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Chinese Brands Are Taking The Global Economy By Storm
Monday, June 17, 2019 - 3:05pm | 589Chinese stocks have taken a big hit from the trade war, with the iShares FTSE/Xinhua China 25 Index (NYSE: FXI) down 13.8% in the past year. While Chinese investors are enduring a near-term dip in the stock market, Chinese brands are growing like wildfire on the international front. BrandZ recently...
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General Electric To Sell Its Appliances Business To Qindgao Haier For $5.4 Billion
Friday, January 15, 2016 - 11:29am | 250General Electric Company (NYSE: GE) announced on Friday that it has reached an agreement with Qingdao Haier to sell its appliances business for $5.4 billion. General Electric noted that the transaction values the appliances business at 10 times the last 12 months of EBITDA and the transaction...
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Qualcomm's Stock Jumps Higher Following New Patent License Agreements
Tuesday, December 29, 2015 - 10:09am | 148Shares of QUALCOMM, Inc. (NASDAQ: QCOM) were trading higher by nearly 2 percent Tuesday morning after the company announced it has entered into a new 3G and 4G Chinese Patent License Agreement with Haier, a Chinese-based home appliances and consumer electronics brand. As part of the agreement,...