China intends to stiffen rules for Chinese firms seeking to get publicly listed overseas, but it would not prohibit them from trading in other countries entirely. The Chinese securities regulator recommended that any company seeking to go public in a foreign country must first get registered with… Read More ›
According to the World Bank, the pandemic has pushed about 97 million people into poverty by 2020 all across the world, with many surviving on less than $2 a day. Since then, there has been little progress. “Globally, the increase in poverty… Read More ›
Over the Christmas weekend, commercial airlines across the globe canceled over 4,500 flights as a growing wave of Covid-19 infections caused by the Omicron strain brought further uncertainty and suffering for holiday travelers. According to a complete record on the flight-tracking website FlightAware.com,… Read More ›
According to US court documents, Credit Suisse has sought information through the U.S. courts which could potentially lead to a situation wherein it can take a legal step against SoftBank Group Corp in Britain in an effort to recover funds… Read More ›
Pfizer Inc’s antiviral Covid-19 tablet, the first oral as well as at-home treatment of the disease, was approved by the medical regulator of the United States. This is being seen as the possible new tool to fight against the very infectious and fast… Read More ›
In a significant development the SEC has torpedoed two proposals which aimed to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the regulator would have approved the given the deal a green light since it… Read More ›
Surge cases of the Omicron coronavirus variant caused governments to implement fresh bans and hasten booster injections just days prior to Christmas. The surge in Omicron cases has also forced Singapore to restrict quarantine-free travel and Australia to restart its vaccine drive… Read More ›
According to new estimates, the UK economy grew at a slower rate than previously thought between July and September. As Britain emerged from lockdown, the Office for National Statistics (ONS) reported that the GDP increased by 1.1 per cent, rather… Read More ›
In a statement the office of US Trade Representative said, Moscow continues to move away from commitments it made to join the World Trade Organization in 2012 citing increased restrictions in agricultural imports and import substitution policies. In its annual… Read More ›
The U.S. Securities and Exchange Commission (SEC) has denied Apple Inc’s bid to exclude a shareholder proposal that would have required Cupertino to inform investors of its use of non-disclosure agreements and other concealment clauses. The SEC’s move will mean that… Read More ›
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