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China’s Meituan to Start Brazil Business With $1 Billion Budget
Technology

China’s Meituan to Start Brazil Business With $1 Billion Budget

Meituan will invest $1 billion over five years to start and expand a food delivery service in Brazil, as Luiz Inacio Lula da...

China’s Top Chipmaker SMIC Plunges After Projecting Lower Sales
Technology

China’s Top Chipmaker SMIC Plunges After Projecting Lower Sales

Semiconductor Manufacturing International Corp. plunged Friday after China’s leading chipmaker warned sales could fall as much as 6% this quarter because of production...