Temasek Holdings and Trustbridge Partners have held talks with WeWork China over increasing their stake in the China branch of the troubled co-working startup to take majority ownership, three people familiar with the matter told Reuters.
China's economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand.
While drinking in a nightclub in Mozambique in 2015, Kamal Moukheiber had an idea: a luxury cigar made not in Cuba, but in southern Africa.
Intense thunderstorms with heavy rains dampened bushfires on Australia's east coast on Friday, to the relief of exhausted firefighters and farmers battling years of drought, and granting a reprieve to the organizers of next week's Australian Open.
As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.
Supreme Leader Ayatollah Ali Khamenei said in a Friday prayers sermon that Iran's missile strikes on U.S. targets in Iraq showed it had divine support in delivering a "slap on the face" to a world power.
Iran's supreme leader called on Friday for national unity and a high turnout in a February election, after protests erupted following the military's admission that it had shot down an airliner by mistake during a confrontation with the United States.
World shares rose to record highs on Friday, buoyed by Chinese data that suggested the world's second-biggest economy was stabilizing.
Indian Prime Minister Narendra Modi's ruling party on Friday slammed editorial policies of billionaire Jeff Bezos-owned Washington Post, even as his e-commerce firm Amazon announced plans to create a million jobs in the country by 2025.
Iranian Supreme Leader Ayatollah Ali Khamenei said on Friday that three European states who were party to a nuclear pact from which the United States has already withdrawn could not be trusted, and their actions to put pressure on Iran would not work.
The Taliban will implement a 10-day ceasefire with U.S. troops, a reduction in violence with Afghan forces and discussions with Afghan government officials if it reaches a deal with U.S. negotiators in talks in Doha, two sources have said.
Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's largest auto market.
Foreign ministers from Canada and Britain paid their respects on Thursday to those who died when Iran shot down an airliner last week, ahead of talks between the affected countries to discuss their response.
The bodies of all 11 Ukrainians who died in last week's plane crash in Iran have been identified and will be transported back to Ukraine on Jan. 19, the interior ministry said in a statement to Reuters on Thursday.
China's financial markets are nearly evenly divided over whether the benchmark lending rate will be lowered or kept steady next Monday, a survey of participants showed, after the central bank kept rates on medium-term loans unchanged this week.
Firefighters, family and the small Australian town of Holbrook hailed fallen volunteer firefighter Samuel McPaul a hero in a solemn funeral on Friday, as long awaited rains started to extinguish some of the deadly bushfires raging for months.
China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and unchanged from the previous quarter's pace.
Crude steel production in China climbed to a record just shy of 1 billion tonnes in 2019, boosted by a resilient property market and robust demand as Beijing beefed up infrastructure spending in a bid to weather a slowdown in economic growth.
China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and steadying from the previous quarter's pace.
China's annual aluminum production fell for the first time in 10 years in 2019, official data showed on Friday, hit by softer demand amid the Sino-U.S. trade row and large-scale smelter outages.