HONG KONG/SHANGHAI (Reuters) – China’s Meituan-Dianping, an online food delivery-to-ticketing services platform, filed for a Hong Kong IPO on Monday – an offering that aims to raise more than $4 billion, three people with knowledge of the plans said.
(Reuters) – ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the “next couple of days,” the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday.
TOKYO (Reuters) – Japan’s financial regulator said on Friday it has ordered cryptocurrency exchanges including bitFlyer, Inc., one of the country’s biggest, to make improvements to lax measures on money laundering.
SAN FRANCISCO (Reuters) – Police in Tempe, Arizona said evidence showed the “safety” driver behind the wheel of a self-driving Uber was distracted and streaming a television show on her phone right up until about the time of a fatal accident in March, deeming the crash that rocked the nascent industry “entirely avoidable.”
TAIPEI (Reuters) – Foxconn, the world’s largest electronics contract manufacturer and a major supplier for Apple Inc , said on Friday the biggest challenge the company is facing is the trade war between Washington and Beijing.