Advisory council’s report comes as Berlin decides to block Aixtron takeover
2016-11-02
German fashion group posts better than expected results with help of China boost
2016-11-02
It is absurd to think that Europe’s historic nation-states are an answer to the globalized realities of the twenty-first century. The most important global decisions in this century will not be made democratically in Europe or individually in European capitals, but unilaterally in China or elsewhere.
2016-11-02
Two trawlers seized in latest Asian incident of illegal fishing in foreign waters
2016-11-02
As the U.S. government examines Chinese investors' inroads in Hollywood, it appears that the American and Chinese film industries are inching toward greater cooperation. Sony Pictures Entertainment announced today that the studio is launching a China Writers Initiative, in which Sony Pictures will select four writers at a time for a two-week stay in Los […]
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2016-11-02
Another day, another venture round for a Chinese co-working space start-up. This is how hot – and potentially how dangerous – China's shared work space sector is for investors. Prometheus Capital and IDG Capital Partners announced today that they had invested a combined RMB200 million (US$30 million) in Kr Space, a co-working space spinoff from […]
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2016-11-02
Yum China Holdings, Inc., backed by private equity firm Primavera Capital Group and Ant Financial Services Group, has completed its separation from parent Yum Brands and a U.S. trading debut at an opening price of US$24.51 apiece. The stock gained 8.04% during the first day to close at US$26.19 on the New York Stock Exchange. […]
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2016-11-02
Shanghai-based Chinese electric vehicle maker NextEV said one of its co-founders and co-president Dr. Martin Leach has passed away after fighting an illness, the company announced without providing more details. Leach was an automobile veteran, having previously worked as CEO of Maserati, president of Ford Europe, corporate vice resident and managing drector of Mazda before […]
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2016-11-02
Beijing-based short-term vacation home sharing platform Xiaozhu.com has completed a series C+ and D round, raising a total of US$65 million from private equity firm Capital Today, Joy Capital, Bertelsmann Asia Investments (BAI) and others. Capital Today led its series C+ round, while Joy Capital and BAI led the series D round, with participation from […]
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2016-11-02
The Catalyst CEL Fund has led a US$25 million round in Israeli technology company SatixFy Ltd., a provider of satellite and quasi-satellite communication technology. By designing its own silicon chips, SatixFy's technology radically reduces the cost, size, weight and power consumption of user-terminals, and cost of air-time for satellite communications. SatixFy targets multiple markets such […]
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