The latest coronavirus news from Canada and around the world Monday. This file will be updated throughout the day. Web links to longer stories if available. 5:35 a.m. South Korea’s daily average of …
Monthly Archives For March 2022
China locks down Shanghai, its biggest city, as Omicron fuels record surge in COVID cases
Locking down the entire global financial hub’s population of 25 million all at once was deemed too big a risk, so it has been split in half for a phased shutdown.
China begins massive COVID lockdown of Shanghai and its 26 million residents
Life in much of the U.S. is returning to some semblance of normal following the winter COVID-19 wave, but China is ratcheting up its strict mitigation measures to quash its relatively small outbreak.
U.S. and Philippine forces stage large war exercises likely to rankle China
Thousands of U.S. and Filipino troops have begun one of their largest joint combat exercises in years, in a show of U.S. force not far from Taiwan.
Tesla halts production in Shanghai as COVID lockdowns split China’s financial capital in two
Health authorities in Shanghai placed half of the Chinese financial capital under COVID lockdown Monday, essentially dividing the city of 26 million into east and west districts, separated by the …
Oil drops over 4% as Covid cases force new lockdowns in China, while Russia and Ukraine talks resume
Oil dropped over 4% as Covid cases rose in China, while supply worries receded as Ukraine said it was prepared to discuss neutrality status.
China Will Overcome Battery Materials Shortage by 2025, Gotion Chief Says
Chinese battery material suppliers are expanding production so the tight supply that has been driving price hikes should ease, according to the chief of Volkswagen-backed Gotion High-Tech. The annual …
China’s Exports of Aluminium Ingots in the First Two Months of 2022 Mainly Came from Bonded Warehouses
According to the latest customs data, China exported a total of 30,700 mt of unwrought non-alloy aluminium in the first two months of this year, a year-on-year increase of 1,833%. SHANGHAI, Mar 28 …
BL Explainer – Crypto Taxation: Why it is punitive and deterring
What is all the fuss about taxing crypto assets? The Union Budget contained a rude shock for users and traders of crypto and other virtual digital assets. All transfers or sale of these assets was…
Private equity firm PAG seeks US$2 billion from listing as Hong Kong widens IPO market to SPACs, non-traditional firms
PAG has US$50 billion of assets under various investment strategies including credit, absolute return, real estate and buyout Co-founders to hold shares with 10 times more voting power over ordinary …
China’s Huawei says 2021 sales down, profit up
Chinese telecom equipment maker Huawei says its 2021 sales fell but profit rose 76% despite U.S. sanctions in a year when its chief financial officer was released by Canadian authorities, ending a sta …
China property: Audit delays ramp up
While commenting on similar auditor changes at Ronshine China Holdings and Powerlong Real Estate Holdings, Lucror analysts raised doubts over how the new auditors can undertake new work during the …
AI in Blockchain Market, Global Outlook and Forecast 2022-2028
The global AI in Blockchain market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period. The U.S. Market is Estimated…
