Walmart is paying billion for a 77 percent stake in Flipkart, the company announced Wednesday, with the remainder controlled by existing investors such as Tencent, Microsoft, co-founder Binny Bansal and Tiger Global. The deal is a mix of billion in new equity and Walmart buying out other shareholders. Long-term, Walmart aims to support Flipkart’s transition to a publicly listed subsidiary.
WASHINGTON - White House Senior Advisor Jared Kushner on Monday denied having colluded with the Russian government despite four meetings with Russian nationals during the campaign and the transition period.
WASHINGTON, Dec. 1 -- US President Donald Trump has had "informal" conversation with his Russian counterpart Vladimir Putin on Friday, said the White House on Saturday.
Walnut planting areas in China account for about 300,000 hectares, located in six major growing areas.
WATFORD, England – A NATO summit this week probably will be most remembered for the friction among national leaders, but earlier in the week, the military alliance's secretary-general said the group's 29 members do not want conflict with Beijing.
Walls, trees and electricity pylons were all torn down by the winds which were followed by fierce lightning storms.
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WUHAN -- Wu Tianjun, a former senior Communist Party of China (CPC) official in central China's Henan Province, has been sentenced to 11 years in prison for taking bribes.
Wan suggested several ways of boosting fundamental research in China, including strengthening the construction of related bases, expanding the talent pool, and promoting zero-tolerance for academic misconduct.
WASHINGTON - US civil rights pioneer and Congressman John Lewis has died at age 80, according to US House Speaker Nancy Pelosi on Friday.
Wang Huiyao, founder of the think tank Center for China and Globalization, said that Xi's remarks on foreign experts had shown the direction of the country's talent policy.