Business news

China's Uber-style taxi app raises $2 bn

China's top taxi hailing app Didi Kuaidi announced Wednesday it raised $2.0 billion in two weeks, after reports said US rival Uber planned to invest $1.1 billion in the country this year.

dateJul 08, 2015 in Business
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CEO of Japan's Toshiba resigns over doctored books

Toshiba's CEO and eight other executives resigned Tuesday to take responsibility for doctored books that inflated profits at the Japanese technology manufacturer by 152 billion yen ($1.2 billion) over several years.

dateJul 21, 2015 in Business
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