When Tencent announced it had formed a new education brand this week, the internet giant wasn’t just flexing its muscles to conquer China’s booming online education sector. The new initiative is also an early result of Tencent’s long plan to foster more internal collaboration at a time when its core businesses, the lucrative video gaming segment and the billion-user WeChat,  are under …

With insurers shouldering a record $160 billion in climate-related losses from last year alone, a group, including 30 central banks, called for measures to spur green finance and better assessment of the risks from higher global temperatures. The move, led by the Bank of France, Bank of England and People’s Bank of China, draws the group deeper into a controversial …

HIGHLIGHTS Xiaomi will sell a range of products in its first Western Europe market It will offer the Xiaomi Mi A1 smartphone in Spain Scooters, air purifiers, and coffee makers will also be sold Chinese smartphone maker Xiaomi launched sales in Spain on Tuesday, its first foray into Western Europe as it revs up a stalled global push into other developed markets …

HIGHLIGHTS Apple supplier Wistron is reportedly looking to expand production Wistron executives are said to be looking for about 100 acres of land Wistron may use expanded facilities for other brands as well Apple’s primary iPhone assembler in India is scouting for about 100 acres of land in Bengaluru to expand its facilities for the world’s most valuable company, according to people familiar …

The UK’s Department for International Development has announced £100m of funding to help 175,000 of the world’s poorest girls get an education. The push will include smartcards that monitor attendance and offer incentives for families to send their daughters to school. It will also deploy satellite broadband to improve connectivity in rural areas. Putting girls through school is increasingly seen …