Fantasia Says Winding-Up Petition Filed Against Key Subsidiary 
 

Fantasia Holdings Group Co. said a winding-up petition was filed against one of its main subsidiaries, adding to the financial troubles at the Chinese property developer.

 
Antitrust Tech Bills Gain Bipartisan Momentum in Senate 
 

Support for curbing large technology companies' market power is widening in the Senate, with lawmakers in both parties endorsing new legal constraints on search engines, e-marketplaces, app stores and other online platforms.

 
Drugmakers Gear Up for Price Restrictions 
 

The industry potentially faces a significant expansion of government regulation despite success in watering down Democratic proposals in the social-spending and climate bill.

 
Uber CFO Focuses on Revenue Growth After Profitability Milestone 
 

Nelson Chai said the company wants to keep improving adjusted Ebitda but long-term growth is "the real focus point."

 
Bumble Investors Should Be More Thankful 
 

Bumble may never have the broad appeal of dating giant Match Group, but it is looking more lovable.

 
Rémy Cointreau Moves Into Luxury's Big League 
 

Should a company selling expensive liquor that can be polished off in a night be valued as highly as one that makes heirloom handbags? Potent half-year profits strengthen Rémy Cointreau's argument.

 
China's State-Run Firms Limit Use of Tencent's Messaging App 
 

Managers at some state-run companies told employees that chat groups set up for work purposes on Weixin could contain sensitive information and should be shut down.

 
New York Times' Wirecutter Staff Goes on Strike Ahead of Black Friday 
 

Staff at the product-review website plan to strike through Nov. 29-Cyber Monday-a popular online shopping day that comes days after Black Friday, and is one of the site's busiest and most profitable of the year.

 
Paytm Flop Will Skim Froth Off India's IPO Market 
 

The disappointing performance of India's largest IPO will cool sentiment a bit, but a dose of reality could make for a healthier market.

 
Remy Cointreau Confident on Outlook after Strong First Half 
 

UPDATED: Shares in Remy Cointreau rose sharply after the drinks group posted consensus-beating first-half profits and raised its full-year earnings forecasts.

 
 

(END) Dow Jones Newswires

November 25, 2021 19:15 ET (00:15 GMT)

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