Topline Boulder High School in Colorado was evacuated Wednesday morning after an unconfirmed report of an active shooter was called into local police, as police departments across Colorado investigate...
Tag: lockdowns
Five Chinese startups that survived a tough year of Covid lockdowns
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year of Covid lockdowns and travel restrictions...
China’s Covid lockdowns are having a lessening impact on its economy
Pictured here are locals on a subway in Zhengzhou city, Henan province, on Dec. 5, 2022, after the municipality said negative nucleic acid test results are no longer needed to ride public transportati...
China’s capital city Beijing battles Covid with more apartment lockdowns
Covid restrictions have tightened in Beijing while infections keep soaring, prompting lockdowns of communities. Jade Gao | Afp | Getty Images BEIJING — China’s capital city is grinding to a near...
Farfetch Q3 Hit by Russia Exit, China Lockdowns
Farfetch is everywhere in luxury, not just serving as the digital platform for boutiques, but also signing deals with Compagnie Financière Richemont to eventually gain control of Yoox Net-a-porter and...
China COVID Cases Increase Though No Lockdowns
China Last Night KraneShares Key News Asian equity markets were mixed as Japan and South Korea outperformed while India had the day off for Guru Nanak Jayanti which celebrates the birth of the first S...
China’s Covid lockdowns an ‘absolute gut punch’: Analyst
COVID lockdowns at Apple’s (AAPL) main iPhone 14 Pro and iPhone 14 Pro Max plant in Zhengzhou, China, are hitting the company at what’s arguably the worst possible time. The holiday season is Apple’s ...
China’s tourism revenue was below pre-Covid 2019 levels amid lockdowns
National tourism revenue for the long weekend ended Monday reached 28.68 billion yuan ($4.16 billion), only 60.6% of pre-pandemic levels in 2019, according to China’s Ministry of Culture and Tou...
China Billionaire Guo Guangchang’s Flagship Fosun Int’l Plunges To Nine-Year Low As Tourism Stake Cut
China billionaire Guo Guangchang’s Fosun International controls money-losing Fosun Tourism, the … [+] owner of Club Med and other luxury tourism brands. (Photo by Chesnot/Getty Images) Get...
Oil falls Due to USD and China Lockdowns; Gold Nears $1700
As China continues to struggle in its battle against the COVID pandemic and concerns of a worldwide recession mount as rates rise, crude oil prices are plummeting. OPEC+ is expected to discuss output ...
Xintiandi Developer Shui On Sees Possible “Golden Era” After Profit Drops By 58% Amid Shanghai Lockdowns
Xintandi office buildings located in central Shanghai. (Photo by Ryan Pyle/Corbis via Getty Images) Corbis via Getty Images Profit at Shui On Land, the Hong Kong-headquartered developer of Shanghai’s ...
Pandemic’s Impact On China’s Economy Is Only Short Term, U.S. Ambassador Says
Ambassador Qin Gang at the Fourth U.S.-China Business Forum. China’s Embassy to the U.S. The impact of the Covid-19 pandemic on China’s economy is only short-term, China Ambassador to the U.S. Q...
Ajisen Joins Yum China With Weak Results Amid Lockdowns
Pedestrians walk past a Japan-based fast food restaurants chain Ajisen Ramen restaurant in Shanghai … [+] in 2019. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) SOPA Images/LightR...
Loss Ballooned At China Tavern Chain Helens Amid Lockdowns
Women wearing face masks look at a smartphone as they stand on a street corner in Beijing on July 6. … [+] Residents of parts of Shanghai and Beijing have been ordered this month to undergo furt...
Elon Musk: Tesla Sold Its Bitcoin Because of COVID Lockdowns in China
During Today’s Tesla earnings call, Tesla CEO Elon Musk explained the reason for the company’s sale of 75% of its Bitcoin holdings, worth approximately $936 million, as noted in its Q2 earnings ...
China’s Domestic Tourism Shrinks Amid Covid Lockdowns
The Great Wall of China has long been a popular tourist attraction in the country. (AP Photo/Ng Han … [+] Guan) Copyright 2020 The Associated Press. All rights reserved. A global focus of China’...
New Lockdowns Pushed Burberry Sales Down By 35% In China
Tottenham Hotspur’s Son Heung-min—Burberry’s latest brand ambassador—celebrates a goal against Team … [+] K League earlier this week in Seoul. (Photo by Jung Yeon-je / AFP) (Photo by...
China’s Economic Growth Sees Major Slump Following Months Of Stringent Covid Lockdowns
Topline China’s economy witnessed a major slowdown in growth in the second quarter of 2022, according to official data published on Friday, an outcome that is likely to raise fresh questions about the...
China Lockdowns, Inflation Fuel 15% Drop In Global PC Shipments
Healthcare workers in protective gear give residents their Covid-19 tests in Shanghai on Sunday. … [+] Shanghai’s Covid-19 cases continued to rise, prompting authorities to declare more high-ris...
GM reports worst sales in China since onset of Covid-19 lockdowns
WUHAN, CHINA – 2022/05/18: Employees wearing masks work on a car assembly line at the SAIC General Motors Co. The SAIC General Motors Wuhan Branch has resumed production following epidemic preve...
China Tourism, Airline Stocks Climb On Shorter Quarantines For Int’l Arrivals; Trip.com Soars 14%
Shares in Shanghai-headquartered Trip.com rose by 14% in morning trade in the U.S. on hopes shorter … [+] quarantines for international arrivals in China will help business at the country’...
China Deletes Reference To Five Years Of “Zero-Covid” Policies In Beijing — CNN
Residents queue at a Covid-19 testing facility in Beijing on June 19, 2022. Source: Bloomberg © 2022 Bloomberg Finance LP Chinese censors deleted what appears to be a misleading quote by a senior Comm...
U.S.-China Business Ties Are “Better Than The Headlines”
Travel restrictions related to Covid underscore the importance of a strong local management team in … [+] China, says National Committee on U.S.-China Relations President Steve Orlins. Bill Russ...
Key Indicator Shows China’s Economy Set For Further Slump
WUHAN, CHINA – FEBRUARY 10: A man wears a protective mask on February 10, 2020 in Wuhan, China. … [+] Flights, trains and public transport including buses, subway and ferry services have b...
China’s Reopening is No Blossoming of Energy Markets
A transit officer, wearing a protective gear, controls access to a tunnel in the direction of Pudong … [+] district in lockdown as a measure against the Covid-19 coronavirus, in Shanghai on Marc...
China’s Unpredictability Is “Poisonous” For Its Business Environment, EU Chamber Says
A volunteer in protective gear fans himself with a paper printed with a health QR code at a COVID-19 … [+] testing site in Beijing, Monday, June 20, 2022. (AP Photo/Andy Wong) ASSOCIATED PRESS U...
U.S. Firms In Shanghai Cutting Revenue Forecasts, Investment Plans After Lockdowns — Survey
A police patrol vehicle monitors the crowd along Shanghai’s iconic Bund on June 1. Lockdown … [+] restrictions have eased in much of the city this month but residents face stringent travel...