Billionaire investor William Ackman is stepping up his crusade against Herbalife's sales practices in China, but Breakingviews' Peter Thal Larsen says he may not get the remedy he hopes for.
Growing numbers of Chinese are using a state-backed bank card to illegally spirit billions of dollars to Macau, the world's biggest gambling hub, an examination by Reuters' James Pomfret has found.
Amazing CCTV footage captures the moment a pram rolls under a train - and the baby boy survives
THIS incredible CCTV footage shows the moment when a pram rolls under a train in Melbourne and the baby boys survives - just seven months after an almost identical incident. The 15-month-old boy is the latest accident survived without any serious injuries, thanks to the quick thinking of the driver. He stopped the train as quickly as possible, grabbing the pushchair from under the front of the train. Moments before, the pram was dragged along the tracks for several meters while the boy's grandmother, three year old brother and other members of the public looked on in horror. The grandmother of the boys told paramedics afterwards she only turned away for a second when the near tragedy occurred. She was also with the baby's three-year-old brother, who luckily was standing with her at the time.