(Bloomberg Opinion) — Is President Donald Trump serious about forcing American companies out of China? His advisers talk like it.The president would have the authority for such a move,…… Read more “Want a U.S. Recession? Try Trump’s China Divestment Plan”

(Bloomberg) — Citigroup Inc.’s stock performance has been the envy of the U.S. financial industry this year, gaining 19% in defiance of falling interest rates, heightened trade…… Read more “Analysts Still See Citi’s Stock Jump This Year as Start of Surge”

Chinese AI firm Megvii Technology Ltd, backed by Alibaba, has filed in Hong Kong to conduct an IPO targeting proceeds of at least $500 million, two people…… Read more “UPDATE 1-Chinese AI start-up Megvii files for Hong Kong IPO of at least $500 mln”

(Bloomberg) — Megvii Technology Ltd. for the first time revealed the stunning growth fueled by a nation’s obsession with security.The Alibaba Group Holding Ltd.-backed startup tripled revenue…… Read more “Alibaba-Backed AI Startup Sales Tripling Paves Route to IPO”

(Bloomberg Opinion) — Investors celebrating Meituan Dianping’s first quarterly profit have as much reason to cheer how the company got there as the numbers themselves.Surging revenue, market-share gains…… Read more “Meituan Joins Amazon’s Virtuous Circle”

The chair of the U.S. House Financial Services Committee said on Sunday she remained concerned about Facebook’s plans for a digital currency after meeting the government officials…… Read more “U.S. lawmaker says still concerned about Facebook cryptocurrency after Swiss meetings”

Leading Brazilian companies and trade groups have joined the global outcry over surging wildfires in the Amazon as fears grow that the environmental crisis could hit business.…… Read more “Brazilian businesses fear backlash over Amazon crisis”

Chinese artificial intelligence provider Megvii Technology Ltd, backed by Alibaba, has filed for an IPO of at least $500 million in Hong Kong, two people said, coming…… Read more “Chinese AI start-up Megvii files for Hong Kong IPO of at least $500 million”

(Bloomberg) — Shares in Meituan Dianping surged by the most in five months Monday, hitting the highest price since its initial public offering after the Chinese internet…… Read more “Meituan Surges to Highest Since IPO After Surprise Profit”

Walt Disney Co and Target Corp announced a collaboration on Sunday that will open 25 Disney stores inside select Target locations nationwide on October 4, with plans…… Read more “Disney to launch 25 stores inside Target nationwide on October 4”