Tag: the buzz
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The Buzz | Australia blocks Kirin’s $430M sale of business to Chinese company
Australia’s government announced yesterday it proposed to block Kirin Holdings Co.’s 45.6 billion yen ($430 million) sale of its Australian beverage unit to a Chinese company ... -
The Buzz | Ex-chief of Moutai top liquor brand sentenced to jail for bribery
Liu Zili, former vice chairman and general manager of Kweichow Moutai Group, maker of China’s famous Moutai liquor, was yesterday sentenced to 11 and half years ... -
The Buzz | EU trade chief under pressure for golf event
The EU’s trade commissioner is coming under intense pressure to step down after attending a golf event despite a ban on public gatherings during the pandemic. ... -
The Buzz | North Korea sets rare party meeting after economic shortfall
With unusual candor, North Korean leader Kim Jong Un admitted that U.S.-led sanctions, the pandemic and devastating floods have hurt his country’s dismal economy as his ... -
The Buzz | Poll: Pandemic shifts how consumers use gig companies
When ride-hailing heavyweights Uber and Lyft and delivery giants Grubhub and Instacart began making shared rides and meals available with a few taps on a smartphone, ... -
The Buzz | First Mediterranean cruise sets sail after virus tests
Cruise ship passengers had their temperatures checked and took COVID-19 tests yesterday (Macau time) so they could set sail on what is being billed as the ... -
The Buzz | China’s Hong Kong garrison fires torpedoes in military drill
The Chinese army has released footage of its Hong Kong garrison firing cannons and torpedoes in a drill in the South China Sea amid rising tensions ... -
The Buzz | China extends anti-dumping tariffs on Indian optical fiber
China’s Commerce Ministry said yesterday it has extended punitive tariffs on Indian optical fiber products for five years. The announcement follows a yearlong review after a ... -
The Buzz | US Health Secretary Alex Azar says Covid-19 vaccine ‘not a race to be first’
U.S. Health Secretary Alex Azar says the push to develop a COVID-19 vaccine is “not a race to be first.” Azar’s comments during a visit to ... -
The Buzz | Pompeo opens anti-China, anti-Russia tour in Czech Republic
U.S. Secretary of State Mike Pompeo is in the Czech Republic at the start of a four-nation tour of central and eastern Europe expected to focus ... -
The Buzz | Jimmy Lai’s Next Digital Soars 344% After Arrest, Police Raid
Social media posts urged investors to buy shares of Hong Kong media tycoon Jimmy Lai’s company, following his arrest and police raid of his flagship newspaper. ... -
The Buzz | Trump says generals feel Beirut blast was likely an ‘attack’
President Donald Trump said U.S. military generals have told him that they “seem to feel” the massive explosion that rocked Beirut, killing at least 100 people, ... -
The Buzz | Prosecutor seeking Trump’s taxes cites probe of his business
A New York City prosecutor fighting to get President Donald Trump’s tax returns told a judge yesterday [Macau time] he was justified in demanding them because ... -
The Buzz | Vulnerable eastern China areas evacuated ahead of typhoon
Vulnerable coastal areas were being evacuated and fishing boats recalled to port before a typhoon was expected to bring heavy rains to eastern China late yesterday ... -
The Buzz | London lockdown considered in worst-case scenario
British Prime Minister Boris Johnson is considering sealing off Greater London and ordering at-risk members of the population to stay at home under a potential scenario ... -
The Buzz | NASA launches Mars rover to look for signs of ancient life
The biggest, most sophisticated Mars rover ever built — a car-size vehicle bristling with cameras, microphones, drills and lasers — blasted off for the red planet ... -
The Buzz | Hong Kong economy contracts 9% in latest quarter
Hong Kong’s economy shrank by 9% from a year earlier in the latest quarter, hurt by the coronavirus pandemic and facing more potential damage from the ... -
The Buzz | South China Morning Post to put up paywall amid Kong Kong slump
South China Morning Post is dropping its free online model after months of political unrest and the coronavirus pandemic hit advertising revenue at the Hong Kong ... -
The Buzz | Hong Kong recovery may take longer than expected, Financial Secretary says
Hong Kong’s economy may take longer than expected to recover due to the fluidity of the local virus situation and global economic uncertainties, Financial Secretary Paul ... -
The Buzz | Trump admin $21M gambit for Pepcid as a Covid-19 remedy fizzles
As the coronavirus began its deadly march through the world, two well-respected American doctors identified a possible remedy: Pepcid, the heartburn medication found on drugstore shelves ... -
The Buzz | World shares turn lower as virus caseloads rise
World shares were mostly lower yesterday on renewed worries over surging coronavirus caseloads in many countries. U.S. futures also edged lower, though President Donald Trump’s statement ... -
The Buzz | Report: UK officials ‘avoided’ looking into Russian meddling
A long-awaited report on Russian influence in British politics criticized the British government for neglecting to investigate whether Russia interfered in the 2016 Brexit referendum, describing ... -
The Buzz | UK buying 90 million coronavirus vaccine doses
British officials say they have signed a deal to buy 90 million doses of experimental coronavirus vaccines being developed by the pharmaceutical giant Pfizer and others. ... -
The Buzz | Pakistani police arrest 4 men who destroyed statue of Buddha
Police arrested four men Saturday for allegedly destroying an ancient statue of Buddha they found while doing construction work near an historic Buddhist site in northwest ... -
The Buzz | President Trump and Ivanka criticized over Goya support
US President Donald Trump and his daughter and advisor Ivanka have been criticized for endorsing a Hispanic food company on social media, BBC reports. The pair ... -
The Buzz | Apple wins EU court case over $15 billion in claimed taxes
A European Union court delivered a hammer blow to the bloc’s attempts to rein in sweetheart tax deals between multinationals and individual member countries when it ... -
The Buzz | UK to exclude Huawei from role in high-speed phone network
Britain’s government yesterday backtracked on plans to give Chinese telecommunications company Huawei a limited role in the U.K.’s new high-speed mobile phone network in a decision ... -
The Buzz | Hong Kong increases social distancing measures
Hong Kong has banned public gatherings of more than four and required face coverings on public transport as the city battles an increase in COVID-19 cases. ... -
The Buzz | Singapore’s ruling party holds on to power but faces setback
Singapore Prime Minister Lee Hsien Loong’s long-governing party comfortably won Friday’s general elections as expected amid the coronavirus pandemic, but faced a setback as the opposition ... -
The Buzz | North Korea rejects talks as US envoy arrives in Seoul
North Korea yesterday said it has no immediate intent to resume a dialogue with the United States as U.S. Deputy Secretary of State Stephen Biegun arrived ... -
The Buzz | Chinese diplomat derides UK’s move to offer HK citizenship
China’s ambassador to the UK derided Prime Minister Boris Johnson’s offer to provide up to 3 million Hong Kong people with a path to citizenship, describing ... -
The Buzz | Trudeau suspends Hong Kong extradition treaty on China law
Prime Minister Justin Trudeau is suspending Canada’s extradition treaty with Hong Kong, making it the first country to break law enforcement links with the former British ... -
The Buzz | China demands info from four media companies in response to US
China has demanded staff and business information from four U.S. media companies including The Associated Press in what it called a necessary response to similar demands ... -
The Buzz | Study: Coronavirus immunity may be more widespread than tests suggest
People testing negative for coronavirus antibodies may still have some immunity, a study revealed yesterday by BBC News has suggested. For every person testing positive for ... -
The Buzz | Gold heads for biggest quarterly gain
Gold headed for the biggest quarterly advance since 2016 amid a surge in demand for haven assets due to the coronavirus outbreak, which shows no signs ...
