Chinese e-commerce platform Pinduoduo crashes after revenue loss

Chinese e commerce platform Pinduoduo crashes after revenue loss

The Pinduoduo logo is seen in this illustration photo taken on July 17, 2018. REUTERS / Thomas White / Illustration Sign up now for FREE unlimited access to reuters.com Check in BEIJING, Nov 26 (Reuters) – US shares of Pinduoduo Inc (PDD.O) fell as much as 18% in early trading on Friday after the Chinese … Read more

Stocks, oil plummet on virus variant fears, safe havens rise

Stocks oil plummet on virus variant fears safe havens rise

European shares down 2.7%; S&P 500 futures down 1.8% US crude falls 5.7% Bond yields drop 6.2 bps LONDON, Nov 26 (Reuters) – Global stocks tumbled on Friday and oil fell below $ 80 a barrel after news of a possibly vaccine-resistant variant of the coronavirus sent investors rushing to safety. of bonds, the yen … Read more

Bitcoin Slumps As Coronavirus Variant Shakes Markets

Explainer Bitcoin goes through a major update This is what

A representation of the virtual cryptocurrency Bitcoin is seen in this photo illustration taken on October 19, 2021. REUTERS / Edgar Su / File Photo / File Photo Sign up now for FREE unlimited access to reuters.com Check in LONDON, Nov. 26 (Reuters) – Bitcoin fell nearly 8% on Friday after the discovery of a … Read more

China calls on Didi to withdraw from US over security concerns – Bloomberg News

China calls on Didi to withdraw from US over security

SHANGHAI, Nov 26 (Reuters) – Chinese regulators have asked top executives at public transportation giant Didi Global Inc (DIDI.N) to come up with a plan to delist themselves from U.S. exchanges over data security concerns, it reported. Bloomberg News. China’s technology watchdog wants the administration to remove the company from the New York Stock Exchange … Read more

Tesla to invest 188 million dollars to expand the capacity of the Shanghai factory -Beijing Daily

Tesla to invest 188 million dollars to expand the capacity

SHANGHAI, Nov. 26 (Reuters) – Tesla Inc (TSLA.O) plans to invest up to 1.2 billion yuan ($ 187.91 million) to expand production capacity at its Shanghai factory that will allow it to employ 4,000 more people. on the site, state- reported the backed Beijing Daily newspaper on Friday. The newspaper attributed the information to a … Read more

Britain alarmed by the spread of a new variant of COVID-19 in South Africa

Britain alarmed by the spread of a new variant of

Vaccines may be less effective against a new variant The variant has twice as many mutations as Delta Britain bans flights from six African countries Dramatically different B.1.1.529 peak protein LONDON, Nov 25 (Reuters) – Britain said on Thursday it was concerned about a recently identified variant of the coronavirus spreading in South Africa that … Read more

China does not commit to US oil release ‘drop in the ocean’

China does not commit to US oil release drop in

China says it will release oil reserves according to its needs OPEC + meets on December 2, but no signs of change in tactics Biden under political pressure as inflation rises Oil Releases a ‘Drop in the Ocean’ -Goldman Sachs Crude prices remain stable on Wednesday BEIJING, Nov 25 (Reuters) – China, the world’s largest … Read more

China says it takes note of JPMorgan boss’s sincere regret for comment

China says it takes note of JPMorgan bosss sincere regret

JP Morgan CEO Jamie Dimon speaks at the Boston College CEOs Club luncheon in Boston, Massachusetts, USA on November 23, 2021. REUTERS / Brian Snyder Sign up now for FREE unlimited access to reuters.com Check in BEIJING, Nov 25 (Reuters) – China’s Foreign Ministry said on Thursday that it took note of the expression of … Read more

China regulator seeks to prevent U.S. foreclosure of Chinese companies

China regulator seeks to prevent US foreclosure of Chinese companies

A Chinese national flag flies in front of the China Securities Regulatory Commission (CSRC) building on Financial Street in Beijing, China, on July 9, 2021. REUTERS / Tingshu Wang Sign up now for FREE unlimited access to reuters.com Check in HONG KONG, Nov 25 (Reuters) – Chinese authorities are working with their U.S. counterparts to … Read more

JPMorgan’s Dimon Says He Regrets Commentary From China’s Communist Party

JPMorgans Dimon Says He Regrets Commentary From Chinas Communist Party

Jamie Dimon, CEO of JP Morgan, listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, USA, November 23, 2021. REUTERS / Brian Snyder Sign up now for FREE unlimited access to reuters.com Check in HONG KONG / NEW YORK, Nov. 24 (Reuters) – JPMorgan Chase (JPM.N) Chief Executive … Read more

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