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Top China movie ticket app flips IPO script with Xiaomi backing

HONG KONG: Maoyan Entertainment, the Chinese online movie ticketing platform that launched its initial public offering last week, is giving investors more time to decide on its merits now that it’s attracted Xiaomi Corp. to the deal.

Small electric cars may be unaffordable for some

BERLIN: The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the chairman of Volkswagen said in an interview published on Sunday

"We have the clear goal of making electromobility accessible to a broad section of the population, that is to make it affordable," VW chairman Hans-Dieter Poetsch(pic) said,

Detained ex-Nissan executive Ghosn promises not to flee Japan if freed

TOKYO: court will hear on Monday ousted Nissan Motor Co Chairman Carlos Ghosn promise on Sunday to remain in Japan and follow restrictions in exchange for his release from jail in the latest effort to persuade a court to grant him bail while he awaits trial on charges of financial misconduct.

Passersby are silhouetted as a huge street monitor broadcasts news reporting ousted Nissan Motor chairman Carlos Ghosn's indictment and re-arrest in Tokyo, Japan Dec. 10, 2018. - Reuters filepic

British PM considering amending deal to solve Brexit deadlock

LONDON: British Prime Minister Theresa May is considering solving the Brexit deadlock by amending the Good Friday agreement after abandoning attempts to negotiate a cross-party deal, the Daily Telegraph reported late on Sunday.

Britain's Prime Minister Theresa May leaves church, near High Wycombe, Britain, Sunday, January 20, 2019.  - Reuters