Sequoia Capital and Tiger Global Management-backed Chinese grocery app Dingdong Maicai has filed for a U.S. initial public offering. The coronavirus-induced COVID-19 pandemic has fueled online demand for fresh produce in China, with e-commerce companies including Alibaba Group, Dingdong, and… Read More ›
COVID-19
Oxford and AstraZeneca tweaking COVID-19 vaccines to target variants by autumn
Britain is in talks with Oxford and AstraZeneca for additional doses of their COVID-19 vaccine which has been tweaked for improved targeting of the Wuhan Coronavirus variant that was first identified in South Africa. Previously, the country had secured 100… Read More ›
UK’s COVID-19 vaccine passport as legal requirement for large events to be scrapped
In a report, The Daily Telegraph said, Britain plans on dropping its COVID-19 passports as a legal requirement for large events. Officials who are reviewing the status of COVID-19 certificates believe that there is no scope in UK law that… Read More ›
Vietnamese business hub Ho Chi Minh City enacts COVID-19 protocols
In a statement on Sunday, the Vietnamese government said, its business hub Ho Chi Minh City will begin social distancing measures for 15 days starting from May 31. The effort is aimed at curbing the spread of coronavirus-induced COVID-19 pandemic…. Read More ›
Washington faces very large challenges in economic relationship with Beijing: USTR
In a development that buttresses the previous U.S. Administration’s point of view, U.S. Trade Representative Katherine Tai stated, the United States faces “very large challenges” in its economic relationship with China; the challenge requires the Biden Administration’s full attention across… Read More ›
Fully vaccinated Chileans can move freely within country while maintaining COVID-19 protocols
In a statement the Chilean government said, citizens who are fully vaccinated against COVID-19 will be allowed to move more freely within the country. The country has sealed its borders through mid-June in a bid to restrict fresh spikes in… Read More ›
First quarter revenues of private jet company Wheels Up jumps by 68%
In a statement Wheels Up, a Private jet company, reported a whopping 68% jump in its first quarter revenues as well as a 56% bump in its active members, as a result of consumers opting to fly private due to… Read More ›
Vietnam temporarily suspends Foxconn’s plants after COVID-19 outbreak
In a statement, Vietnam’s People’s Committee of the northern province of Bac Giang ordered four industrial parks, including three which house the production facilities of Taiwan’s Foxconn to temporarily shut down because of a COVID-19 outbreak. The People’s Committee said these… Read More ›
Despite China’s anti-Australia rhetoric, Beijing continues to be Australia’s biggest trading partner
Despite China’s anti-Australia rhetoric, ongoing trade between the two countries is evidence of the ongoing relationship, pointed out Australian Prime Minister Scott Morrison. Beijing’s criticism of Australia is aimed at its domestic audience for political gains. While bilateral relationship between… Read More ›
Australian expatriate investment bankers return home, fuel economic growth
Lured by the launch of new boutique advisory firms, Australian expatriate investment bankers are returning home in large numbers, in what is likely to be signs of a strong economic rebound following the coronavirus-induced COVID-19 pandemic which triggered a recession…. Read More ›