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Xi Focus-Quotable Quotes: Xi Jinping on remembering history, cherishing peace

Tuesday marks the 83rd anniversary of the Lugou Bridge Incident on July 7, 1937, which is recognized as the start of Japan's full-scale invasion of China, and China's

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Summit raises $2.2B across two megafunds, and pulls in ex-CEO of SoulCycle as newest investor

While there has been a wealth of bad news the past few months in the venture capital world as firms take account of the changing macroeconomic conditions in the wake of COVID-19, that hasn’t stopped s

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Cross-border wealth management investment to bring HK more business opportunities: financial chief

International Commerce Center, the highest building in Hong Kong, south China, May 14, 2020. (Xinhua/Lu Binghui) -- The cross-boundary wealth management connect pilot s

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China to facilitate cross-border wealth management investment in Greater Bay Area

China will initiate a pilot program to facilitate cross-border purchase of wealth management products (WMP) by residents in the Guangdong-Hong Kong-Macao Greater Bay A

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Macy's to slash 3,900 corporate jobs to save cash

R.H. Macy and Co.'s flagship department store is seen in midtown New York, the U.S. November 11, 2015. /Reuters Macy's Inc said on Thursday it would lay off about 3,900 employees in corporate

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Partners at Sequoia, GGV, General Catalyst and Greylock join Valence’s VC initiative for Black founders

The new, Los Angeles-based online professional network for Black talent, Valence, has launched a new initiative called the Valence Funding Network to link Black entrepreneurs with top partners at firm

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A reading guide to Reliance Jio, the most important tech company in the world

Over the past few months, COVID-19 has brought much of the fundraising community to a standstill. However, amidst it all India’s hyper0growth telco Reliance Jio Platforms has put its fundraising

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‘One day we were in the office and the next we were working from home’

Ryan Easter couldn’t believe he was being asked to run a pandemic business continuity test.It was late October, 2019 and Easter, IT Director and a principal at Johnson Investment Counsel, was being as

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Wall Street ends higher but indexes see worst week since March selloff

The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan in New York City, New York, U.S., April 13, 2020. /Reuters U.S. stocks ended higher on Friday as bargain

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Curb on U.S. dollar trading in HK may damage global confidence in U.S. assets: HK finance chief

Financial Secretary of China's Hong Kong Special Administrative Region government Paul Chan said on Sunday that to limit U.S. dollar trading in Hong Kong will in return damage global confidence in t

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EU budgets 94.4 billion euros for 'Horizon Europe' research project

The European Commission proposes allocating 94.4 billion euros to research and innovation in the "Horizon Europe" program, as part of a massive 1.85 trillion euros, seven-year, European Union (EU)

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Russia tests Avifavir anti-coronavirus drug

Russia is currently carrying out clinical tests of Avifavir, which may prove to be an efficient treatment for COVID-19, the producer of the drug said in a statement on

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Chinese premier expects positive GDP growth in 2020

Chinese Premier Li Keqiang said Thursday the country is expected to achieve positive economic growth this year if security in six key areas is ensured.The six areas ref

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U.S. preparing charges against wife of Venezuelan president: report

Venezuelan President Nicolas Maduro and his wife Cilia Flores greet supporters during his closing campaign rally in Caracas, Venezuela, May 17, 2018. /Reuters The United States is reportedly p

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Despite COVID-19, optimism reigns in the Midwest’s startup scene

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Startups in the Midwest are optimistic despite the fact that a fair number of comp

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Hamilton tops British sports stars in 2020 Sunday Times Rich List

Lewis Hamilton cuts a pensive figure at the pre-race press conference ahead of the F1 Singapore Grand Prix on Sept. 19, 2019. The Briton would finish that race in fourth place. (Xinhua/Then Chih Wey)L

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Hamilton tops British sports stars in 2020 Sunday Times Rich List

Lewis Hamilton cuts a pensive figure at the pre-race press conference ahead of the F1 Singapore Grand Prix on Sept. 19, 2019. The Briton would finish that race in fourth place. (Xinhua/Then Chih Wey)L