Fosun

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For the vaccine to work, two doses that are taken three weeks apart will be needed. Photograph: EPA/RONALD WITTEK / ANDREW GOMBERT

Positive data on BioNTech and US partner Pfizer’s COVID-19 vaccine is an unlikely success for the married couple behind the German biotech firm, who (...)

In the clinical study, 24 people between the ages of 18 and 55 who received two doses of the vaccine had “significantly elevated” antibodies within four weeks of their first injection. Photograph: iStock

A coronavirus vaccine from Germany’s BioNTech has yielded positive trial results, generating immune defences in participants that were stronger than t(...)

Thomas Cook fell into liquidation on September 23rd after its creditors and largest shareholder failed to agree a deal to save the  travel company. Photograph: Getty

Thomas Cook’s shop estate has been bought by independent travel agents Hays Travel in a deal that could see it re-employ many of the collapsed travel (...)

The first flight repatriating stranded Thomas Cook passengers from New York was due to arrive in Manchester at about 5pm Irish time. File photograph: PA Wire

The collapse of Thomas Cook spread chaos through the international travel industry on Monday as the failure of the 178-year-old travel company left hu(...)

Hong Kong-listed Fosun, already Thomas Cook’s biggest shareholder,  has submitted a preliminary approach, the UK company said on Monday

Thomas Cook surged as much 24 per cent after confirming it received an offer for its tour-operator business from Chinese investor Fosun International.(...)

Thomas Cook is open to divesting its airline business. Photograph: Paul Hanna/Reuters

Thomas Cook Group shares rose the most in more than two months after the UK tour operator confirmed it’s open to a possible deal for its airline busi(...)

Wu Xiaohui, former chairman of China’s giant insurer Anbang, has expressed remorse and sought leniency at the end of his trial for alleged fraud of $10.4 billion (€8.45 billion).

Wu Xiaohui, the former chairman of China’s giant insurer Anbang, has expressed remorse and sought leniency at the end of his trial for alleged fraud o(...)

News of the regulator’s investigations hit shares in some of the companies, which are among China’s biggest blue-chips. Photograph: Reuters

Regulators in China have stepped up their scrutiny of bank lending to local firms engaged in large-scale overseas acquisitions, including HNA, which b(...)

Fosun, led by billionaire chairman Guo Guangchang, announced a deal in May 2015 to buy the 80 per cent of Ironshore it didn’t already own. Photograph:  AFP/Getty

Liberty Mutual, the fourth-largest property and personal injury insurer in the US, has agreed to buy Ironshore from Fosun International for about $3 b(...)

The Chinese business world has been rattled by the corruption investigations. Photograph: Reuters

The billionaire founder of Metersbonwe, one of China’s best-known fashion brands, has gone missing, the latest in a series of Chinese business people (...)

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