Starbucks Corp said on Tuesday it expects comparable sales in China in the current quarter to decline between 25% and 35%, hurt by the coronavirus pandemic that has forced it to close stores and limit…
Tagged By beijing
Cloud Security Company Cloudflare Makes ‘Maverick’ Big Bet On China
With U.S.-China relations at a frigid moment as the COVID-19 pandemic grinds world trade to a trickle, it might seem an unlikely moment for a Silicon Valley tech company to make a big China push.…
IPO Update: TRX Insurance Proposes IPO Terms
TRX Insurance aims to raise nearly $13 million in a U.S. IPO. The firm operates an online insurance marketplace in China. TIRX has produced contracting revenue … ( read original story …)
Beijing Slams India’s ‘Unfair’ Decision To Cancel Chinese Antibody Testing Kit Order
India’s decision came on Monday amid accuracy concerns surrounding the kits. It’s the latest irritant in a relationship that’s come under increasing strain over the coronavirus. ( read original story …)
Forget Washington and Beijing. These Days Global Leadership Comes From Berlin.
People love to hate Germany—but the country is doing far more than most nations to help its European neighbors fight the coronavirus. ( read original story …)
Who are the Uyghurs, China’s Islamic minority?
The Uyghurs are an ethnic minority living in China’s autonomous northwestern Xinjiang province. ( read original story …)
Crypto Today: XRP bulls shine smashing the big $0.2000 restoring buyer confidence
BTC/USD is currently trading at $7780 (+0.85%), near-term consolidation being observed, with the bulls gunning for a big $8000 return. ETH/USD is currently trading at $197 (+1.25%), consolidating … ( read original story …)
India Clashes With China After Returning COVID-19 Antibody Test Kit Order
“It is unfair and irresponsible for certain individuals to label Chinese products as ‘faulty’ and look at issues with preemptive prejudice,” a spokesperson for the Chinese Embassy in India said on … ( read original…
Coronavirus-themed game banned in China
A coronavirus-themed game has been blocked on Steam in China because of its politically motivated content. In order to win Coronavirus Attack, players have to stop “selfish zombies” from escaping a … ( read original…
Cheaper electricity in China’s Sichuan city to cushion Bitcoin miners from halving uncertainties
Sichuan city in China is dealing with surplus hydroelectric power that has pushed the price to 3 USD cents. Bitcoin miners have been encouraged to seek permits and take advantage of the cheaper … (…
India Clashes With China After Returning Order of Half a Million ‘Faulty’ Coronavirus Antibody Test Kits
“It is unfair and irresponsible for certain individuals to label Chinese products as ‘faulty’ and look at issues with preemptive prejudice,” a spokesperson for the Chinese Embassy in India said on … ( read original…
What Struggling American Beauty Brands Can Learn From China About Weathering a Pandemic
We spoke to SuperOrdinary’s Julian Reis, who was instrumental in launching Supergoop and Drunk Elephant in China. ( read original story …)
U.S. IPO Week Ahead: The IPO Pipeline Is Active In A 1 IPO Week
Phase 2 ENT biotech Lyra Therapeutics plans to raise $53 million at a $193 million market cap. US tech-focused SPAC Social Capital Hedosophia Holdings II plans … ( read original story …)