Shares of Rivian Automotive surged 53 per cent in its Nasdaq debut, giving the Amazon-backed electric vehicle maker a market valuation of over $100 billion after the world’s biggest IPO this year.
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Peter Thiel talks crypto and China at pricey dinners for proteges’ Senate campaigns
JD Vance and Blake Masters — two Thiel employees who are running for Senate on conservative populist platforms in Ohio and Arizona, respectively — have both offered dinners with Thiel …
Beijing Stock Exchange clears companies to list on Nov 15 -filings
China’s new Beijing Stock Exchange has approved applications from 10 companies to list shares on Nov. 15, company filings showed late on Wednesday, two months after Chinese President Xi Jinping …
Adidas China Sales Take a Hit From Boycotts, Flooding and Lockdowns
Since the second half of July, regional COVID-19-related lockdowns and flooding across China have contributed to a sales decline in the region.
Tim Cook says Apple has a ‘responsibility’ to do business everywhere, even in China despite its human rights issues
Apple CEO Tim Cook. Photo by Justin Sullivan/Getty Images Tim Cook said Tuesday that Apple has a “responsibility” to do business everywhere it …
Even China’s Biggest Company Is Looking for an Exit
Tencent is finally providing clarity on the games revenue its receives from overseas, just as the domestic market looks decidedly treacherous.
China, U.S. pledge to reveal 2035 emissions targets in 2025
China and the United States will communicate their 2035 targets for cutting climate-warming emissions ten years early in 2025, according to a joint statement released on Wednesday at the U.N. climate …
Inflation picks up in China and Germany as oil prices surge; stocks retreat – business live
Introduction: China, German inflation rises, oil prices surge 07:40 Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. We’ve …
IPO-bound OYO eyes U.S., China to grow
IPO-bound OYO has decided to focus on core markets as well as other markets such as China and U.S., the company said in a filing with the markets regulator.The company said it was planning to…
Expert: 4th China International Import Expo shows more depth compared to previous ones
Some 3,000 companies from around the world are taking part in the China International Import Expo (CIIE) to claim their stake in the ever-growing Chinese market. Qian Jun, executive dean of the Fanhai …
Are China’s Falling Property Prices Hurting Luxury?
China’s property market just felt its first month-on-month decline in new home prices since 2015 — and, yes, it affects the luxury market.
COLUMN-China’s exports bring little relief to tight lead market: Andy Home
China exported 15,545 tonnes of refined lead in September, the highest monthly tally since 2007. The country has turned significant net exporter for the first time since 2018. LONDON, Nov 10 (Reuters) …
Why to Invest in the Blockchain with Meten Holding Group
Even as Beijing cracks down on China’s tech businesses, you can still consider METX stock as Meten’s top-line results are on the right track.
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