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Factbox: List of 31 Chinese companies designated by the U.S. as military-backed
November 23, 2020November 17, 2020 pbcinfonet

Factbox: List of 31 Chinese companies designated by the U.S. as military-backed

Business

The Trump administration on Thursday unveiled an executive order prohibiting U.S. investments in Chinese firms that Washington says are owned or controlled by the Chinese

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Exclusive: Indonesia to woo Tesla investment in push to become battery superpower
November 22, 2020November 17, 2020 pbcinfonet

Exclusive: Indonesia to woo Tesla investment in push to become battery superpower

Business

Indonesian President Joko Widodo said he will send a high-level team next week to meet with top executives of U.S. automaker Tesla as the Southeast

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Russia’s Ozon targets $750 million in IPO as e-commerce booms: sources
November 21, 2020November 17, 2020 pbcinfonet

Russia’s Ozon targets $750 million in IPO as e-commerce booms: sources

Business

Russian online retailer Ozon plans to raise about $750 million in an initial public offering (IPO) in the United States to help fund its expansion

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WeWork losses mount but sees ‘seismic shift’ in office leasing to its favor
November 20, 2020November 17, 2020 pbcinfonet

WeWork losses mount but sees ‘seismic shift’ in office leasing to its favor

Business

WeWork Companies LLC’s revenue declined but its cash burn slowed in the third quarter, a company memo showed on Thursday, as management expressed confidence the

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U.S. life insurers face questions about risk after Fed report
November 19, 2020November 17, 2020 pbcinfonet

U.S. life insurers face questions about risk after Fed report

Business

U.S. life insurers face questions about their ability to cover a sudden rush of claims after the Federal Reserve highlighted liquidity and leverage risks in

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Lockdown 2.0: Food companies overhauled production to put more toilet paper, pasta sauce in stores
November 18, 2020November 17, 2020 pbcinfonet

Lockdown 2.0: Food companies overhauled production to put more toilet paper, pasta sauce in stores

Business

When rumors first began to circulate that the UK would go back into lockdown, Leanne Barnes despaired as bread and toilet roll flew off the

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NY Fed’s Williams: U.S. economy still in ‘deep hole’ and rising infections pose risk
November 17, 2020 pbcinfonet

NY Fed’s Williams: U.S. economy still in ‘deep hole’ and rising infections pose risk

Business

The U.S. economy is on a positive trajectory, but it is still in a “deep hole” and a rise in coronavirus infections could slow growth,

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