Chinese lenders are fast becoming global leaders in ship financing, while Western banks are reducing or exiting their shipping loan portfolios. That disengagement is due to increasingly strict capital requirement regulations being enforced as the world's shipping industry faces its worst downturn in three decades.
Thank the Bard above for Lily James. You've heard of a damsel in distress. Well, James is the damsel riding to the rescue of a West End production in distress.
1. A documentary about people dressing as puppies was every bit as weird as you'd expected: It sounds barking mad: a community of grown men squeezed into latex puppy outfits and munching doggie treats in their spare time.
It takes a perverse sense of logic to serenade a crowd with Santa Claus Is Coming To Town in May, but Bruce Springsteen isn't one for strict convention, seasonal or otherwise. The opening night of his UK tour saw him raise the spirits of a damp and drizzly Manchester with an unexpected rendition of the Christmas novelty number, little over 15 minutes into his mammoth three-hour set.
Move follows the acquisition of 65% stake in MP & Silva
Bank of Beijing Co Ltd is preparing to launch an investment subsidiary to invest in technology companies with potential for high growth, as well as lending to startups.
Shanghai Yiqian Trading Co is set to buy a major stake in Germany's Hahn airport, located more than 120 kilometers from Frankfurt, in a move that underscores the growing interest by Chinese companies in overseas infrastructure acquisitions.
Food entrepreneurs in China are trying to show that there are endless possibilities of healthy eating options that go beyond the dull celery and carrot sticks.
Health drinks, which are already a multibillion-dollar industry in the United States, are starting to make inroads into China as demand for wellness products rises.
Nestle SA and Alibaba Group Holding Ltd have launched a digital commerce and marketing campaign, a move the Swiss food giant hopes will boost its disappointing business in China through innovation in products and digital distribution channels.
Truck Alliance, a startup dedicated to helping match empty trucks with loads, plans to expand into the Southeast Asian market after it raised more than $100 million from investors including Tencent Holdings Ltd and venture capital powerhouse Hillhouse Capital.
Wanda Cinema Line Co, China's biggest cinema chain and a subsidiary of privately owned property giant Dalian Wanda Group Co Ltd, is seeking to acquire a 100 percent stake in Wanda Media, the owner of movie blockbuster maker Legendary Entertainment.
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