Bloomberg Ousted Bitmain Technologies Ltd co-founder Micree Zhan Ketuan has initiated a legal case to try to regain his position, escalating a battle for control of the world’s biggest miner of cryptocurrency. Great Simplicity Investment Corporation, owned by the engineering whiz-turned-entrepreneur, filed a summons in December in which he asked a Cayman Islands court to reverse a shareholder decision that ...

Bloomberg Hong Kong unveiled a plan to deal with infectious diseases after a mysterious pneumonia outbreak in the central Chinese city of Wuhan. The government classified the response level as “serious” — the second-highest scale of action in its three-tier system, with the top-most being emergency, according to the Department of Health. The public hospitals in Hong Kong have reported ...

Bloomberg Carmakers extended a streak of strong US sales by slathering on the incentives and pumping up deliveries to fleet customers in 2019, calling into question whether the companies can maintain momentum into the new decade. While industrywide deliveries exceeded 17 million for an unprecedented fifth consecutive year, sales slowed in the final months of 2019. General Motors Co and ...