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The ByteDance logo is seen in this illustration taken, Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration BEIJING, Jan 19 (Reuters) – ByteDance, the owner of short video app TikTok, announced on Wednesday that it was overhauling its strategic investment team after its business analysis earlier this month highlighted investments with “low synergies”. ByteDance will disband its group-level […]
SINGAPORE, Jan 17 (Reuters) – Credit Suisse (CSGN.S) Chairman Antonio Horta-Osorio, who was being investigated by the Swiss bank’s board for breaching COVID-19 quarantine rules, has quit with immediate effect and board member Axel Lehmann has taken over the role. “I regret that a number of my personal actions have led to difficulties for the […]
BANGKOK, Nov 22 (Reuters) – Thailand’s central financial institution has allowed debt consolidation throughout monetary establishments to assist retail debtors pay decrease rates of interest, an official mentioned on Monday, as policymakers attempt to ease the impression of coronavirus outbreaks. Debtors can mix their unsecured debt with house loans at completely different banks, quite than […]
The Chinese language nationwide flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter/File Photograph SHANGHAI/BEIJING, Nov 9 (Reuters) – A think-tank of China’s highly effective state council met actual property builders and banks in Shenzhen metropolis, a supply with direct information of the assembly advised Reuters, amid intensifying worries over a liquidity disaster […]
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