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Warriors deal with business fallout from NBA-China spat
Amid the frayed relationship between China and the National Basketball Association, the Golden State Warriors are finding themselves sharing in the fallout from the conflict. According to Reuters, Anta, the Chinese sneaker brand which sponsors Warriors.....»»
Volvo Extends CEO"s Contract as It Hits Brakes on IPO
Volvo Cars has extended the contract of its chief executive for two years amid growing uncertainties over plans by the company’s Chinese owner to take the Swedish premium car brand public......»»
Chinese boycott of Dolce & Gabbana ramps up as company founders apologize for racial insults
The Italian luxury brand Dolce & Gabbana apologiz.....»»
Deutsche Telekom reviews vendors in light of China security debate
Deutsche Telekom, Europe's largest telecoms company, said on Friday it was reviewing its network vendor strategy in light of a debate on the security of Chinese network equipment that it was taking "very seriously"......»»
In Her Own Words: For sustainable swim brand founder Caroline Danehy, father knew best
Following in your father or mother’s footsteps can be a natural progression but choosing the path they rejected sounds counter-intuitive. Caroline Danehy followed her dad to Colgate University, yet her college experience was dramatically di.....»»
Sean "Diddy" Combs Loses 18 Brand Partnerships Amid Sexual Assault Allegations
Sean 'Diddy' Combs Loses 18 Brand Partnerships Amid Sexual Assault Allegations Authored by Jessamyn Dodd via The Epoch Times, Amidst a whirlwind of controversy swirling around Sean “Diddy” Combs, the mogul behind the Emp.....»»
Tesla Builds Facility To Store Data Locally In China Amid Heightened Regulatory Scrutiny
Tesla Inc (NASDAQ: TSLA) has put in place a data center on Chinese soil to store data from all vehicles sold on the mainland, CnEVPost reported Tuesday. read more.....»»
An amendment by Rand Paul barring the NIH from funding some types of research in China passed in the Senate amid new debate on COVID-19"s origin
The Senate also approved an amendment from GOP Sen. Joni Ernst that would ban US funding to the Wuhan Institute of Virology. Sen. Rand Paul, R-.....»»
Market Extra: ‘The issue of racial inequality is top of mind,’ says ESG chief behind mortgage bond with social purpose
Angel Oak Capital Advisors is the first lender in the U.S. to sell a "social" mortgage bond without government backing, a deal that finances self-employed borrowers and others locked out of conventional home loan programs......»»
Handset components makers may face inventory corrections at Chinese clients in 3Q21
Taiwan's handset components supply chain is likely to feel the pinch of inventory corrections by Chinese handset vendors starting third-quarter 2021 at the earliest amid their sales shrinkages in China and India markets, according to industry sources......»»
Chinese Stocks Tumble After Beijing Vows To Crack Down On Surging Commodity Prices
Chinese Stocks Tumble After Beijing Vows To Crack Down On Surging Commodity Prices With tech stocks tumbling in the past week amid surging inflation fears, at least the co.....»»
Earnings Results: Alibaba posts loss due to anti-monopoly fine but beats revenue expectations
Alibaba Group Holding Ltd. swung to a loss for its March quarter as the company faced an anti-monopoly fine, but the Chinese e-commerce giant topped revenue expectations for the period amid continued momentum for its online marketplaces......»»
Warren Buffett-Backed BYD Outdoes Nio, Xpeng, Li Auto In April EV Deliveries
Chinese automaker BYD Co Ltd’s (OTC: BYDDF) all-electric vehicle sales soared in April and the company sold more than twice as many electric vehicles as its closest rival Nio Inc (NYSE: NIO) during the month amid suppl read more.....»»
US Air Force aborts the planned test launch of an intercontinental ballistic missile for unexplained reasons
The unexplained "ground abort" prior to launch comes amid a debate over the future of the ageing ICBM force. An unarmed Minuteman III ICBM during a test at Vand.....»»
IPO Preview: Honest Company, Chinese Lifestyle Brand Onion Global, Hydroponic iPower Lead Group
The week of May 3 has several IPOs on the docket spread across sectors like consumer products, fashion, banking, vaccines and hydroponics. Here is a look at this week’s top offerings and details investors should know. read more.....»»
Nio CEO Says EV Brands Increasing Market Share By "Constantly Lowering Prices" Only Hurting Themselves — In Likely Dig At Tesla
Chinese electric vehicle maker Nio Inc.’s (NYSE: NIO) CEO William Li believes EV brands that gain market share by “constantly lowering” prices will only hurt their own brand image, cnEVpost reported Thursday. read more.....»»
Nio Reports Q1 Beat Amid Strong Demand, Forecasts Deliveries Growth Despite Chip Shortages
Chinese EV manufacturer NIO Inc. (NYSE: NIO) announced Thursday first-quarter r.....»»
The US is "not focused on a boycott" of the 2022 Olympics in China amid human rights concerns, Blinken says
China has warned countries against boycotting the games, and said that a US boycott of the Olympics would be met with a "robust Chinese response." A .....»»
Alibaba Group hit with record $2.8 billion fine amid increased government scrutiny of billionaire Jack Ma"s tech empire
Jack Ma's company accepted the huge penalty levied by Chinese regulators on Saturday. The billionaire mogul has been under increased scrutiny for some time .....»»
: Hours after CEO decried inequality, JPMorgan seeks to quash call for racial-equity audit
JPMorgan Chase & Co. Chief Executive Jamie Dimon addressed inequality, racism and corporate responsibility in his annual letter to shareholders Wednesday morning......»»