Recent Posts

China orders travel agencies to cancel tours amid virus threat

Bloomberg China has ordered all travel agencies to suspend sales of domestic and international tours as part of an effort to contain the spread of a novel coronavirus that has killed 25 and sickened hundreds. The Ministry of Culture and Tourism ordered travel agencies and tourism companies to stop selling tour packages beginning from January 24, according to a document ...

Read More »

Shetty family’s fortune tumbles $1.5b post Muddy Waters attack

Bloomberg The year is starting off much like the last one ended for the Shetty family. The billionaire clan behind financial services firm Finablr Plc and hospital operator NMC Health Plc has seen its fortune drop more than $1.5 billion since it came under fire in December from short seller Carson Block. The latest blow came after a filing revealed ...

Read More »

Huawei gets reprieve as Trump aides fail to agree on restrictions

Bloomberg A US proposal to further restrict sales to China-based Huawei Technologies Co has encountered objections within the Trump administration and is being held up as officials debate whether the step could harm exporters, a person familiar with the process said. Commerce Secretary Wilbur Ross said new rules coming soon will put more limits on technology sales to Huawei, which ...

Read More »
Send this to a friend