China Extends Industrial Power Cuts as Drought, Heatwave Threaten Wider Disruptions August 22, 2022 By Bloomberg News Sichuan’s worst drought in more than a half century spurred the Chinese province to extend industrial power cuts and activate...
AIA Weighs Purchase of Billion-Dollar Shanghai Tower as Its Expands Business in China August 8, 2022 By Bloomberg News Insurance giant AIA Group Ltd. is in talks to purchase an office at a prime location in Shanghai as it...
Ukraine Nuclear-Plant Disaster Is ‘Real Risk,’ IAEA Warns August 8, 2022 By Bloomberg News Ukrainian officials said Russian forces shelled the area around Europe’s largest nuclear plant for a second day, hours after the...
China’s Ping An Profit Drops 24% as Pandemic Deals Blow to Business May 3, 2022 By Bloomberg News Ping An Insurance (Group) Co., China’s largest insurer by market value, said profit fell 24% and warned that outbreaks of...
Russia May Be Forced to Cannibalize Half Its Planes for Spare Parts: Kommersant April 29, 2022 By Bloomberg News Russia may be forced to ground between half and two-thirds of its commercial aircraft by 2025 in order to cannibalize...
U.S. Companies Warn China’s Data Rules Risk Creating ‘Digital Island’ April 21, 2022 By Bloomberg News China’s “uniquely restrictive” data laws risk boosting U.S. firms’ cost of doing business in the No. 2 economy and could...
Update: One of Two Flight Recorders Located From China Eastern Plane Crash March 23, 2022 By Bloomberg News The cockpit voice recorder from the China Eastern Airlines Corp. aircraft that crashed on Monday has been found and sent...
Chinese Authorities Tell Banks, State-Owned Firms to Report Exposure to Ma’s Ant Group February 22, 2022 By Bloomberg News Chinese authorities told the nation’s biggest state-owned firms and banks to start a fresh round of checks on their financial...
China’s Alibaba Fires Woman Who Accused Boss of Sexual Assault in #MeToo Setback December 13, 2021 By Bloomberg News Alibaba Group Holding Ltd. has fired a woman who accused a manager of sexual assault, a surprise move that came...
Owners of Thai Insurer Syn Mun Kong Explore Sale of Majority Stake November 30, 2021 By Bloomberg News The controlling shareholders of Thai insurer Syn Mun Kong Insurance Pcl are exploring the sale of a majority stake in...