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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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2 mins read

Delhivery becomes India’s first unicorn in 2019, thanks to SoftBank

Last week, the company and its investors made headlines after SoftBank received the approval fro…

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1 min read

After Alibaba, China’s Baidu and Fosun are showing interest in Indian start ups

China’s drastic slip in economy recently has landed Chinese companies in a whirlpool of doubts and …

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Taiwan's president said China interfered in and delayed its COVID-19 vaccine deal with Pfizer-BioNTech

Taiwan's President Tsai Ing-wen said in a tweet on Wednesday that Taiwan will "oppose attempts to e…

Cheryl Teh   


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The 'Warren Buffett of China' could lose $1.5 billion in Thomas Cook's bankruptcy

Thomas Cook is far from Fosun's only stake in Western companies as 52-year-old Guangchang seeks to …

Graham Rapier   


Nidhi Pandurangi   


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Steadview Capital invests in SoftBank-backed logistics unicorn Delhivery – founder eyes an IPO in the next 15 months

Indian logistics unicorn Delhivery has raised investment from Steadview Capital. The global investm…

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China's Warren Buffett called one of country's fastest growing industries 'basically a scam'

Guo's comments follow a crackdown by Chinese authorities on P2P lending, after discovering 1,778 "p…

Ben Moshinsky   


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China's Warren Buffett is doing a deal with Thomas Cook

"We are delighted to work with Thomas Cook, the world's best known name in travel, to develop a lea…

Lianna Brinded   


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1 min read

REPORT: 'China's Warren Buffett' is missing

It's not yet clear what any of this is about but Guangchang was named in a Chinese corruption case …

Oscar Williams-Grut   


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Liberty Mutual is buying an insurance company from a Chinese giant for about $3 billion

"We are pleased to have Ironshore and its proven management team led by CEO Kevin H. Kelley join Li…

Portia Crowe   


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10 things in tech you need to know today

Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Busi…

Mary Hanbury   


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Chinese agents abducted one of the country's richest men from a Hong Kong hotel

The FT said Xiao normally keeps an entourage of female bodyguards but was led away without a s…

Ben Moshinsky   


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DOW HITS ALL-TIME HIGH: Here's what you need to know

Amazon's new grocery store highlights a huge hole in Donald Trump's promise on jobsDeutsche Bank's …

Akin Oyedele   


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BigBasket likely to raise $150 million and valuation may double up. Here’s how it plans to use it

The online grocer will use the funding for expanding its warehousing and cold chain facilities.

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GNC could be sold to a Chinese buyer - and the stock is taking off

The buyers could be looking to cash in as Chinese consumers become more conscious of their health a…

Akin Oyedele   


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The list of missing Chinese financial executives keeps getting longer

A series of high-profile executives have gone missing in recent months, in the wake of China's stoc…

Ben Moshinsky   


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The list of missing Chinese financial executives keeps getting longer

Beijing-based independent magazine Caijing reported on Sunday that Xiaobing was "lost" and uncontac…

Ben Moshinsky   


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A new China worry is taking over Wall Street

The story also touches on HNA's investment in Nicklaus Club, a Monterey, California-based golf club…

Linette Lopez   


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What you need to know on Wall Street today

Carson Block said a company's 'financial statements are literally meaningless' ? and the stock tank…

Matt Turner