China urges independent business decision-making after Trump proposes 50% US ownership of TikTok
(Reuters) – China’s foreign ministry said on Monday companies should “decide independently” on matters of their operations and deals, responding to a question about U.S. President-elect Donald Trump proposing a 50% U.S. ownership in TikTok. This post appeared first on…
Take Five: We’ve been expecting you, Mr Trump
(Corrects paragraph 16 of Friday’s story to show Ukraine war is entering its fourth year) (Reuters) -Global investors are about to get a taste of what Donald Trump’s return to the White House might mean for markets, global trade and…
Australia’s Optus mulls selling sports streaming service to Nine, AFR reports
(Reuters) – Singapore Telecommunications-owned Optus, Australia’s No. 2 telecom carrier, is looking to sell its sports streaming platform Optus Sport to media house Nine Entertainment, the Australian Financial Review (AFR) reported on Monday. A potential deal would grant streaming rights…
South Korea’s Yoon shuns questioning as security tightened after court rampage
By Hyunsu Yim and Jack Kim SEOUL (Reuters) – South Korea’s impeached President Yoon Suk Yeol refused on Monday to be questioned by investigators under a probe into whether he committed insurrection, as dozens of his supporters faced arrest over…
China’s COMAC aims to lift C919 jet production capacity to 50 this year, report says
BEIJING/SEOUL (Reuters) – Chinese planemaker COMAC plans to raise production capacity for its homegrown C919 single-aisle planes to 50 this year, a COMAC executive told a media outlet supported by the Shanghai government. COMAC Deputy General Manager Shen Bo also…
Vivendi’s new ‘galaxy’ of companies needs more time to explain strategy, analysts and investors say
By Gianluca Lo Nostro, Florence Loeve and Paul Sandle GDANSK/PARIS/LONDON (Reuters) – Vivendi (OTC:VIVHY) management and bosses of some of its newly spun out companies – Canal+, Havas and Louis Hachette Group – need to lay out more clearly their…