HONG KONG, Sept 19 Reuters DCM Ventures is seeking to sell all its remaining shares in Chinese short video platform Kuaisohu Technology to raise up to 479 million, a term sheet seen by Reuters showed on Thursday. The Silicon Valleybased venture capital is offloading 91.66 million shares in Kuaishou with offer price ranging from HK40.28 to […]

BERLIN, Sept 19 Reuters The German government is examining all options to exit Uniper, which it bailed out during the energy crisis triggered by Russia39;s invasion of Ukraine, including a possible sale via the capital market, the Finance Ministry said on Thursday. So far, no final decision has been made regarding the timing and form […]

Sept 19 Reuters Amazon.com announced on Thursday a new artificial intelligence application that it says will help its independent sellers with sales metrics, inventory maintenance and product advertising, among other things. The move is part of a broader Big Tech effort to employ the technology for greater automation. The software, dubbed Amelia, can provide instantaneous answers […]

LOS ANGELES, Sept 19 Reuters The largest theater chains including AMC Entertainment, Regal Cinemas and Cinemark will invest more than 2.2 billion over the next three years to upgrade theaters in the U.S. and Canada, an industry group announced on Thursday. Improvements will be made by the eight biggest theater chains in the region, representing over 21,000 […]

Sept 19 Reuters U.S. railroad Union Pacific said on Thursday it expects its revenue to grow faster than volumes over the next three years, outpacing the market. In the filing released ahead of the company39;s investor day event, Union Pacific forecast an earnings per share compound annual growth rate EPS CAGR in the high single to […]