Popeyes, which has more than 3,300 restaurants in 25 countries, reported its most successful week for new market entry in its 48-year history with the opening of its Shanghai, China, restaurant. ( read original story…
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L Brands Reports First Quarter 2020 Results
L Brands, Inc. (NYSE: LB) today reported first quarter results. On May 4, 2020, the company outlined its go-forward strategy to drive long-term. ( read original story …)
Why India needs crypto
The lifting of crypto trading restrictions from India remained one of the most exciting stories … While in the east, the inflation story is still mumbling as the COVID confirm cases has been … (…
Xi Jinping Uses Pandemic to Strengthen His Rule in China
The Chinese leader hopes to rally national pride as his People’s Congress begins. Mexican officials will investigate why the official death toll is far smaller than the figures compiled in the capital … ( read…
Markets fall back as Trump intensifies criticism of China – business live
Rolling coverage of the latest economic and financial news … ( read original story …)
JPMorgan plans to hire a dozen research analysts for China brokerage: sources
JPMorgan Chase & Co plans to hire at least 12 equity research analysts in China this year, two people with knowledge of the matter said, in its first major mainland hiring push as it takes…
What Does China Really Want? To Dominate the World
A long-standing trope in the U.S. debate on that subject is that China itself doesn’t know what it seeks to achieve, that its leaders haven’t yet worked out how far Beijing’ … ( read original…
Pentagon says China’s military is challenging the US with ‘risky’ run-ins in the South China Sea during the pandemic
Tensions are flaring in the disputed South China Sea during the pandemic, with at least nine encounters between Chinese jets and US aircraft. ( read original story …)
Retail: Popeyes Shanghai Chicken Defies President Trump’s China Strategy
Our President has focused his energy on China imports, exports, and deficits; but many American retailers and brands still dream about selling in China. Unfortunately, while we are thinking about … ( read original story…
China Keeps Germany’s Car Makers in the Fast Lane
Germany’s car manufacturers are once again being bailed out by China. Having skidded to a halt in February, Chinese vehicle sales are rebounding—particularly at the luxury end of the market. ( read original story …)
Hong Kong No Longer in Top Three IPO Venues
Hong Kong is not part of the top three listing venues globally for the first time in six years, as a slow start to 2020 has weighed on initial public offering activity. ( read original…
Nasdaq’s China Crackdown Looks Halfhearted
Nasdaq is tightening rules on initial public offerings in an effort that looks to be targeted primarily at Chinese companies. To appreciate just how tepid its proposals are, consider this: They wouldn … ( read…
I-Mab Expands Global Presence with New Hong Kong Office
Mab (NASDAQ:IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel or highly differentiated biologics to treat diseases with … ( read original story …)