Sanjana Shivdas
Stories by Sanjana Shivdas
Luckin Coffee ousts chairman Lu, names Guo as CEO
The move to replace Lu comes just weeks after Luckin said he would stay on as chairman after a proposal to oust him failed to get board approval.
China’s EV startup Faraday Future ends dispute with main investor
The electric vehicle maker got into a legal tussle with Evergrande Health after a planned $2-billion investment went sour.
Australia’s Amcor in talks to buy US packaging company Bemis
A deal could be announced as soon as next week, according to a news report.
SoftBank Vision Fund to invest $2.25b in GM’s autonomous vehicle arm
GM will also invest $1.1 billion in the unit after the deal closes, the company said.
Wyndham to sell European vacation rental biz to Platinum Equity for $1.3b
Wyndham's European vacation rental business operates several local brands, including cottages.com, and generates about $750 million in annual revenue.