Wal-Mart Stores Inc has sold its Chinese online grocery store in return for a stake in the …
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Chinese
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Tech news
Israeli augmented reality firm Lumus gets 15 million dollars
by Ghada Ismailby Ghada IsmailLumus, a developer of technology for augmented reality, said on Wednesday it has received $15 million of …
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Chinese car-hailing app Didi Chuxing Technology Co said it raised $7.3 billion in its latest round of …
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International News
China’s Xi to sign trade, aviation deals on eastern Europe visit
by Noha Gadby Noha GadChinese President Xi Jinping is expected to sign a series of agreements in areas ranging from trade …
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Tech news
Electric car startups fueled by Chinese money aim to catch Tesla
by Ghada Ismailby Ghada IsmailA few miles from Tesla Motors Inc’s Palo Alto headquarters, a Silicon Valley startup plans to challenge …
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World
Asian Shares choppy before Fed, Brexit vote; China sees off MSCI disappointment
by Noha Gadby Noha GadAsian shares were volatile on Wednesday as a U.S. Federal Reserve policy decision later in the day …
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The current level of non-performing loans at Chinese banks is a manageable problem, but must not be …
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Tech news
Chinese search giant Baidu lowers revenue forecast, shares sink
by Ghada Ismailby Ghada IsmailChinese online search giant Baidu Inc cut its revenue forecast for the current quarter, saying regulatory scrutiny …
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Siemens has no interest in becoming a white knight for German robot maker Kuka, which is the …
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Oil prices rose for a third day to hit their highest in about eight months on Wednesday, …