Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions.
Business
·
China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals
CN
CitrixNews Staff
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Business
Welsh aviation firm AerFin bought in £475m deal
Image source, Getty ImagesImage caption, The company said it was beginning a "new chapter"ByHuw ThomasWales bu...
CitrixNews Staff
·
1 hour ago
Business
Was Elon Musk the US midterms' biggest loser? – Stateside with Kai and Carter
The tech industry spent big on the midterms, but it turned out to be a poor investment. Elon Musk poured a staggering $4...
CitrixNews Staff
·
1 hour ago
Business
Consumers are spending on physical gifts even as travel tops wish lists, Visa survey finds
Even as travel and experiences top the wish list, consumers are still prioritizing spending on physical gifts this holid...
CitrixNews Staff
·
1 hour ago
Business
Japan FA’s Kozo Tashima to stand against Infantino for Fifa presidency
Tashima says he brings ‘honest, sound, upright attitude’He is understood to have acted with the blessing of UefaThe Japa...
CitrixNews Staff
·
1 hour ago