LONDON (Reuters) – United States Secretary of State Mike Pompeo said Tuesday that the United States wants to build a global coalition to counter China as it accused Beijing of exploiting the coronavirus pandemic to further its own interests. United States President Donald Trump identifies China as the United States’ …
Read More »Reliance-Google smartphone deal in India threatens Chinese companies
NEW DELHI (Reuters) – A $ 4.5 billion settlement under which Alphabet’s (GOOGL.O) Google will collaborate with Reliance Industries of India (RELI.NS) On a new smartphone it probably heralds a major shake-up for the world’s second-largest mobile market, industry executives and analysts say. FILE PHOTO: The Reliance Industries logo is …
Read More »Alibaba’s Ant Group fires a starter pistol on a double list in Hong Kong, Shanghai
HONG KONG (Reuters) – Ant Group, the fintech arm of Chinese e-commerce giant Alibaba Group Holding (BABA.N), said the process of a dual listing in Hong Kong and the Nasdaq-style Shanghai Star Market has begun, kicking off one of the world’s most anticipated IPOs. FILE PHOTO: The logo of Ant …
Read More »UK asks Japan for alternatives to Huawei on 5G networks – Nikkei
FILE PHOTO: A smartphone with the Huawei network logo and 5G is seen on a PC motherboard in this illustrated image taken on January 29, 2020. REUTERS / Dado Ruvic / Illustration / File Photo TOKYO (Reuters) – The British government asked Japan to help build its 5G wireless networks …
Read More »Chinese chipmaker SMIC to raise $ 6.55 billion in Shanghai share sale
BEIJING (Reuters) – China’s Semiconductor Manufacturing International Corp (SMIC) (0981.HK) Will Raise 46.29 Billion Yuan ($ 6.55 Billion) In A Shanghai Stock Sale, More Than Double Its Initial Target, Pricing Its Offering After An Increase In Its Hong Kong Listed Stocks . The company, which had originally tried to raise …
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