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BUDAPEST, Hungary (AP) — When Chinese President Xi Jinping visited Hungary last week, he arrived to one of the few places in the European Union where his country is considered an indispensable ally rather than a rival. By the time he left on Friday, he’d secured deals that provide fertile ground for China’s plans of economic expansion in Europe.
TOKYO -- Sega Sammy Holdings plans to sell its Phoenix Seagaia Resort in Japan to U.S.-based Fortress Investment Group as the Japanese amusement company looks to focus resources on video games and other segments, Nikkei has learned
SINGAPORE — Amazon Web Services on Tuesday said it will invest an additional 12 billion Singapore dollars (about $8.87 billion) over the next five years to grow its cloud infrastructure and services in Singapore.
TOKYO/HOUSTON -- Investors who have flocked to semiconductor stocks on the back of the generative artificial intelligence (AI) boom are starting to buy shares linked to nuclear power generation and its primary fuel uranium.
Credit Agricole, France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals.
French bank Societe Generale reported a smaller-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more weakness at its retail bank and in fixed-income trading.
DRESDEN, Germany/TAIPEI -- For over three decades, Dresden has been at the heart of European chipmaking, and for most of that time, Jens Drews has had a front-row seat to the ebbs and flows of the industry.
TAIPEI, Taiwan (AP) — Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping’s first trip to Europe in five years, as the Asian giant rebuilds its foreign relations after a prolonged absence during the Covid-19 pandemic.