Edition:
International

Brenda Goh

Beijing presses Didi to delist from U.S. over data security fears - sources

Nov 26 2021

HONG KONG/SHANGHAI Chinese regulators have pressed top executives of ride hailing giant Didi Global Inc to devise a plan to delist from the New York Stock Exchange due to concerns about data security, two people with knowledge of the matter told Reuters. | Video

China's Meituan lowers outlook for its food delivery business

Nov 26 2021

SHANGHAI (Reuters) -China's Meituan on Friday forecast a weaker outlook for its core food delivery business next year, after a 3.4 billion yuan ($532.24 million) fine pushed it to report its largest-ever quarterly loss in three years.

Exclusive-Geely unit Lotus Tech aims to raise up to $500 million in funds - CFO

Nov 26 2021

SHANGHAI Lotus Technology, a new unit of China's Geely set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters.

WTA: Chinese tennis player's call with Olympic chief is not enough

Nov 22 2021

SHANGHAI (Reuters) -Chinese tennis player Peng Shuai's video call with International Olympic Committee (IOC) president Thomas Bach did not address or alleviate concerns about her well-being, the Women's Tennis Association (WTA) said on Monday. | Video

L'Oreal says has resolved Singles Day shopping spat

Nov 18 2021

BEIJING - French cosmetics giant L'Oreal on Thursday said it had reached a "constructive and satisfactory solution" following a dispute about prices during Alibaba Group's Singles Day shopping promotion early this month.

China's top livestreaming sales stars in dispute with L'Oreal

Nov 18 2021

BEIJING, Nov 18 - China's top two livestreaming sales stars said they have suspended cooperation with French cosmetics giant L'Oreal over a dispute about prices during Alibaba Group's Singles Day shopping promotion earlier this month.

In China, global automakers seek clarity from a more ambitious regulator

Nov 16 2021

(This story corrects Mercedes-Benz official's comment in paragraph 13 to show he said the time between when a new rule is known and is effective is "short", not insufficient)

China's Singles' Day loses lustre as growth slumps to single digit amid crackdown

Nov 12 2021

SHANGHAI After more than a decade of explosive growth, China's Singles' Day, the world's biggest online shopping fest, is losing its gloss and bracing for more modest growth in coming years, hurt by a slower economy and tighter regulatory scrutiny.

Tencent says Beijing likely to support metaverse - as long as it obeys China rules

Nov 11 2021

SHANGHAI Chinese social media giant Tencent Holdings expects Beijing to allow 'metaverse' virtual environment services, now the talk of Silicon Valley, to operate in China - provided they fall in line with Chinese rules.

World News

Australia sets out curbs for travellers from virus-hit southern Africa

MELBOURNE (Reuters) -Australia imposed new restrictions on Saturday on people who have been to nine southern African countries, as the new Omicron variant https://www.reuters.com/business/healthcare-pharmaceuticals/japan-tighten-border-controls-s-africa-others-new-virus-variant-jiji-2021-11-26 of COVID-19 raises concerns about another wave of the pandemic.