There are indications that Apple could review downwards its production targets due to COVID-19 curbs affecting its China operations. Sources point to a possible decline of up to 30% at one of the …
Monthly Archives For November 2022
Oil slides as China factory gauge slumps; natural-gas futures move sharply higher
Oil futures fall Monday, feeling pressure after a weak reading on China factory activity and a widening of COVID-19 curbs. Beaten-down natural-gas futures jump.
Why Mark Pincus sold Zynga for $12.7B and still has unfinished business with blockchain games
Mark Pincus sold Zynga to Take-Two for $12.7B. But he believes games aren’t done, and blockchain could be the path forward.
HK could expand crypto rules
In contrast to China where crypto has been all but banned, Hong Kong is looking to relax regulations and claw back some of the business that has left. Years of strict COVID-19 pandemic controls and…
China bars GSK from bulk-buy drug programme for 18 months
even as China announced a loosening of visa rules for visitors to the world’s biggest gambling hub. Healthcare & Pharmaceuticals Fresenius cuts profit guidance again on slower recovery, rising costs, …
Workers flee strict Covid-19 lockdown at iPhone factory in China
After enduring days of being locked down at Foxconn’s iPhone factory in China with 200,000 other workers, many are making a run for it. A Covid-19 outbreak at Apple’s largest iPhone assembly factory …
China’s Xi greets Vietmanese ally with ceremony, call for defiance
Chinese President Xi Jinping told the visiting leader of Vietnam’s ruling Communist Party on Monday that both countries and parties should “never let anyone interfere” with their progress, state …
‘China’s Next Act’: Sustainability and Technology in China’s Rise
The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This …
China Dismisses ‘Fabricated’ Virus Leak Theory Revived by Report
China lashed out at a report about a lab in the city of Wuhan where the coronavirus first appeared, saying it was driven by politics in the US.Most Read from BloombergMusk Posts Then Deletes Tweet…
The US is reportedly prodding European allies to impose trade sanctions on China
The Biden administration is pushing restrictions on China that would be similar to the export controls imposed on Russia, sources told Bloomberg.
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