As the diamond industry re-emerges from the COVID-19 shutdown, Everledger CEO Leanne Kemp urges business leaders to widen their perspective on what really matters to consumers. ( read original story …)
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Iconix Brand Group Is Open to Selling Itself as It Looks to Tidy Balance Sheet
Iconix Brand Group Inc. has opened itself up to a sale. The New York-based brand management house, parent to brands such as Rocawear, Pony, Danskin and Joe Boxer, informed the Securities and Exchange … (…
U.S. Shift in South China Sea Raises Risk of Clash on the Water
The Trump administration’s move to brand most of Beijing’s claims in the South China Sea a violation of international law doesn’t mean much on its own: China has repeatedly refused to acknowledge the … (…
First companies obtain regulatory approval for IPOs under new ChiNext system
Three Chinese companies have become the first to obtain regulatory approval to publicly list on Shenzhen’s start-up board ChiNext, after a recent reform aimed at fast-tracking initial public offerings … ( read original story …)
Russia, China Forge Uneasy Anti-U.S. Relationship Amid COVID-19
Presidents Vladimir Putin and Xi Jinping have been publicly drawing closer during the COVID-19 pandemic, but deep issues remain that will hamper the development of a unified anti-Western bloc. ( read original story …)
Futures rise with bank earnings in focus
U.S. stock index futures rose on Tuesday as investors geared up for quarterly earnings reports from the big U.S. banks to provide clues on corporate America’s expectations for the pace of an economic … (…
China posts first import growth since pandemic, exports also up
Exports also rose unexpectedly, up 0.5%, suggesting global demand is starting to pick up again as many countries begin to ease tough anti-virus measures that have pushed the world’s economy into its … ( read…
Dow Jones: Trump Administration Rejects Beijing’s South China Sea Claims; China To Sanction Lockheed Martin, Covid-19 Stock Rally Soars
The S&P 500 and the Dow futures are also under the influence of the news that the Trump administration has further escalated the already existing tensions with China. ( read original story …)
Japan accuses China of spreading ‘propaganda’ and ‘disinformation’ during coronavirus pandemic
The ‘disinformation’ from China included online claims that the virus was brought to the country by a US military member and that Chinese herbal remedies could treat the disease, Japan claimed. ( read original story…
UK to purge Huawei from 5G by 2027, angering China and pleasing Trump
Prime Minister Boris Johnson ordered Huawei equipment to be purged completely from Britain’s 5G network by 2027, risking the ire of China by signalling that the world’s biggest telecoms equipment … ( read original story…
Caught in ‘Ideological Spiral,’ U.S. and China Drift Toward Cold War
Relations are in free fall. Lines are being drawn. As the two superpowers clash over technology, territory and clout, a new geopolitical era is dawning. ( read original story …)
Is Huawei a bargaining chip in the US-China trade war?
It is in the West’s interest that every technology platform has Western values … US was in violation of the existing trade deal with China when it imposed restrictions on China’s US business. ( read…
China Retaliates Against Lockheed Martin for Taiwan Parts Sale
China will impose unspecified sanctions on defense contractor Lockheed Martin Corp. after the U.S. approved a possible $620 million deal to supply missile parts to Taiwan, marking the latest in a … ( read original…