Mother of Uber CEO killed in boating accident -newspaper
May 27 The mother of ride-hailing firm Uber's chief executive has died in a boating accident near Fresno, California on Friday, the Fresno Bee reported on Saturday.
Jan 8 Chinese newspapers available in Beijing and Shanghai carried the following stories on Wednesday. Reuters has not checked the stories and does not vouch for their accuracy.
- China's box office generated 21.77 billion yuan ($3.60 billion) of revenue last year, an increase of 27.51 percent from 2012, according to the State Administration of Press, Publication, Radio, Film and Television. Meanwhile, overseas movies made 9 billion yuan, an increase of 54.32 percent.
- Sina Weibo, a popular micro-blogging site, and Alipay, an e-payment provider, announced on Tuesday that they would integrate their systems to boost e-commerce, in a bid to rival WeChat, an increasingly popular chatting app owned by Tencent Holdings Ltd.
- The marginal cost to China of accumulating foreign exchange reserves surpasses the marginal revenue and is no longer beneficial for the country, said Yi Gang, deputy governor of the People's Bank of China. New foreign exchange measures will be introduced in 2014, he said.
- Revisions made by the Ministry of Finance to travel spending regulations have been successful, said an article in the paper that acts as the Party's mouthpiece. The introduction of stringent travel management is not only to control invoices, but to promote thrift, it said.
For Hong Kong and South China newspapers see.....
* BA latest to be hit by computer problems (Adds comment by BA's chief executive)
May 27 General Motors Co said on Saturday that proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against a slate of directors proposed by hedge fund Greenlight Capital and reject the hedge fund's plan to divide GM shares into two classes.