Monday, July 5, 2021

Reuters Business: Chinese regulators suggested Didi delay its U.S IPO - WSJ

Chinese regulators suggested Didi delay its U.S IPO - WSJ

China's cybersecurity watchdog suggested Didi Global Inc (DIDI.N) delay its initial public offering and urged it to review its network security, weeks before the Chinese ride-hailing giant went public, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Didi cybersecurity probe blindsides shareholders days after debut

Chinese regulators have gained a reputation for aggressive action, but even hardened investors were shocked by the announcement of a probe into ride-hailing firm Didi (DIDI.N) just two days after its $4.4 billion New York stock market debut.

OPEC disagreement lays bare growing UAE-Saudi economic rivalry

Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry between the two largest Arab economies which only looks set to intensify, several regional analysts said.

Coop, other ransomware-hit firms, could take weeks to recover, say experts

Computer systems of several companies across the world, including 800 physical grocery stores of Sweden's Coop, that were shut down after attacked by REvil ransomware could take weeks to recover, cyber security experts said.

World shares cling near record highs

World stocks clung close to record highs on Monday as worries about the Delta variant of COVID-19 offset positive sentiment from surging euro zone business activity and a welcome U.S. jobs report.

NTSB recovers Boeing airplane debris off Hawaii in probe of emergency landing

The U.S. National Transportation Safety Board on Monday said it has recovered debris from a downed Boeing 737-200 cargo plane and will continue to investigate the cause of the aircraft's emergency water landing, which injured two people, off Hawaii last week.

NFT sales volume surges to $2.5 bln in 2021 first half

The market for non-fungible tokens (NFTs) surged to new highs in the second quarter, with $2.5 billion in sales so far this year, up from just $13.7 million in the first half of 2020, marketplace data showed.

Coop, other ransomware-hit firms, could take weeks to recover, say experts

Computer systems of several companies across the world, including 800 physical grocery stores of Sweden's Coop, that were shut down after attacked by REvil ransomware could take weeks to recover, cyber security experts said.

Porsche AG, Croatia's Rimac set up JV involving VW's Bugatti brand

Volkswagen's (VOWG_p.DE) luxury sportscar unit Porsche AG on Monday said it agreed to form a joint venture (JV) with Croatia's Rimac Automobili that will include VW's Bugatti brand, confirming plans mapped out earlier this year.

World shares hold near record highs

World stocks stayed close to record highs on Monday as investors weighed surging European business activity and a welcome U.S. jobs report against worries about the highly transmissible Delta variant of COVID-19.

Related Videos

Google, Facebook, Twitter may quit Hong Kong

Didi says app removal may hurt revenue

Sydney Airport gets $16.7 bln buyout bid

No comments:

Page List

Blog Archive

Search This Blog

Project Safe Childhood News Update

Offices of the United States Attorneys   You are subscribed to Project Safe Childh...