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SHANGHAI (Reuters) - Shares of Chinese food delivery giant Meituan slumped further on Tuesday in a sell-off precipated by the social media posting by its chairman of an ancient poem that was perceived by some as criticising the government and President Xi Jinping.
LONDON (Reuters) - Volkswagen and BMW's plans to grab market share in the fast-growing electric car market and challenge Tesla could shift the dial for their cheaply priced shares.
Struggling telecoms equipment maker Ericsson is looking to expand the scope of its partnership with Cisco as it hunts for ways to offset weaker growth for the industry over the next two years.