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China's Tencent, JD.com invest $863 million in online retailer Vipshop Chinese internet giant Tencent Holdings Ltd said on Monday it would lead an $863 million investment in apparel platform Vipshop Holdings Ltd , upping its rivalry in retail with Alibaba Group Holding Ltd. Tencent will invest $604 million in exchange for a 7 percent stake in Vipshop, while e-commerce firm ...
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Break in winds helps California battle historic wildfire Officials called Sunday one of their most productive days so far in battling the blaze during a late-day news conference. The fire is now 45 percent contained. Firefighters were employing more than 970 fire engines and 34 helicopters to battle the blaze. Bakersfield Fire Department Captain Tim Ortiz ...
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Protests in Vienna as far-right ministers enter Austria's government The coalition deal makes Austria the only western European country with a far-right presence in government. At 31, Kurz is the youngest head of government in Europe. Kurz's People's party won 32% of the vote in October's elections, securing 62 seats in the 183-seat national council. The Freedom party ...
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Billionaire Pinera Regains Presidency in Chile on Growth Pledge It was a victory for those who believe fervently in growth first -- and equality second -- and it was one that had suddenly looked in doubt in the final days of the campaign. But Pinera wound up capturing 54.6 percent of the vote to just 45.4 percent for his rival Alejandro Guillier of the ruling center-left ...
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