According to two sources who have seen the lab results, China’s CoronaVac, its COVID-19 vaccine, developed by Sinovac Biotech, has a general efficacy of less than 60% in clinical trial in Brazil. Brazil’s Sao Paulo’s Butantan biomedical center, which has… Read More ›
In a significant development, Australia has blocked a Chinese construction company from buying out a domestic builder involved in several high-profile projects, citing national security concerns, reported local media reports. In a regulatory filing to the Johannesburg stock market filing… Read More ›
Canadian prosecutors told a Canadian court that China’s Huawei Technologies had a plane waiting to whisk away the company’s Chief Financial Officer, Meng Wanzhou, back to China from Vancouver, even as a key verdict in her extradition case was to… Read More ›
According to two sources familiar with the matter at hand, the U.S. State Department has informed European companies that those helping to build Russia’s Nord Stream 2 gas pipeline face sanction risks. “We are trying to inform companies of the… Read More ›
On Tuesday, Chinese electric vehicle maker Xpeng Inc said, it has secured a $2 billion (12.8 billion yuan) credit line from five Chinese banks for expanding its manufacturing and sales. New York-listed Xpeng, which has a market value of $35… Read More ›
In a development that sees the end of a regional dispute, Bahrain’s civilian affairs authority said, it will open its airspace to Qatar from January 11. The development comes in the wake of a U.S.-backed deal by Arab states last… Read More ›
On Monday, KKR & Co, a U.S.-based investment powerhouse stated, it has closed a fund targeting infrastructure-related investments in Asia Pacific at $3.9 billion. In a press release KKR said, the fund was its first in the region for the… Read More ›
On Monday, in a development of significant geostrategic importance, Taiwanese Foreign Minister Joseph Wu stated, U.S.-Taiwan relations have been elevated to a global partnership while describing the U.S. lifting of restrictions on interactions between officials from both sides as a… Read More ›
In a statement, Morgan Stanley, and Goldman Sachs JPMorgan said, they will delist 500 Hong Kong-listed structured products following a U.S. ban on investments in companies Washington has labeled as deemed to be linked to the Chinese military. The Hong… Read More ›
In a statement Brazilian asset manager Patria Investments Ltd said it is slated to reach a valuation of between $1 billion to $1.6 billion in its planned initial public offering (IPO) on Nasdaq. On December 30, Patria, which has $13… Read More ›
