As Chinese firms acquire their foreign counterparts, European lawmakers are putting on the brakes. But can Europe afford to be worried?
The German government has said it wants to be able to intervene earlier if a non-EU investor acquires 15 percent of a German company. Berlin has been wary of Chinese and US investors moving to take over key tech firms.
German chemicals and pharmaceuticals giant Bayer has reported lower earnings for its second quarter. The drop came as the firm presented its first financial statement after the mammoth takeover of Monsanto.
A decade after the Sri Lankan Civil War, the country’s economy is growing fast. The government has big plans, but high debt levels — and high levels of Chinese influence — cast a cloud as the country seeks investors.
The acquisition of the Italian fashion house will cost Michael Kors about $2 billion. It's the latest iconic fashion brand that falls into the hands of the US group after it bought British stiletto-heel maker Jimmy Choo.
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