U.S. government appeals order blocking TikTok ban from taking effect
The U.S. Justice Department said it had appealed a Pennsylvania judge’s Oct. 30 order that blocked the government from imposing restrictions on Chinese-owned short video
Category: Business
Russia’s Ozon targets $750 million in IPO as e-commerce booms
Russian online retailer Ozon plans to raise about $750 million in an initial public offering (IPO) in the United States to help fund its expansion
Instacart taps Goldman Sachs to lead IPO at $30 billion valuation
Instacart has picked Goldman Sachs Group Inc GS.N to lead its initial public offering (IPO), which could come early next year and value the U.S.
Healthcare group Sanofi invests 50 million euros in Jeito Capital
French healthcare giant Sanofi has invested 50 million euros ($59 million) into Jeito Capital, an investment firm dedicated to biotech and biopharma, in a deal
Group of 165 Google critics calls for swift EU antitrust action
A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google, saying the U.S. tech
Daimler to revamp China plant to make Actros trucks as sales surge
Germany’s Daimler AG and its China commercial vehicle partner Beiqi Foton Motor Co plan to invest 2.75 billion yuan ($415.32 million) to build Mercedes-Benz-branded Actros
Chinese President Xi Jinping decided to halt Ant’s IPO: WSJ
China’s President Xi Jinping personally decided to pull the plug on Ant Group’s $37-billion initial public offering, the Wall Street Journal reported on Thursday, citing