Shanghai Daily: Business

• A flat year for M&As, but private firms busy
  The value of China’s mergers and acquisitions in 2018 remained flat at US$678 billion, with record private equity activity offsetting the decline in outbound M&
• Foreign money pours in as city’s policies pay off
  Shanghai posted rapid growth in attracting foreign funds in January, with the number of new foreign-funded projects jumping 69.1 percent year on year to 563 in the month.
• Honda to close British car plant, thousands of workers to be hit
  Honda will close its only British car plant in 2021 with the loss of up to 3,500 jobs, a major departure of Japanese investment announced just over a month before the United Kingdom is due to leave the
• Tills ring out at Walmart as holiday sales beat forecasts
  Walmart Inc reported an estimate-beating jump in holiday quarter sales yesterday as a strong economy boosted consumer spending and fueled more e-commerce purchases, sending shares of the world’s largest
• BOE ‘must step in if no-deal Brexit’
  The Bank of England would have to step in to pump emergency money into the economy if Britain left the European Union without a deal, a junior business minister said yesterday.