLIN (Reuters) – Germany’s anti-trust authority has launched an investigation into Amazon’s relationship with third-party retailers selling on its site, its head was quoted as saying on Sunday. PHILO PHOTO: The Amazon logo is seen at the Business Logistics Center in Lauwin-Planque, Northern France, April 22, 2020. REUTERS / Pascal …
Read More »A faltering US-China trade is now the nations’ strongest link
WASHINGTON / BEIJING (Reuters) – Top US and Chinese trade officials are expected to re-enter into a Phase 1 trade agreement during a review on Saturday, despite promising purchases from US exports of FS far according to schedule. PHILO PHOTO: US and Chinese flags are seen before Secretary of Defense …
Read More »Chinese companies flood into US IPOs despite writing off threat
HONG KONG (Reuters) – The US government is threatening to remove Chinese companies that do not meet US accounting standards, but mainland companies are rushing to offer their shares on New York exchanges, sometimes in blockbuster deals. FILE PHOTO: The 11 Wall St. door of the New York Stock Exchange …
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