Hard-Hit Shanghai Extends Covid Lockdown As Cases Surge

Topline Shanghai reported more than 13,000 new Covid-19 cases on Tuesday as the city’s outbreak surges despite an ongoing lockdown, prompting authorities in the Chinese financial hub to indefinitely e...

Tesla Crypto Tokens Surge Despite Shanghai Shutdown as Musk Acquires Stake in Twitter

Tesla crypto token trading suggests investors’ continued confidence in the automaker, despite the shutdown of its factory in Shanghai due to COVID-19 restrictions. Crypto tokens of the electric vehicl...

Tesla Crypto Tokens Rise as Shanghai Shutdown Discounted

(Bloomberg) — Tesla Inc. investors are signaling confidence that the automaker can power through disruptions such as the continued shutdown of its Shanghai factory due to Covid-19 lockdowns, at ...

Tesla’s Token Rises Despite Shanghai Factory Shutdown

Regardless of Tesla’s Shanghai factory shutdown recently, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares, Bloomberg report...

Tesla Crypto Rises Despite Shanghai Factory Shutdown

Regardless of Tesla’s Shanghai factory shutdown recently, investors believe the automaker will survive the disruptions as its crypto-token trading suggests a rise in its shares, Bloomberg report...

China Covid-19 Outbreak Disrupting Supply Chains, Manufacturing, Investment, Staffing — AmCham Survey

Near deserted streets in the Puxi area of Shanghai, China, on Saturday, April 2, 2022. Shanghai’s 25 … [+] million residents are almost all under some form of lockdown as the financial hub scram...

Traders Caught in Shanghai Lockdown Skip Showers, Lose Sleep

(Bloomberg) — Henry, a fund manager, is currently sharing a single bathroom in his office in Shanghai’s financial district with more than 20 people, none of whom have access to a shower. He does...

Aptiv And Thyssenkrupp Join Tesla In Plant Shutdowns As Covid Surges In Shanghai

SHANGHAI,CHINA – MARCH 29: An aerial view of Tesla Shanghai Gigafactory on March 29, 2021 in … [+] Shanghai, China. Tesla Shanghai Gigafactory is reportedly producing vehicles at a rate of...

Shanghai Expands Lockdown As Covid Outbreak Worsens

Topline Authorities in Shanghai have expanded its pandemic restrictions by locking down western parts of the city two days ahead of schedule as the number of Covid-19 cases in China’s financial ...

How The Shanghai Covid Shutdown Will Be Used Against The West

A Chinese flag is seen in front of containers at the Yangshan Deep-Water Port, an automated cargo … [+] wharf, in Shanghai. The port is closed all week do to Covid. (Photo from JOHANNES EISELE/A...

Oil slides more than 8% as Shanghai lockdown prompts demand fears

Andrey Rudakov | Bloomberg | Getty Images Oil declined more than 8% during Monday morning trading on Wall Street as concerns over new lockdowns in China and the potential impact on demand sent prices ...

Tesla Shanghai Factory to Remain Closed Today to Adhere with Covid Restrictions

During the fourth quarter of 2021, Tesla produced over 305,000 EVs and made deliveries of over 308,000. As China authorities fight a major Covid resurgence wave, Tesla Inc (NASDAQ: TSLA) Shanghai fact...

Shanghai Enters Two-Stage Lockdown As China Scrambles To Contain Covid Surge

Topline The city of Shanghai on Monday entered a two-stage lockdown, China’s biggest in more than two years, as the country’s financial hub with a population of 26 million continued to report a growin...

China is shutting down Shanghai in two phases to control Covid

Health workers wearing protective gear as a measure against the Covid-19 coronavirus walk down a street in Jing’an district in Shanghai on March 26, 2022. Hector Retamal | Afp | Getty Images BEI...

China Stocks Slide as Shanghai Lockdown Deepens Growth Concerns

(Bloomberg) — Chinese stocks fell as a lockdown in Shanghai to combat a virus flareup raised worries over disruptions to business operations and the toll on economic growth. Most Read from Bloom...

Ethereum Shanghai Upgrade Details Unveiled by EF: EVM, Fees, What Else?

Vladislav Sopov Ethereum (ETH) engineers shared protocol of All Core Devs #10 meeting with latest updates on Kiln testnet and next Ethereum (ETH) fork, Shanghai Contents New EVM, reconsidered Beacon C...

ETH’s Shanghai update: Assessing what it means for the Ethereum ecosystem

2022 has been a busy period for the Ethereum community with many updates already released. The ETH 2.0 is expected to be launched in June 2022. But that is not it. The All Core Developers of the Ether...

China’s Trip.com Posts $131 Mln Loss In 4th Quarter As Pandemic Drags On

Workers control access into a closed off community on Sunday, March 13, 2022, in Beijing. New … [+] coronavirus cases have created a drag on the country’s travel industry. (AP Photo/Ng Han...

Sanctions-hit Chinese facial recognition firm DeepGlint in muted trading debut in Shanghai, with US$1 billion market cap

Chinese artificial intelligence (AI) company DeepGlint, which once targeted a US$300 billion valuation, made its trading debut in Shanghai on Thursday, but quickly saw its share price decline amid the...

Shanghai Crypto Pyramid Scheme With Over 60,000 Victims Busted ⋆ ZyCrypto

Advertisement &nbsp &nbsp Key Takeaways Law enforcement agencies in Shanghai have infiltrated a crypto pyramid scheme. The scheme involved over 60,000 victims and 100 million ...

Shanghai police bust $16 million crypto pyramid scheme

TL;DR Breakdown Shanghai police have busted a $16 million cryptocurrency pyramid scheme. The scheme was operated by a group of online scammers. The scammers lured people in with the promise of high re...

Tesla factory in Germany gains conditional approval for production

A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021. Pa...

Global investors buy more mainland Chinese stocks

A public screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai, China, on Monday, Feb. 7, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — International investor...

Warburg Pincus-Backed ESR Resumes Buying Spree With China, India Warehouse Deals

Workers move parcels on a conveyor belt at a JD.com sorting center in Beijing, China, on October 15, … [+] 2021. Gilles Sabrie/Bloomberg Fresh from completing the $5.2 billion acquisition of Sin...

IMAX Returns To Profit In China Amid Box Office Recovery

“You’d be a fool to underestimate the role of China – its 1.4 billion people, its increased … [+] demographics, its increased quality of film, its increased budgets, its increased box office,” I...

Ethereum Developer Talks Kintsugi Bugs, New Kiln Testnet, Shanghai Upgrade, And More

In an update report, core Ethereum developer Tim Beiko has outlined the noteworthy moments and events happening since the launch of the Kintsugi testnet. He has also highlighted plans of focusing on p...

Ethereum First Post-Merge Fork Takes Shape: What is Shanghai?

Vladislav Sopov Ethereum (ETH) developer and researcher Tim Beiko shares All Core Devs update to cover the second cryptocurrency’s agenda and its community Contents Kintsugi will be sunset, Klin...

Tesla Lithium Supplier Ganfeng Says Profit Soared As Much As 437% In 2021

About half of Tesla’s global production is at this Gigafactory in Shanghai, according to a Reuters … [+] estimate. Photo is from Dec. 2020. Photographer: Qilai Shen/Bloomberg © 2020 Bloomb...

Shanghai Stocks Rise as China Loosens, Bitcoin Unmoved – Trustnodes

Stocks rose in China by about 1% even as red greets most global markets after their central bank, PBOC, lowered interest rates on a short term lending facility. China’s central bank said it will cut t...

Shanghai government caps price on ‘blind boxes’, prohibits sale to children aged below 8

Shanghai’s market regulator on Friday issued a new directive that puts a cap on the price of so-called blind boxes – popular sealed packages that contain collectible goods – and rest...

SICC Listing Mints New China Tech Billionaire

A security officer wearing a face mask walks in front of the Shanghai Stock Exchange building last … [+] year. (AP Photo) ASSOCIATED PRESS This week’s listing of shares in SICC, a maker of silic...

Jessica Wang Named CEO At Hong Kong Billionaire Vincent Lo’s Flagship Shui On Land

Shui On Land is the developer of Shanghai’s iconic Xintandi nightlife and commercial district. … [+] (Photo by Ryan Pyle/Corbis via Getty Images) Corbis via Getty Images Shui On Land, the ...