As part of Beijing’s unprecedented scrutiny of private sector firms, Chinese regulators are considering pressing data-rich companies to hand over management and supervision of their data to third-party firms if they want US stock listings, sources said. The regulators believe
Category: Business
China crackdown on tutoring sector leads to protests
Chinese President Xi Jinping’s crackdown on the tutoring industry aims to help create a more harmonious society by leveling the education playing field for children across the country, but it’s having the opposite effect early on. There have been eight
Bitcoin breaks through $50,000 for the first time since May
Bitcoin topped $50,000 for the first time since May as crypto prices continued an ongoing recovery from a disorderly rout just three months ago. The largest virtual coin advanced 3.8% to $50,272 as of 6:53 a.m. in New York, with
Megaship that blocked Suez crosses canal again
The giant container ship Ever Given, which blocked the Suez Canal for six days in March, crossed the waterway again for the first time since it left Egypt after the incident. The ship, en route from the United Kingdom to China, entered
Local Jobs: Check Out Who’s Hiring In The Harlem Area
HARLEM, NY — Though the economy has yet to fully recover from the impact of the pandemic, opportunities are still out there including in the Harlem area and across greater New York. However, local job opportunities are still out there,
After Sudden Closure, Harlem’s Sushi Inoue To Reopen on 125th
HARLEM, NY — Months after it closed abruptly, Sushi Inoue is plotting a return to Harlem as part of a new development on 125th Street. The upscale sushi bar first opened in 2015 on Lenox Avenue near West 129th Street. Its chef,
Darn Tough Vermont Launches New Hike and Lifestyle Offerings for Spring ‘22
PRESS RELEASES | Published Aug 6, 2021 As interest in the outdoors continues to be at an all-time high, Darn Tough Vermont is providing premium performance socks for activity-driven consumers with new innovation and styles as part of the Spring
The collapse of Enron and the dark side of business
I was crouching on the marble floor of a US Senate committee room, hunched over a recording machine, as witnesses swore to tell the truth about the breath-taking collapse of Enron, the seventh largest company in the US. Just a
‘Made in China’ products are running into new logistics problems
Chinese home appliance company Hisense has big plans to sell more goods overseas, but it said global shipping congestion has multiplied costs and caused delays. It’s not been easy, generally, for Chinese multinationals. Out of about 3,400 Chinese companies that