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3 mins read

No rethinking on supporting Chinese investments in India: Goyal

"There is no rethinking at present to support Chinese investments in the country," the minist…

PTI   


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Chinese companies are setting up shop anywhere but China — and the US

Chinese companies now favor greenfield deals over mergers and acquisitions amid geopolitical tensio…

Huileng Tan   


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1 min read

China's cement sector faces headwinds, while India sees steady growth: Fitch Ratings

Fitch Ratings' insights reveal a challenging outlook for Chinese cement demand in 2024, driven by o…

ANI   


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ONGC, Oil India in talks for 50% stake in $3.4 bn Kenya oilfield

ONGC Videsh has partnered with Oil India to acquire a 50% share in Tullow Oil's oilfield project in…

PTI   


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Gland Pharma announces acquisition of Europe’s Cenexi Group for €120 mn, shares fall 4.37%

Gland Pharma Limited, a generic injectable focused contract development and manufacturing compa…

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Razorpay forays into loyalty and rewards segment with PoshVine acquisition

Payment services provider Razorpay announced the acquisition of PoshVine, a loyalty and rewards man…

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2 mins read

India amends FDI policy to prevent ‘opportunistic acquisitions’ of Indian companies⁠ by the Chinese

The revised policy states that the countries that share land borders with India can only invest …

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DOJ accuses TikTok owner of being a 'mouthpiece' of Chinese Communist Party

The Justice Department claimed that the CEO of TikTok's parent company is "committed to promoting" …

Inyoung Choi   


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Warren Buffett's Berkshire Hathaway quietly made a $8.2 billion acquisition that taps into the electric-vehicle boom

Berkshire bought Pilot, a truck-stop chain that has partnered with General Motors and Volvo to deve…

Theron Mohamed   


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TikTok CEO Kevin Mayer resigned as the Trump administration is pushing to ban the Chinese-owned app

Mayer joined TikTok in May as CEO and served as COO of its parent company ByteDance. He was formerl…

Lauren Frias   


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TikTok's Chinese owner contradicted 2 of Trump's key boasts about its deal with Walmart and Oracle

Trump said the newly formed TikTok Global will have "nothing to do with China" and pay $5 billion t…

Isobel Asher Hamilton   


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1 min read

Elon Musk puts $44 billion Twitter deal on hold over fake accounts

Elon Musk has announced that his $44 billion acquisition of social media giant has been put on hold…

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2 mins read

Tyler Sonnemaker   


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Unacademy buys RheoTV, whose founders will now lead hiring test platform Relevel

Unacademy announced the acquisition of game streaming platform Rheo TV

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5 mins read

China now has the world's 3rd-largest aviation force. Here are the combat jets it's using to catch up with the West.

China's air force and navy now field roughly 2,250 dedicated combat aircraft, and it's "rapidly cat…

Benjamin Brimelow   


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Hong Kong's stock exchange has a record number of pending IPOs despite China's crackdown, says new CEO

The IPO pipeline is "significant and healthy," said the CEO of Hong Kong Exchanges & Clearing.

Carla Mozée   


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China's Tencent is buying the video game developer behind Hitman 2, Team Sonic Racing, and LittleBigPlanet 3 for $1.3 billion

Tencent's acquisition spree in the video games sector continues. It's struck a deal to buy Britain'…

Kate Duffy   


Kate Duffy   


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2 mins read

'Big Short' investor Michael Burry trolls Elon Musk by backing a SpaceX rival

Burry didn't just bet against Tesla stock last quarter, he also invested in a SPAC that's buying Ro…

Theron Mohamed   


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TikTok owner ByteDance is reportedly eyeing a $60 billion valuation for TikTok Global

Bloomberg reported Oracle and Walmart will take 12.5% and 7.5% positions in TikTok Global and pay a…

Saloni Sardana