By Keith Zhai and Cheng Leng SINGAPORE/BEIJING (Reuters) – As China struggles to deal with the slowdown of the world’s second-largest economy, it has embarked on a new strategy of placing financial experts in provinces to manage risks and rebuild regional economies. Since 2018, President Xi Jinping has put 12 former executives at state-run financial […]
BRUSSELS (Reuters) – United Technologies Corp <UTX.N> and Raytheon Co <RTN.N> have offered concessions to address EU antitrust concerns about their plan to create a $120 billion U.S. aerospace and defense giant, a filing on the European Commission website showed on Monday. The companies submitted their concessions on Friday. The European Commission, which did not […]
By Kate Holton and Paul Sandle LONDON (Reuters) – Britain’s Pearson <PSON.L> has seen an “explosion” in demand for online learning, with traffic across its platforms quadrupling as millions of children start to adapt to home schooling during the coronavirus pandemic, its chief executive said. Pearson, a leading global education company, has made some programs […]
