FINANCE
U.S. employment data has been weaker than expected, staying on course for the strongest weekly loss in three months, and oil prices stabilized Friday, May 3. Concerns about demand and high interest rates remain. At 1:15 p.m. GMT Brent futures for July were up 17 cents, or 0.2 percent, at
Yahoo Bids Farewell to China, Completely Ending Partnership With Beijing
Yahoo has become the latest American tech company to permanently end its partnership and presence in...
Beijing Announces 30 COVID-19 Infections; Lockdowns Across City Cause Long Lines as People Rush to Get
On Oct. 31, the Culture and Tourism Bureau in Beijing’s Dongcheng (eastern downtown) District issued...
Tesla Recalls 2,800+ Vehicles With Front Suspension Manufacturing Defects
Tesla will recall more than 2,800 Model 3 and Model Y vehicles to repair front suspension issues resulting...
Zuckerberg: How Facebook Morphed Into Meta
Facebook is now Meta, CEO and founder Mark Zuckerberg announced on Thursday divulging the tech-giant...
FDA Approves Pfizer Vaccine for Children 5 to 11-Years-Old
The FDA has granted Pfizer-BioNTech emergency approval for their vaccine for use in children from 5 to...
What Is Really Happening Behind the US-China Geopolitical Curtain?
For many businesses, financial gain trumps rising diplomatic tensions News analysis For the past...
China’s Billionaire Class Exposed in Hurun’s 2021 Rich List; Bottled Water and New Energy Create Fortunes
The 2021 Hurun China Rich List was announced on Oct. 27 and according to the calculation of wealth, as...
Beijing Asks Evergrande Founder to Use His Money to Pay Back Company Debts
Chinese authorities have asked the founder of Evergrande, billionaire Hui Ka Yan (also known as Xu Jiayin...
China Doesn’t Have Property Taxes, But Soon It Will
Almost two decades ago, Chinese authorities began floating the idea of taxing property owners. And now...