China’s factory activity grew at a slower pace in May but momentum in the services and construction sectors quickened, pointing to an uneven recovery in the world’s second-largest economy as … ( read original story…
BUSINESS
Guangzhou to set up China’s first blockchain development pilot zone
Guangzhou, capital of Guangdong province, has been approved by the Ministry of Industry and Information Technology to construct the first blockchain development pilot demonstration zone in the country … ( read original story …)
China’s May factory activity expands, but weak orders signal bumpy recovery
China’s factory activity rose for a third straight month in May as companies got back to business after strict measures to contain the coronavirus were eased, but a deep contraction in export orders … (…
China’s May Factory Activity Expands for Third Straight Month
The official manufacturing Purchasing Manager’s Index (PMI) eased to 50.6 in May from 50.8 in April but remained above the 50-point mark that separates growth from contraction on a monthly basis. ( read original story…
Multiple Brands End Partnerships with Myka Stauffer Amid Backlash About “Rehoming” Her Son
YouTubers Myka and James Stauffer revealed they “rehomed” their adopted son Huxley, who is autistic. Brands have released statement … ( read original story …)
Advancing Blockchain Act Calls for Federally-Led Deep-Dive Into the Nascent Tech
Introduced in a wider legislative package of 15 emerging tech-focused bills from Republicans on the House Energy and Commerce Committee, the Advancing Blockchain Act directs the Federal Trade … ( read original story …)
Burning Rock Biotech Starts U.S. IPO Effort
Burning Rock Biotech has filed to raise $100 million in a U.S. IPO, although the final figure may differ. The firm provides oncology testing and related therapy … ( read original story …)
‘Business is restarting’: German executives fly back to China
Scores of German business executives were due to return to China on Friday evening, beneficiaries of an accelerated entry procedure offered by Beijing as both countries seek to reignite their … ( read original story…
Blockchain Bites: Magic’s Raise, Compound’s Distribution and Trump’s Twitter War
You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s … ( read original story…
IPO Preview: Burning Rock Biotech Seeks U.S. IPO
Burning Rock Biotech (BNR) has filed to raise $100 million in an IPO of its ADSs representing Class A shares, according to an F-1 registration statement. The firm operates as a cancer diagnostics and ……
IPO Launch: Legend Biotech Aims For $350 Million IPO
Legend Biotech (LEGN) has filed to raise $350 million in an IPO of its ADSs representing ordinary shares, per an amended registration statement. The company is advancing a pipeline of treatments for … ( read…
Peet’s Coffee raises $2.5 billion in an IPO despite the coronavirus pandemic
“We are thrilled to price this offer on Euronext Amsterdam during this extraordinary time,” said Casey Keller, CEO of JDE Peet’s. ( read original story …)
China’s TON Community to Launch Their Own Blockchain Network
As the official TON team transfers the TON development to “free source community,” the Chinese TON Community launches their own TON network … ( read original story …)
