car

The US private equity firm was one of the cornerstone investors in the Chinese auto rental company's IPO last autumn.

The Chinese car rental company is the first Asian borrower to announce a global roadshow for a maiden dollar-denominated bond issuance in 2015.

LightInTheBox becomes the first Chinese company to list in the US since November last year. The stock jumps more than 17% at the start of trading.

China's banks will need to raise large amounts of capital this year to continue their aggressive lending and still meet the regulators' capital adequacy requirements.

At a price tag of one million euros, Bugatti Veyron is the world''s fastest car.