On Tuesday, vacation rental firm Airbnb Inc said, from July 30 it will shut down all listings and experiences in mainland China. The development sees yet another Western internet platform joining a long list of companies which have opted out of… Read More ›
The United States issued an advisory warning U.S. companies of growing reputational risks of doing business with state-owned enterprises and military-controlled companies in Sudan. “These risks arise from, among other things, recent actions undertaken by Sudan’s Sovereign Council and security… Read More ›
Spy catchers in Taiwan have launched multiple probes into around 100 Chinese companies suspected of illegally poaching semiconductor engineers and other tech talent, said a senior official from Taiwan’s Investigation Bureau. Home to tech giant including TSMC, Taiwan accounts for 92%… Read More ›
Shares of Yum China along with four other Chinese companies have fallen sharply after they were ensnared in an audit dispute between China and the United States. In a statement Yum China Holdings, the owner of KFC, Taco Bell and Pizza… Read More ›
On Monday , New Zealand’s government stated, it will introduce legislation to allow it slap a first-of-its-kind sanctions against Russia following its invasion of Ukraine. New Zealand’s Prime Minister Jacinda Ardern said, the sanctions will give the country the ability… Read More ›
On Saturday, Russian news agency RIA quoted Dmitry Medvedev, deputy head of the security council, as saying Moscow will respond to the seizure of funds owned by Russian companies and citizens abroad by seizing funds of foreigners and foreign companies… Read More ›
On Wednesday, Japanese Prime Minister Fumio Kishida announced sanctions against Russia over its actions in Ukraine, saying Moscow’s moves are unacceptable violation of Ukrainian sovereignty and international law. Japan’s sanctions include prohibiting the issuance of Russian bonds in Japan and… Read More ›
In a statement Germany’s new Finance Minister said, the government will offer tax relief to individuals and companies worth $34.1 billion (30 billion euros) in this legislative period. “We will relieve people and small and medium-sized businesses by significantly more… Read More ›
According to a source familiar with the fund raising effort, Jared Kushner’s global investment firm, Affinity Partners, has raised more than $3 billion in committed funding from international investors. Kushner, a former top aide to former US President Donald Trump… Read More ›
In a significant development, BlackRock, HSBC and Swiss Re are among the companies who are seeking to create a risk management and disclosure framework aimed at channeling capital towards environmentally projects and away from ones which damage nature. Earlier this year in… Read More ›
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