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China’s COVID strategy clashes with economy
China’s zero-COVID strategy is starting to derail another major item on the government’s agenda: economic stability.
Nvidia Fined $5.5 Million For Failing To Acknowledge Crypto-Miners Juiced Its Profits
The report states, Some of the company’s sales personnel, in particular in China, reported what they believed to be significant increases in demand for Gaming GPUs as a result of crypto-mining.
POLL-China’s trade seen faltering in April as COVID curbs hit output
The trade sector, which accounts for about a third of gross domestic product and employed 180 million people in 2020, is losing momentum as widening anti-virus curbs ensnared supp …
Nvidia Fined $5.5 Million For Failing To Acknowledge Crypto Sales
The report states, Some of the company’s sales personnel, in particular in China, reported what they believed to be significant increases in demand for Gaming GPUs as a result of crypto-mining.
Nvidia Fined $US5.5 ($8) Million For Failing To Acknowledge Crypto-Miners Juiced Its Profits
The report states, Some of the company’s sales personnel, in particular in China, reported what they believed to be significant increases in demand for Gaming GPUs as a result of crypto-mining. In …
VistaREIT, Raslag IPOs okayed
THE Securities and Exchange Commission (SEC) greenlighted the initial public offerings (IPO) of VistaREIT Inc. and energy firm Raslag Corp.The commission on Thursday disclosed …
Nvidia fined $5.5 million for hiding how many gaming GPUs were sold to crypto miners
Nvidia will pay $5.5 million to settle charges that it unlawfully obscured how many of its graphics cards were sold to cryptocurrency miners. The US Securities and Exchange Commission announced the …
China lockdowns weigh on Adidas’s Q1 profit
German sportswear heavyweight Adidas on Friday reported a drop in its profits in the first quarter, as widespread coronavirus lockdowns hurt business in key market China. The group’s net profit from …
Adidas, Pummeled by China Lockdowns, Offers Weak Guidance
More from Footwear News Foot Locker Banks on New Adidas Partnership as Nike Scales Back Product at the Retailer adidas and Jeremy Scott Revive Their Iconic JS Wings Sneakers in Two Versatile Colorways …
How Much Should Beauty Companies Rely on China to Generate Growth?
Beauty companies may need to evaluate their reliance on China as a hyper growth market. For the past few years, many major beauty conglomerates have relied on China’s booming beauty market to drive …
Ports Race to Clear Cargo, Fearing an Import Overload When China Lifts Lockdowns
Western ports are bracing for increased congestion when China eventually lifts stringent Covid-19 restrictions in major cities, which could come just as many importers start to load up for the back-to …
Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin (BTC) was down 1% throughout the Asian trading …