Business

Big Chinese firms fined over anti-monopoly law

China fined 11 companies including tech giant Tencent on Friday, taking aim at their acquisitions and joint ventures as authorities target monopolistic practices.

Second-hand site Vinted happy to scare clothing retailers

With more than 1.3 billion euros ($1.5 billion) in sales last year on its platform and a new acquisition under its belt, second-hand clothes innovator Vinted believes it is starting to scare fashion retailers—for the good ...

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Mergers and acquisitions

The phrase mergers and acquisitions (abbreviated M&A) refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow rapidly without having to create another business entity.

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