JD.com Inc., the Chinese retailing website that filed for a $1.5 billion U.S. initial share sale in January, may kick off its offering in the second quarter, three people with knowledge of the matter said.
Lenovo Group Ltd. made the largest overseas technology acquisition by a Chinese firm this month when it acquired a server business from International Business Machines Corp. Repeating the trick less than a week later took a little help from Google Inc.
The U.S. needs to address rising debt and reduce political discord if it wants further investment from foreign companies such as Volkswagen AG, the top U.S. executive for Europe’s biggest carmaker said.
Volkswagen AG handpicked a group of 25 U.S. auto dealers two years ago for a three-day trip to its headquarters. Off-road drives in a Touareg sport-utility vehicle and a glimpse at future products were capped by dinner with German beers in the medieval Wolfsburg Castle.
Lenovo Group Ltd. will pay International Business Machines Corp. a fee that’s more than double the typical size should it fail to acquire IBM’s low-end server unit, people familiar with the matter said.