Chinese President Xi Jinping meets with U.S. executives as investment falls

Beijing – Chinese President Xi Jinping met with U.S. business leaders at the Great Hall of the People in Beijing on Wednesday as the government tries to attract foreign investors and international companies to ensure the impact of the new rules. Foreign direct investment fell 8% in 2023 as investor concerns over espionage laws, exit … Read more

Senior HDFC Bank executives said they are in talks with Paytm and will “wait and see” how the situation develops

HDFC Bank is “in talks” with its long-time partner Paytm as the fintech firm tries to find a way out of the Reserve Bank of India’s current restrictions, a top executive at the largest private sector lender said on Tuesday. Also read: Paytm CEO Vijay Shekhar Sharma meets finance minister amid regulatory concerns: Report Parag … Read more

Samsung executives were acquitted in major cases that have been ongoing since 2015

Last updated: February 5, 2024 15:19 UTC A Seoul court on Monday acquitted Samsung Electronics Chairman Lee Jae-yong in a case involving the controversial 2015 merger of two Samsung subsidiaries that it said was designed to help him take over control of South Korea’s largest conglomerate. The Seoul Central District Court acquitted Lee Jae-yong three … Read more

Amid criticism, Harvard appoints two top business executives to board of directors

America’s oldest and richest school faces accusations of anti-Semitism. Harvard University has appointed two senior business executives to its board of directors amid intense scrutiny and criticism of the institution from alumni, lawmakers and faculty. With the approval of the supervisory board, former Merck & Co. CEO Kenneth Frazier and KKR & Co. Co. co-CEO … Read more