Showing 1 - 10 of 16
China to fine ride-hailing giant Didi more than $1bn
AFP, Published on 20/07/2022
» BEIJING: China is preparing to hit ride-hailing giant Didi with a fine of more than US$1 billion to wrap up a long-running probe, media reports said, boosting investor hopes that the country's tech crackdown is winding down.
EU sees Iran nuclear deal in 'days' as envoy due in Tehran
AFP, Published on 27/03/2022
» TEHRAN - The European Union's coordinator for efforts to restore the Iran nuclear deal was due in Tehran for Sunday talks, as its foreign policy chief saw a renewed accord in "days".
SoftBank's $40 bn sale of chip group Arm to Nvidia collapses
AFP, Published on 08/02/2022
» TOKYO - Japan's SoftBank confirmed Tuesday that the $40 billion sale of chip business Arm to Nvidia had collapsed because of "significant regulatory challenges" over concerns about competitiveness, and said it planned to now take the unit public.
Chinese ride-hailing giant Didi to de-list from New York exchange
AFP, Published on 03/12/2021
» BEIJING: Chinese ride-hailing giant Didi Chuxing said Friday it would start the process of de-listing its shares from the New York stock exchange, shortly after US regulators adopted a rule that would allow them to remove foreign firms.
US adopts rule that could see Chinese firms leave Wall Street
AFP, Published on 03/12/2021
» WASHINGTON: US market regulators on Thursday announced the adoption of a rule allowing them to delist foreign companies from Wall Street exchanges if they fail to provide information to auditors, which is aimed primarily at Chinese firms.
Beijing asks ride-hailing giant Didi to delist from US: report
AFP, Published on 26/11/2021
» BEIJING - Regulators in China have asked ride-hailing giant Didi to draw up a plan to delist from the United States over data concerns, a report said Friday, as Beijing continues its tight scrutiny of domestic tech giants.
US moves to end terror designation of Yemen Huthis
AFP, Published on 06/02/2021
» WASHINGTON - The US has moved to delist Yemen's Huthi rebels as a terrorist organization, removing a block that humanitarian groups said jeopardized crucial aid as the country's warring sides cautiously welcomed a push for peace by President Joe Biden.
US formally moves to end terror designation of Yemen Huthis
AFP, Published on 06/02/2021
» WASHINGTON - The US has moved to delist Yemen's Huthi rebels as terrorists, removing a block that humanitarian groups said jeopardized crucial aid, as the country's warring sides welcomed a push for peace from new president Joe Biden.
NYSE to delist 3 Chinese telecom firms in new reversal
AFP, Published on 07/01/2021
» NEW YORK: The New York Stock Exchange reversed course again on Wednesday, saying it would delist three Chinese telecom equities from trading due to new US government guidance.
NYSE scraps plan to delist China telecom firms
AFP, Published on 05/01/2021
» NEW YORK: The New York Stock Exchange abandoned plans to delist three state-owned Chinese telecom companies on Monday, reversing a decision that further dented already strained relations between the world's two superpowers.