Chinese smartphone maker Xiaomi Corp announced a HK$12 billion ($1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is aimed at boosting its floundering stock.
Chinese smartphone maker Xiaomi Corp said on Tuesday it will buy back up to HK$12 billion ($1.53 billion) worth of stock in its biggest equity repurchase, sending its shares up nearly 7%.
Chinese smartphone maker Xiaomi Corp said on Tuesday it will buy back up to HK$12 billion ($1.53 billion) worth of its shares, in a move aimed at supporting its faltering shares.
The Frankfurt Auto Show will champion sustainable driving and electric cars, Germany's auto industry association said on Monday, as it seeks to head off protests from climate activists.
Swedish telecoms operator Telia has offered concessions to allow rivals fair access to its TV channels to address EU antitrust concerns about its $957 million bid for Bonnier Broadcasting, an EU document seen by Reuters showed.
HSBC completed the first yuan-denominated blockchain-based letter of credit transaction, the bank said on Tuesday.
The top Dutch tax politician has denied meeting representatives of Uber Technologies, in answer to questions from parliament about why the company has been allowed to claim a provisional $6.1 billion tax write-off in the Netherlands.
The United States and Poland believe suppliers of 5G network equipment should be rigorously evaluated for foreign government control, a joint declaration signed on Monday said, as Washington pressures allies to exclude China from 5G networks.
U.S. Vice President Michael Pence signed a joint declaration with Poland on 5G network security on Monday, according to a Reuters reporter present during the signing ceremony.
The United States and Poland believe suppliers of 5G network equipment should be rigorously evaluated to check whether they are subject to control by a foreign government, according to a joint declaration signed on Monday.
MTG shares leapt as much as 25% on Monday after the Swedish e-sports and gaming firm said Chinese live streaming platform Huya would buy a stake in its Turtle Entertainment (ESL) business and help it expand into China.
Shares in MTG soared 24% on Monday after the Swedish e-sports and gaming firm said Chinese live streaming platform Huya would buy a stake in its portfolio company Turtle Entertainment (ESL) and help it expand into China.
Facebook's proposed Libra currency could undermine the European Central Bank's ability to set monetary policy and Europe should ignore its siren call of "treacherous promises" ECB board member Yves Mersch said on Monday.
Wirecard has signed a memorandum of understanding with SoftBank's Brightstar and anticipates "significant transaction volume" out of the deal, the German fintech announced on Monday.
Widespread acceptance of Facebook's proposed Libra currency could even undermine the European Central Bank's ability to set monetary policy, a potential risk for the currency bloc, ECB board member Yves Mersch said on Monday.
Singapore is pursuing more foreign tech talent as it ramps up efforts to grow the sector, its trade minister said on Monday, adding that locals would also benefit from the plans amid concerns about preserving jobs as the economy sours.
ZAO - a new Chinese app that lets users swap their faces with celebrities, sports stars or anyone else in a video clip - racked up millions of downloads on the weekend but swiftly drew fire over privacy issues.
The initial reception for a re-launched version of a classic video game points to potential stock price growth of Activision Blizzard Inc, with new titles from key franchises also bolstering the company's outlook, according to Barron's.
Philippine boxing champion Manny Pacquiao launched his very own cryptocurrency on Sunday at a free concert in Manila, where he serenaded more than 2,000 fans to drum up interest in the product.
Latin American delivery app Rappi plans to almost double the number of cities it operates in by year's end, its co-founder said on Friday, following a $1 billion injection from Japan's SoftBank that signals growing foreign interest in the region.





