Chinese multinationals should do this for long-term success, according to Sir Martin Sorrell

Chinese multinational companies in search of global domination should probably build their business around specific product groups, instead of trying to diversify into too many verticals, said Sir Martin Sorrell, the CEO of WPP Group. Speaking to CNBC’s...

Fanli mulls China IPO, aims for 100 billion yuan of online trading

Fanli.com, a Shanghai-based directory for online shopping funded by Walt Disney’s Steamboat Ventures, said it is considering an initial public offering on China’s A-shares market. “The accelerated IPO pace in China heightened our hopes for a share...

Trump Shifting Authority Over Military Operations Back to Pentagon

The change reverses what aides say was the Obama administration’s tendency to micromanage, but it could raise questions of whether the president is exercising enough oversight.