When China’s lockdowns ease, Cox expects the delayed cargoes … But in the first quarter, Maersk took a $718 million hit due to the wind down of its Russia business after the invasion of Ukraine.
Monthly Archives For May 2022
US Secretary of State Antony Blinken tests positive for Covid-19 ahead of China policy speech
US Secretary of State Antony Blinken tested positive for Covid-19 on Wednesday, the US State Department said … Blinken was expected to deliver a speech outlining US policy towards China at …
Blinken address on China to be rescheduled following positive COVID test
Photo by Paul Morigi/Getty Images A speech on U.S.-China relations that Secretary of State Antony Blinken was set to give on Thursday will be rescheduled in light of Blinken’s positive COVID-19 …
Beijing shuts some subway stations to curb COVID-19 spread
BEIJING (AP) — China’s capital on Wednesday closed 60 subway stations, more than 10 percent of its vast system, as an additional measure against the spread of the coronavirus. Forty stations were …
China will also have to fall in line with SL’s debt restructuring process: CB Governor
However, when he called on Finance Minister Ali Sabry at the Finance Ministry this Monday, he reassured China’s unstinted support in resolving the economic crisis while stressing that they support the …
Q&A: How China Is Exporting Tech-Based Authoritarianism Across the World
So we’ve got to do something about it. Q: You’ve been particularly vocal about techno-authoritarianism in China — to the extent that you can no longer visit or do business there after officials …
China demand worries dull oil price impact of EU’s Russian embargo plan
Traders and analysts said the muted price response reflected the long-build up to the announcement, the phased-in approach, suppressed oil demand in China due to a resurgence of coronavirus and the …
China-linked APT Caught Pilfering Treasure Trove of IP
A state-sponsored threat actor designed a house-of-cards style infection chain to exfiltrate massive troves of highly sensitive data. Researchers from Cybereason’s Nocturnus Team have uncovered …
Five Things to Know About China’s Draft Rules on Local Financial Institutions
China’s central bank has issued a set of draft regulations to tighten up supervision of local financial institutions, but some proposed rules have raised concerns among industry insiders. The draft …
Estée Lauder: Temporary China Disruption Since Q3 FY22 Presents Bargain
Ad management described its North American business as “accelerating” on the Q3 call. Weak sales in China appears to be supply-driven, and the demand for Beauty products remains robust.
Moncler sales surge 60% in first quarter on double-digit China growth
To receive the Vogue Business newsletter, sign up here … with double-digit growth in China despite the lockdowns in some cities, including Shanghai and Shenzhen. Lockdowns in China continued in …
China Eastern: Q1 Earnings Snapshot
SHANGHAI, China (AP) _ China Eastern Airlines Corp. (CEA) on Tuesday reported a loss of $1.22 billion in its first quarter. On a per-share basis, the Shanghai, China-based company said it had a loss …
Coronavirus: Beijing restricts public transport as COVID spreads in China
The central city of Zhengzhou earlier also announced restrictions, joining dozens of big population centres under some form of lockdown as China seeks to eliminate a virus believed to have first …
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