Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Chinese tech giant Tencent’s WeChat app sees downloads surge before U.S. ban
HONG KONG (Reuters) - Chinese tech giant Tencent's WeChat messaging app has seen a surge in downloads in the United States since Friday after Washington confirmed it would push ahead with a planned ba...
Sep 22, 2020
Genscript Biotech says Chinese customs raided offices, shares at 20-month low
HONG KONG (Reuters) - Genscript Biotech Corp said customs raided its offices in China in connection with an investigation into suspected violations of import and export regulations, sending the firms'...
Sep 22, 2020
Sequoia Capital China raising $2.2 billion in new yuan fund, say sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) - Investor Sequoia Capital China is raising at least 15 billion yuan ($2.2 billion) in a new yuan-denominated fund, people with knowledge of the matter sai...
Sep 22, 2020
Australia central bank assessing various monetary policy options, A$ slips
By Swati Pandey SYDNEY (Reuters) - Australia's central bank is assessing various monetary policy options including currency market intervention and negative rates to meet its inflation and employment ...
Sep 22, 2020
BlackRock, JPMorgan climate votes at odds as new rules loom
By Ross Kerber BOSTON (Reuters) - Top U.S. asset managers BlackRock Inc and JPMorgan Chase & Co were divided in their support of climate-related proxy resolutions at corporate meetings this year, two ...
Sep 22, 2020
Trump to meet state attorneys general to discuss key U.S. tech liability shield
By David Shepardson and Nandita Bose WASHINGTON (Reuters) - U.S. President Donald Trump plans to meet on Wednesday with a group of Republican state attorneys general about revising a key law that shie...
Sep 21, 2020
Baidu-backed Chinese EV startup WM Motor raises $1.5 billion
BEIJING (Reuters) - Baidu-backed Chinese electric vehicle (EV) startup WM Motor said on Tuesday it has raised 10 billion yuan ($1.47 billion) in its latest funding round. As enthusiasm builds for more...
Sep 21, 2020
China fines Luckin Coffee, associated firms combined $9 million
BEIJING (Reuters) - China's markets regulator said on Tuesday it has fined a group of 45 firms including Luckin Coffee a combined 61 million yuan ($8.98 million) for acts linked to Luckin's falsificat...
Sep 21, 2020
Oil rises as U.S. storm eases, but demand worries linger
By Sonali Paul MELBOURNE (Reuters) - Oil rose in early trade on Tuesday, paring sharp overnight losses, as the latest tropical storm in the Gulf of Mexico lost strength, but worries about fuel demand ...
Sep 21, 2020
Coronavirus dampens seasonal cheer in China’s Christmas production hub
By Sophie Yu and Brenda Goh YIWU/SHANGHAI, China (Reuters) - At the Yiwu Fuye Christmas factory in eastern China, workers are stitching and testing out Santa Claus toys, checking they play a Christmas...
Sep 21, 2020
