South Korean prosecutors raided the headquarters of Samsung Group, the country's largest conglomerate, Wednesday on bribery allegations.
Last week's truce－merger, if you will－between rival discount cab ride apps Didi Chuxing and Uber China followed years of fierce competition. Here is the low-down on the proposed deal.
Starwood Hotels & Resorts Worldwide (NYSE: HOT) announced Thursday that the consortium led by China's Anbang Insurance Group has withdrawn its bid.
The creation of a powerful militant workers' union in Australia is a step closer after members of the Maritime Union of Australia voted in favor of merging with the nation's Construction, Forestry, Mining and Energy Union, local media reported Tuesday.
A planned merger of the main opposition Democratic Party of Japan (DPJ) and the Japan Innovation Party (JIP) may be approved as early as Friday, representatives from both parties confirmed Wednesday.
China took a major move Tuesday to make medical insurance accessible for all.
The U.S. Department of Justice (DOJ) on Tuesday filed a civil antitrust lawsuit to block the proposed merger between U.S. Airways Group Inc. and American Airlines' parent corporation, AMR Corp., saying the merger would reduce competition and result in higher airfares for passengers.
A large shareholder of Smithfield Foods, Inc. on Monday opposed the buyout of the world's largest pork processor by China's Shuanghui International Holdings Limited and suggested a breakup of Smithfield's business to seek greater corporate value.
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