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China takes over companies linked to disappeared financier.
All nine are linked to Tomorrow Party, the conglomerate of investments owned by Xiao Jianhua. The firms are among more than 40 financial institutions listed as being part of Xiao ‘s network by New Fortune Magazine in a 2017 report. Chinese regulators will take charge…
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A US travel ban would bar China’s top billionaire entrepreneurs from America.
The Trump administration is reportedly considering a ban on all members of the Chinese Communist Party and their families from moving to the United States. That could have major implications for China ‘s wealthiest business leaders and entrepreneurs. The draft order — whose existence was…
O-I Glass Agrees to Divest Australia, New Zealand Business Unit.
O-I Glass has announced that it has entered into a definitive agreement to sell its Australia and New Zealand (ANZ) business unit to Visy Industries, one of the largest privately-held packaging and resource recovery companies in the world. Gross proceeds from the sale and associated sale-leaseback…
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The biggest names in US tech have invested about $17 billion in India since the start of 2020 Amazon (AMZN) promised $1bn in January, Facebook (FB) spent almost $6bn in late April, and Google (GOOGL) overtook them all last week with a $10bn investment. They…
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SMU links up with 8 firms to offer PMEs courses for career change.
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Boohoo calls for licensing scheme to ensure textile factories fit to trade.
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18 % GST on hand sanitiser: Manufacturers say being served pending tax notices
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Sanitisers soaps, not medicaments; will attract higher 18% GST.
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