Jia Yueting likes to say that Apple is outdated, China’s big tech companies are innovation killers and his company is the real disrupter. But now, his dreams are fading away due to a cash crunch and worried investors.
This arms sale will increase Taiwan’s ability to defend its airspace and surrounding seas, thus strengthening its overall defensive capabilities and helping to maintain regional stability and peace in the Taiwan Strait.
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The Security Council held an emergency meeting where the U.S. said it would introduce new sanctions against North Korea for launching this week an intercontinental ballistic missile.
Volvo indicated Wednesday it is mounting an ambitious challenge to Tesla’s electric cars. But the even tougher news for Tesla’s billionaire founder, Elon Musk, is that the Scandinavian company isn’t the only deep-pocketed rival planning to compete with the Silicon Valley pioneer.
Beijing says its treaty with the U.K. on Hong Kong no longer applies.
The nuclear threat to U.S. cities requires an urgent response.
Stocks in Europe and Asia were mostly lower Tuesday as a decline in shares of U.S. technology companies the previous day reverberated overseas.
The Abu Dhabi Investment Authority said it intends to pursue more direct private-equity investments, notably in fast-developing Asian markets such as China and India, reflecting a growing appetite for such transactions among the world’s biggest sovereign-wealth funds.
North Korea’s announcement of an intercontinental-ballistic-missile test intensifies pressure on Beijing to penalize Pyongyang or risk further tensions with Washington.
French dairy company Danone said it entered a binding agreement to sell its U.S. dairy business, Stonyfield, to Lactalis for $875 million to address U.S. competition concerns.
Boom towns like the one dubbed iPhone City, where 250,000 workers assemble Apple’s smartphone, have helped China achieve a central role in the global electronics supply chain.
The Trump administration conducted a second sea patrol close to a China-controlled island in the South China Sea, following a series of moves in recent days that appear to signal Washington’s displeasure with Beijing.