Chinese owner of AC Milan fails to pay 32 million euros to Elliott - source
Friday, 6 July 2018 MILAN (Reuters) - The Chinese majority owner of Italy's AC Milan failed to pay back U.S. fund Elliott 32 million euros ($37.6 million) it was supposed to inject last week in the club in a cash call agreement, a source told Reuters on Friday.
China is the world leader in facial recognition technology. Discover how the country is using it to develop a vast hyper-surveillance system able to monitor and target its ethnic minorities, including..
BEIJING (Reuters) - China has ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in overdue taxes and fines, state news agency Xinhua said on Wednesday, as a crackdown..