BEIJING (Reuters) – China Eastern Airlines Corp Ltd <600115.SS> launched on Wednesday a fresh subsidiary – OTT Airlines – to push home-grown aircraft to wider markets, the carrier said on its official account on Chinese social media platform Weibo. The Shanghai-based airline said OTT Airlines, which translates to ‘one two three’ in Chinese, would be […]
By Josh Horwitz SHANGHAI (Reuters) – Apple Inc’s <AAPL.O> new iPhone SE for the budget-conscious is unlikely to be a major driver of sales in China, a Weibo survey suggested, with analysts noting its lacks of 5G capability. In a poll conducted on social media site Weibo, 60% of roughly 350,000 respondents said they would […]
PARIS (Reuters) – The ‘FREE NOW’ taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring, which could lead to job cuts, and unveiled plans to merge with French app Kapten. The ‘FREE NOW’ company said in a statement that its restructuring was aimed at reducing costs in order to offset […]
