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Bing Fan Image, a major wedding photography studio based in Beijing, said they will start shooting photos from March 20. Most of those who booked reservations to take photos in February and March changed their dates to sometime between May and July.

Big picture: The spending spree by Amazon comes amid a larger wave of technology mergers-and-acquisitions,?resulting from U.S. tax reform and?other favorable conditions for M&A activity.

Both companies' shares rocketed in 2019 and the first month of 2020 saw them reach record highs.

Bollore stood by Ghosn for a long time after his arrest, sparking anger at Nissan, whose internal investigation brought down its former boss. Another source said Senard "had pushed for this appointment but the Japanese refused at the beginning." Senard has been sitting on the Nissan board since he was elected to replace Ghosn at a shareholders' meeting in April. "For Renault, it's about having someone on the board, next to Senard, who knows the story, a heavyweight who will share Senard's views," said the second source.

Bloomberg reported that the Chinese government has spent 59 billion yuan through 2015 on new energy car subsidies, and it may need to set aside 83 billion yuan more for 2016 and the current year.