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Ubisoft Forms New Subsidiary for Assassin's Creed, Far Cry and Rainbow Six Franchises Backed by Tencent
Ubisoft is forming a new dedicated subsidiary for its core IPs of Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six in an effort to transform its operations, the company announced Thursday. The new entity will be backed by a €1.16 billion investment from Chinese conglomerate Tencent, which will hold a minority stake in the subsidiary.
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Despite Anti-Corruption Drive, Xi Jinping's Family Holds Millions: Report
Chinese President Xi Jinping's relatives continue to possess millions of dollars in business ventures and financial investments, Radio Free Asia reported, citing a recent report from US sources.
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DeepSeek Founder's Village Turns Into Tourist Hotspot, Undergoes Rapid Transformation
The village's newfound popularity has prompted local authorities to invest in renovations, giving the village a fresh new look.
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Trump Says China Taking Taiwan Would Be "Catastrophic"
US President Donald Trump said Monday that a Chinese invasion of Taiwan would be "catastrophic," as the island's chipmaking titan TSMC announced major investment in the United States.
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China's Tech Giant Alibaba To Invest $50 Billion In AI, Cloud Computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.
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Trump Orders Tighter Curbs On Chinese Investments In Key Sectors
US President Donald Trump has signed a memo calling for curbs on Chinese investments in strategic sectors like technology and critical infrastructure, a move Beijing slammed on Saturday as "discriminatory."
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Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
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"National Security Risk": Canada Orders Shutdown Of TikTok's Offices
Ottawa last year began reviewing TikTok's plan to invest and expand its business in Canada. ByteDance is TikTok's Chinese parent company.
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BYD and other Chinese Manufacturers Reportedly Looking to Double Overseas Capacity
Amidst the ever growing competition in China, Companies like BYD and other manufacturers are investing heavily in European plants.
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China's Gen-Z Consumers Are Increasingly Investing In 'Gold Beans', What Are These?
These pill-like beans only weigh approximately one gram and are priced between 400 and 600 RMB (R s5,209 and 7,814) per unit.
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At Davos, China Says Investment In Their Market "Opportunity", Not "Risk"
Chinese Premier Li Qiang said on Tuesday in Davos the Chinese economy was open for business and highlighted its potential for foreign investment as its vast population becomes rapidly more urban and its middle class is forecast to grow.
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US Pension Funds Invest Billions In China Despite Security Fears: Report
In all, the Future Union report said, various US public pension funds have more than $73.28 billion in Chinese stocks.
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Foxconn to Invest Over $1.5 Billion in India; Sent Chinese Engineers to Train Workers This Year: Reports
Apple supplier Foxconn will invest over $1.5 billion (roughly Rs. 12,500 crore) in India as the company looks to expand production of Apple's iPhone in the country, according to a report. The move comes a year after the Taiwanese firm's factories in China were severely impacted by the country's strict COVID-19 restrictions in 2022. The company also...
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Chinese Firms To Invest Nearly $1 Billion In Northern Mexico
A Chinese supplier for Tesla and a Chinese technology company will invest nearly a billion dollars in the northern Mexican state of Nuevo Leon where the automaker is planning a new factory.
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At G20, Italy Tells China It Plans To Exit Belt And Road Project: Report
Giorgia Meloni privately signalled to Chinese Premier Li Qiang that Italy is planning to exit from an investment pact that has become a test of her nation's relations with the US.
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Ubisoft Forms New Subsidiary for Assassin's Creed, Far Cry and Rainbow Six Franchises Backed by Tencent
Ubisoft is forming a new dedicated subsidiary for its core IPs of Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six in an effort to transform its operations, the company announced Thursday. The new entity will be backed by a €1.16 billion investment from Chinese conglomerate Tencent, which will hold a minority stake in the subsidiary.
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Despite Anti-Corruption Drive, Xi Jinping's Family Holds Millions: Report
Chinese President Xi Jinping's relatives continue to possess millions of dollars in business ventures and financial investments, Radio Free Asia reported, citing a recent report from US sources.
-
DeepSeek Founder's Village Turns Into Tourist Hotspot, Undergoes Rapid Transformation
The village's newfound popularity has prompted local authorities to invest in renovations, giving the village a fresh new look.
-
Trump Says China Taking Taiwan Would Be "Catastrophic"
US President Donald Trump said Monday that a Chinese invasion of Taiwan would be "catastrophic," as the island's chipmaking titan TSMC announced major investment in the United States.
-
China's Tech Giant Alibaba To Invest $50 Billion In AI, Cloud Computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.
-
Trump Orders Tighter Curbs On Chinese Investments In Key Sectors
US President Donald Trump has signed a memo calling for curbs on Chinese investments in strategic sectors like technology and critical infrastructure, a move Beijing slammed on Saturday as "discriminatory."
-
Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
-
"National Security Risk": Canada Orders Shutdown Of TikTok's Offices
Ottawa last year began reviewing TikTok's plan to invest and expand its business in Canada. ByteDance is TikTok's Chinese parent company.
-
BYD and other Chinese Manufacturers Reportedly Looking to Double Overseas Capacity
Amidst the ever growing competition in China, Companies like BYD and other manufacturers are investing heavily in European plants.
-
China's Gen-Z Consumers Are Increasingly Investing In 'Gold Beans', What Are These?
These pill-like beans only weigh approximately one gram and are priced between 400 and 600 RMB (R s5,209 and 7,814) per unit.
-
At Davos, China Says Investment In Their Market "Opportunity", Not "Risk"
Chinese Premier Li Qiang said on Tuesday in Davos the Chinese economy was open for business and highlighted its potential for foreign investment as its vast population becomes rapidly more urban and its middle class is forecast to grow.
-
US Pension Funds Invest Billions In China Despite Security Fears: Report
In all, the Future Union report said, various US public pension funds have more than $73.28 billion in Chinese stocks.
-
Foxconn to Invest Over $1.5 Billion in India; Sent Chinese Engineers to Train Workers This Year: Reports
Apple supplier Foxconn will invest over $1.5 billion (roughly Rs. 12,500 crore) in India as the company looks to expand production of Apple's iPhone in the country, according to a report. The move comes a year after the Taiwanese firm's factories in China were severely impacted by the country's strict COVID-19 restrictions in 2022. The company also...
-
Chinese Firms To Invest Nearly $1 Billion In Northern Mexico
A Chinese supplier for Tesla and a Chinese technology company will invest nearly a billion dollars in the northern Mexican state of Nuevo Leon where the automaker is planning a new factory.
-
At G20, Italy Tells China It Plans To Exit Belt And Road Project: Report
Giorgia Meloni privately signalled to Chinese Premier Li Qiang that Italy is planning to exit from an investment pact that has become a test of her nation's relations with the US.
