The trade sector, which accounts for about a third of gross domestic product and employed 180 million people in 2020, is losing momentum as widening anti-virus curbs ensnared supp …
Monthly Archives For May 2022
Nvidia Fined $5.5 Million For Failing To Acknowledge Crypto Sales
The report states, Some of the company’s sales personnel, in particular in China, reported what they believed to be significant increases in demand for Gaming GPUs as a result of crypto-mining.
Nvidia Fined $US5.5 ($8) Million For Failing To Acknowledge Crypto-Miners Juiced Its Profits
The report states, Some of the company’s sales personnel, in particular in China, reported what they believed to be significant increases in demand for Gaming GPUs as a result of crypto-mining. In …
VistaREIT, Raslag IPOs okayed
THE Securities and Exchange Commission (SEC) greenlighted the initial public offerings (IPO) of VistaREIT Inc. and energy firm Raslag Corp.The commission on Thursday disclosed …
Nuclear War Threat Drives Greater Divide Between U.S., China
“We are facing a crisis deterrence dynamic right now that we have only seen a few times in our nation’s history,” Admiral Charles Richard said during a subcommittee hearing this week.
China building collapse kills 53, search for trapped ends
A building collapse one week ago in central China killed 53 people, state media reported Friday, as the search of the large pile of debris ended after rescuers found 10 survivors.
Peter Ma: China’s shy insurance tycoon bursts into the limelight
The Ping An chair engineered an activist attack on HSBC, demanding the lender split its Asian and western operations …
China c.bank to launch relending facility to aid transport, logistics
China’s central bank said on Friday it launch a 100 billion yuan ($15 billion) relending facility to support the transport, logistics and storage sectors which have been hit hard by COVID-19.
Nvidia fined $5.5 million for hiding how many gaming GPUs were sold to crypto miners
Nvidia will pay $5.5 million to settle charges that it unlawfully obscured how many of its graphics cards were sold to cryptocurrency miners. The US Securities and Exchange Commission announced the …
China lockdowns weigh on Adidas’s Q1 profit
German sportswear heavyweight Adidas on Friday reported a drop in its profits in the first quarter, as widespread coronavirus lockdowns hurt business in key market China. The group’s net profit from …
Adidas, Pummeled by China Lockdowns, Offers Weak Guidance
More from Footwear News Foot Locker Banks on New Adidas Partnership as Nike Scales Back Product at the Retailer adidas and Jeremy Scott Revive Their Iconic JS Wings Sneakers in Two Versatile Colorways …
Asian Games in China postponed due to spike in coronavirus cases
A rise in cases of coronavirus in China has forced the Olympic Council of Asia to postpone the Asian Games and cancel the Asian Youth Games …
China’s top leaders reiterate support for COVID Zero strategy
China’s top leaders warned against questioning Xi Jinping’s COVID Zero strategy, as pressure builds to relax virus curbs and protect the economic growth that has long been …
