Alibaba shrugs off China antitrust penalty

SHANGHAI, 12 April 2021: Chinese digital commerce giant Alibaba today said the large antitrust fine from Chinese authorities announced last weekend will not have great repercussions for the company, whose …

Toshiba confirms CVC buyout offer

TOKYO, 7 April 2021: Toshiba shares gained up to 8% at the start of trading at the Tokyo Stock Exchange today after its president confirmed the Japanese technology company has …

LG exits mobile phone manufacturing

SEOUL, 5 April 2021: LG Electronics today announced it will stop manufacturing mobile phones due to the increasing competitiveness of the sector, which comes after recording a five-year deficit in …