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BUSINESS

Volvo Cars Announces IPO Plan That Could Value It at $25 Billion

Business, Published on 06/10/2021

» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.

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BUSINESS

Myanmar business mood darkens amid Rakhine outrage

Asia focus, Larry Jagan, Published on 24/09/2018

» Myanmar is stepping up efforts to attract foreign investment and spur economic development. A diplomatic offensive to improve the country's tarnished international image is part of the campaign, but western companies are not being swayed.

BUSINESS

Philip Morris bets on a smoke-free future

Business, Published on 16/01/2018

» Philip Morris International is switching its strategy to emphasise its heat-not-burn tobacco products, which, according to studies submitted to the US Food and Drug Administration, contain less harmful agents than traditional cigarettes.

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BUSINESS

Escape from North Korea

Asia focus, Alexi Demetriadi, Published on 24/07/2017

» 'I left my home in North Korea in August 2014," Joon Hee recalls. A North Korean defector who has been living and working in Seoul for almost three years, she is like the hundreds of others who make the journey through China to South Korea, seeking a better life in the south.