JD.com, SF, Carlyle among bidders for CJ Group’s $1 billion China logistics business: sources

[ad_1] HONG KONG (Reuters) – Chinese online retailer JD.com, delivery company SF Group and Carlyle are bidding for South Korean conglomerate CJ Group’s China logistics business in a deal that…

REFILE-FEATURE-Scared by global warming? In Iceland, one solution is petrifying

[ad_1] By Alister Doyle, Thomson Reuters Foundation (Adjusts dateline) OSLO, Feb 4 (Thomson Reuters Foundation) – On a barren hillside in southwest Iceland, workers are installing huge fans to suck…

Daily Briefing: Georgia on markets’ minds

[ad_1] December PMIs offered us a glimpse of recovery — with U.S. factory activity ending 2020 at a six-year high while the German reading was the highest in almost two…

LG shakes up loss-making phone business, to outsource lower-end models

[ad_1] FILE PHOTO: A man walks past an LG logo at the Mobile World Congress in Barcelona, Spain, February 27, 2018. REUTERS/Sergio Perez SEOUL (Reuters) – LG Electronics said on…

Pompeo warns Italy over China’s economic influence

[ad_1] ROME, Sept 30 (Reuters) – U.S. Secretary of State Mike Pompeo said on Wednesday he was concerned about China’s plans to extend its economic influence in Italy and warned…

UPDATE 1-China issues draft rules to regulate online micro-lending business

[ad_1] (Writes through with details, backgrounds) BEIJING, Nov 3 (Reuters) – China’s central bank and regulators issued draft rules on Monday to boost the oversight of online micro-lending as it…

Goldman Sachs shifts to full ownership of China securities joint venture

[ad_1] HONG KONG (Reuters) – Goldman Sachs Group Inc has signed a pact to buy out its China joint venture partner to make it the most advanced foreign bank to…

Pompeo says U.S. designates six more Chinese media firms as foreign missions

[ad_1] By Humeyra Pamuk, David Brunnstrom WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo announced on Wednesday the State Department was designating the U.S. operations of six more China-based…

Economic uncertainty, profit-taking weigh on China shares; HK slumps on lockdown

[ad_1] * SSEC -1.1%, CSI300 -1.2%, HSI -1.7% * China premier warns of ‘hard battle’ still ahead on economy * Hong Kong to tighten social distancing measures after jump in…

Tech ETF outflows send a wake-up call after sizzling rally

[ad_1] By Saikat Chatterjee, Thyagaraju Adinarayan LONDON (Reuters) – Passive investors, the backbone of the Nasdaq’s rally this year, seem to have lost their nerve, pulling massive amounts of cash…