Carlton and St. Regis luxury brands, rose as much as 8.1% to $95.64 in afternoon trading after Sorenson said the occupancy rate in China was 40% currently, up from 7% to 8% in February, when…
Tagged By beijing
China’s Dada targets US IPO amid Washington-Beijing tensions
Chinese online grocery firm Dada Nexus Ltd said on Monday it aims to raise up to US$280.5 million in a U.S. initial public offering … ( read original story …)
Spirits In COVID-19: Updates On Diageo, Pernod Ricard, Rémy Cointreau And Brown-Forman
We review recent datapoints on spirits companies, to assess the impact of COVID-19 so far, ahead of trading updates starting next week. Latest Pernod Ricard and … ( read original story …)
Beijing’s bullying of Hong Kong is a big threat to Britain’s biggest bank
If there were a geopolitical seismometer in the boardroom of HSBC, the needle would be thrashing around like bamboo in a typhoon. The tremors have been coming thick and fast in the past few days…
Breakingviews – Corona Capital: Russian drugs, Brazilian beans
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. ( read original story …)
China uses U.S. protests to cry hypocrisy amid Hong Kong standoff
Beijing trolls the Trump administration’s criticism over a feared crackdown on freedoms in Hong Kong with 3 words: “I can’t breathe.” … ( read original story …)
China Fires Back at Trump’s Hong Kong Threats by Suspending U.S. Farm Purchases
Beijing appeared to confirm reports Monday it plans to hold up purchases of key U.S. farm goods at a time the White House is struggling for an economic boost. ( read original story …)
Is the US – China Trade Deal In Jeopardy Because Of Hong Kong? China Orders Suspension In Agriculture Purchases
Racial unrest in the U.S. is undermining Washington’s protest against China’s actions, cracking down on Hong Kong’s pro-democracy movement. ( read original story …)
Wall St. flat as recovery hopes offset U.S. protests, China tensions
U.S. stocks struggled for direction on Monday as investors weighed prospects of a post-pandemic economic recovery against protests across the country over race and an ongoing standoff between … ( read original story …)
Beyond Meat Expands Overseas With Yum China Deal
Beyond Meat products will be sold at Yum China Pizza Hut, KFC and Taco Bell locations for a temporary run starting this week. ( read original story …)
IPO Launch: UCloudlink Finalizes U.S. IPO Plan
UCloudlink (UCL) has filed to raise $50 million in an IPO of its ADSs representing underlying Class A shares, per an amended registration statement. The company provides mobile data sharing options to … ( read…
There Were Limited COVID-19 Cases in the U.S. During Most of January, Says New CDC Report
The latest report from the health agency relies on four different data sets that suggest COVID-19 wasn’t widely circulating in the country until the end of January … ( read original story …)
Oil falls as U.S.-China tension escalates
Oil fell on Monday on worries about renewed tensions between the United States and China, although reports that OPEC and Russia were closer to a deal on extending oil output cuts lent some support to…
