[ad_1] [BEIJING] Chinese President Xi Jinping personally decided to cancel Ant Group’s $ 37 billion initial public offering (IPO), the Wall Street Journal reported on Thursday, citing Chinese officials with knowledge of the matter. The decision to stop what would have been the world’s largest IPO came days after the …
Read More »Zuckerberg Defends Not Suspending Former Trump Bannon Aide From Facebook: Recording
[ad_1] PALO ALTO: Facebook CEO Mark Zuckerberg said at an all-staff meeting Thursday (Nov. 12) that Trump’s former White House adviser Steve Bannon had not violated company policies enough. to justify his suspension when he urged the beheading of two top US officials, according to a recording heard by Reuters. …
Read More »Trump bans US investments in companies linked to the Chinese military
[ad_1] WASHINGTON: The Trump administration released an executive order on Thursday (Nov. 12) banning U.S. investments in Chinese companies that Washington says are owned or controlled by the Chinese military, increasing pressure on Beijing after the American elections. The order, which was first reported by Reuters, could affect some of …
Read More »Canada woos Hong Kong students as China imposes new security law
[ad_1] OTTAWA: The Canadian government said on Thursday (November 12) that it would make it easier for Hong Kong youth to study and work in Canada in response to new security rules imposed by China on the former British colony, a move likely to increase relations already tense. with Beijing. …
Read More »Saudi prince vows ‘iron hand’ against extremists after attacks
[ad_1] RIYADH: Saudi Crown Prince Mohammed bin Salman pledged on Thursday (November 12) to attack extremists with an “iron fist” after the Islamic State group claimed responsibility for a bomb attack on a gathering of Western diplomats. The bomb blast struck a World War I commemoration at a non-Muslim cemetery …
Read More »Chinese President Xi Jinping decided to stop Ant’s IPO: WSJ
[ad_1] SHANGHAI: Chinese President Xi Jinping has personally decided to cancel Ant Group’s $ 37 billion initial public offering, the Wall Street Journal reported on Thursday (Nov 12), citing Chinese officials with knowledge of the matter. The decision to stop what would have been the world’s largest IPO came days …
Read More »Trump Administration Bans US Investments in Companies Linked to the Chinese Army, US News and Featured Stories
[ad_1] WASHINGTON (REUTERS) – The Trump administration released an executive order on Thursday (November 12) banning US investments in Chinese companies that Washington says are owned or controlled by the Chinese military, increasing pressure on Beijing after the American elections. The order, which was first reported by Reuters, could affect …
Read More »Trump Administration Prepares Crackdown of American Investments in Chinese Companies: Report
[ad_1] WASHINGTON: The Trump administration released an executive order on Thursday (Nov. 12) banning U.S. investments in Chinese companies that Washington says are owned or controlled by the Chinese military, increasing pressure on Beijing after the American elections. The order, which was first reported by Reuters, could affect some of …
Read More »Comment: Ant Group will return, but their path may not be so easy
[ad_1] SINGAPORE: China’s Ant Group is in a strange situation. The fintech firm went in a matter of days from being on the cusp of the world’s largest initial public offering (IPO) to those plans that were thwarted by new regulations from its own government. This sudden development has not …
Read More »Biden tells world leaders ‘America is back’
[ad_1] WASHINGTON: Leaders of close U.S. allies telephoned President-elect Joe Biden on Tuesday (Nov. 10) and vowed to work together, but on an extraordinary break, U.S. top diplomat Mike Pompeo insisted that Donald Trump would remain in power. British Prime Minister Boris Johnson, French President Emmanuel Macron and German Chancellor …
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