Recent Posts - page 314

• Baidu raises $1 billion in ESG bonds

  By admin1 on August 19, 2021 • ( 0 )

  

  In a statement China’s Baidu Inc said, it has raised $1 billion in two tranches of U.S. dollar sustainability bond, marking its first environment, social and governance (ESG) transaction. While the first tranche covers a 5.5-year bond for $300 million the… Read More ›

• Chinese Livestreaming Influencers Must Speak Mandarin And Dress Appropriately

  By admin2 on August 18, 2021 • ( 0 )

  

  A directive from the commerce ministry of China ordered all hosts and influencers of the country who livestream to market products of companies on online platforms should be speaking only in Mandarin and dress up appropriately in the efforts of… Read More ›

• Tencent Q2 Profits Beat Estimates Driven By Growth In Gaming And Advertising

  By admin2 on August 18, 2021 • ( 0 )

  

  A growth in revenues from popular games as well as a rise in online advertising sales helped the Chinese gaming and social media giant Tencent Holdings to comfortably beat analysts’ estimates of profits of the second quarter with a jump… Read More ›

• Sweden’s Embracer acquires 3 companies midst surging profits

  By admin1 on August 18, 2021 • ( 0 )

  

  On Wednesday, Europe’s largest gaming firm by market value said, it had agreed to acquire 3 companies after posting record revenues in the first quarter. Earlier this month, Sweden’s Embracer, which has a strategy of boosting growth through deals, said… Read More ›

• Blue Origin files lawsuit against US government over awarding $2.9 billion contract to SpaceX

  By admin1 on August 18, 2021 • ( 0 )

  

  Blue Origin has filed a lawsuit against the U.S government over NASA’s decision to award a $2.9 billion lunar lander contract to SpaceX. In its lawsuit Blue Origin said, its lawsuit is “an attempt to remedy the flaws in the… Read More ›

• Citigroup hires veteran tech banker Dhiren Shah

  By admin1 on August 18, 2021 • ( 0 )

  

  According to an internal memo from Citigroup, the bank has hired Dhiren Shah, a veteran tech banker, from Credit Suisse Group AG, as it doubles down on investing in its tech franchise. Shah’s departure from Credit Suisse marks the latest… Read More ›

• Chinese state owned companies have stakes in ByteDance and Weibo

  By admin1 on August 17, 2021 • ( 0 )

  

  Corporate records show that the Chinese government has stakes in Chinese entities owned by ByteDance and Sina Weibo. The news comes midst widening regulatory crackdown on the industry. Shareholder data from the National Enterprise Credit Information Publicity System shows WangTouZhongWen… Read More ›

• BT names Adam Crozier as its chairman

  By admin1 on August 17, 2021 • ( 0 )

  

  On Tuesday, BT named Adam Crozier as its next chairman. Crozier would join office on December 1, 2021. His appointment comes at a time when the group is seeing on its most important period in its 175-year history. BT, which… Read More ›

• GM to replace Chevrolet Bolt battery modules following fire risk

  By admin1 on August 17, 2021 • ( 0 )

  

  In a statement General Motors Co said, it will replace all battery modules in some Chevrolet Bolt electric vehicles (EVs) following a recall earlier this month. The replacement of the module could start as early as later this month. The… Read More ›

• Tesla’s Expects To Start Making Cars At Berlin Plant In Oct, Says Elon Musk

  By admin2 on August 16, 2021 • ( 0 )

  

  Manufacturing of its first cars at its “Gigafactory” in Gruenheide, near Berlin, is expeced to be started by United States based Tesla in October or soon afterwards, said the company’s Chief Executive Elon Musk. The anticipated opening of the gigafactory… Read More ›

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