NEW YORK: Beyond Meat is looking to take a bite out of the massive Chinese market, announcing plans on Tuesday (Sep 8) to produce its plant-based beef, pork and chicken in the Asian nation. The US substitute meat startup said it plans to open two facilities near Shanghai, after reaching […]
Business
NEW YORK: Apple Inc on Tuesday (Sep 8) scheduled a special event for Sep 15, with fans and investors expecting a refresh in the lineup of some of the company’s core products. While Apple uses its September events to showcase its most important products, new versions of iPhone handsets might […]
Trump, who long touted friendly ties with Chinese President Xi Jinping as he sought to make good on promises to rebalance a massive trade deficit, has made getting tough on China a key part of his campaign for re-election on November 3. With the US election approaching, President Donald Trump […]
LONDON: Britain’s competition regulator on Monday fined Amazon 55,000 pounds (US$72,364) after the US online giant delayed an investigation into its purchase of a 16 per cent stake in food platform Deliveroo by failing to provide documents on time. The Competition and Markets Authority (CMA) finally cleared Amazon’s stake purchase […]
French carmaker Renault will develop and assemble the next generation of partner Nissan’s Micra models, a senior executive at the Japanese firm said, as the two companies try to reboot their alliance with tighter cooperation in production. PARIS: French carmaker Renault will develop and assemble the next generation of partner […]
BEIJING: Bottled water giant Nongfu Spring said on Monday (Sep 7) it is aiming to raise more than US$1 billion in a Hong Kong listing, as Beijing cajoles Chinese companies to raise cash at home. Nongfu, which claims to be number one in China’s massive bottled water market, is ubiquitous […]
Finnish telecom firm Nokia has suffered a setback after a source close to the matter confirmed it had lost out to Samsung Electronics on a part of the contract to supply new 5G equipment to Verizon in the United States. STOCKHOLM: Finnish telecom firm Nokia has suffered a setback after […]
Italy’s antitrust authority said on Monday it had opened an inquiry into Google Inc , Apple Inc and Dropbox Inc over cloud computing services. MILAN: Italy’s antitrust authority said on Monday it had opened an inquiry into Google Inc , Apple Inc and Dropbox Inc over cloud computing services. “The […]
SYDNEY: Looking to travel from Beijing to Hangzhou in eastern China? A flight can be had for as low as 180 yuan (US$26): One of a slew of deals fuelling a robust recovery in Chinese passenger levels and which could provide a model for a beleaguered industry globally. Led by […]
NEW YORK: Serena Williams seeks a quarter-final berth at the US Open on Monday as the top men’s seeds look to take advantage of Novak Djokovic’s shock disqualification. Williams goes head-to-head with Greece’s 15th seed Maria Sakkari for a spot in the last eight as she chases a record-equalling 24th […]