In a statement ride hailing firm Lyft Inc said, it had Elaine Paul as its new chief financial officer; Paul will be replacing Brian Roberts who will be stepping down after seven years in the role. Paul is scheduled to take… Read More ›
Day: December 3, 2021
House of Representatives to consider Uyghur Forced Labor Prevention Act next week, seeks ban of import of goods from Xinjiang
The U.S. House of Representatives is set to consider a bill next week that aims to ban import of products from China’s Xinjiang region over concerns of forced labor. “Next week is an important week for human rights,” said Representative… Read More ›
Didi Global to delist from NYSE, aims to pursue listing at Hong Kong
On Friday, ride-hailing giant Didi Global said, it will delist from the New York Stock Exchange and pursue a listing on the Hong Kong Stock Exchange following increased pressure from Chinese regulators. Earlier this year in July Didi had pushed ahead… Read More ›
Honduras signals U-turn, keeps China at bay, continues diplomatic relations with US, Taiwan
In a significant development, Honduran president Xiomara Castro said, the incoming government does not plan on establishing diplomatic ties with China as it prioritizes U.S. relations, signaling a reversal of her pre-election stance. Castro appears to have won the country’s… Read More ›