Police officers monitor compliance with the lockdown in Innsbruck during the first day of a nationwide lockdown for people not yet vaccinated against the Covid-19. Jan Hetfleisch | Getty Images Austria has imposed fresh lockdown measures on around 2 million unvaccinated people, with individuals facing fines if they fail to comply with the rules. Those […]
Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. Dado Ruvic | Reuters U.S. Deputy Treasury Secretary Wally Adeyemo said that the dollar will continue to be the world’s dominant currency despite increasing interest in cryptocurrencies. “One of the things that we know is that digital […]
Cloud Village, the music streaming arm of NetEase runs the NetEase Cloud Music app which is displayed on a smartphone in this photo. Fan Jianlei | Visual China Group | Getty Images GUANGZHOU, China — Cloud Village — the music streaming arm of NetEase — is pushing ahead with an initial public offering in Hong […]
A large screen displays United States President Joe Biden, left, and China’s President Xi Jinping during a virtual summit as people walk by during the evening CCTV news broadcast outside a shopping mall on November 16, 2021 in Beijing, China. Kevin Frayer | Getty Images U.S. President Joe Biden and Chinese leader Xi Jinping agreed at a virtual meeting to […]
Bridgewater Associates Chairman Ray Dalio attends the China Development Forum in Beijing, China March 23, 2019. Thomas Peter | Reuters BEIJING — American hedge fund manager Ray Dalio is launching a new China fund through a local subsidiary, according to a report in China’s Securities Times, citing sources. The fund aims to raise more than […]
Travelers arrive at a train station ahead of China’s upcoming Golden Week holiday following the coronavirus disease (COVID-19) outbreak, in Beijing, China September 29, 2021. Thomas Peter | Reuters As Beijing’s new regulations put global investors on edge, Morgan Stanley analysts have picked some stocks they think will benefit from those changes. Original news source […]
Elizabeth Holmes, founder of Theranos Inc., exits federal court in San Jose, California, on Tuesday, Aug. 31, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A hedge fund manager who put $96 million into Theranos said he thoroughly investigated the company but was still misled by CEO Elizabeth Holmes about […]
A man attaches a charging plug to a General Motors Co. (GM) Chevrolet 2017 Volt hybrid electric vehicle (EV) at a charging station in Jeju, South Korea. SeongJoon Cho | Bloomberg | Getty Images Soaring demand for electric vehicles has led to a bull run in battery metals and some exchange traded funds are cashing […]