US issues new disclosure requirements to Chinese firms: Report
It’s a step to create investor awareness of the risks involved including of Chinese gov’t interference, Reuters said.
Branson’s Virgin Orbit to go public in Boeing-backed SPAC deal
The reverse merger with NextGen Acquisition Corp II will value the satellite-launch company at $3.2bn.
Three US unions pull out of consumer group over Amazon funding – Aljazeera.com
Three major US workers’ unions announced they were resigning from the board of the National Consumers League.
China’s anti-corruption watchdog eyes new target: alcohol
The watchdog’s comments to replace business drinks with ‘correct values’ sent most alcohol-related stocks tumbling.
Bitcoin bulls eye $50,000 on Senate bipartisan crypto tax deal
Bitcoin surged to its highest level in nearly three months after US senators reached a deal on taxing crypto…
Buffett’s Berkshire Hathaway boosted by US economic rebound
The conglomerate’s manufacturers and retailers bounced back strongly in the second quarter.
Saudi Arabia’s first wind farm begins electricity production – Al Jazeera English
Dumat al-Jandal, the region’s largest wind farm, has been connected to the grid and began producing electricity.
‘Wild West’: Top US financial regulator seeks to rein in crypto
Gary Gensler says SEC should have the power to oversee cryptocurrency exchanges and crypto lending.
Peru’s new FM aims to retain central bank head, calm markets
The former World Bank economist, sworn in Friday, offers a counterbalance to Peru’s newly appointed left-wing gov’t.
Pfizer, Moderna to raise prices for Europe: Report – Al Jazeera English
Europe is keen to shore up protection and curb the spread of the more transmissible Delta variant.
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