Volkswagen shareholders demand more scrutiny after China plant audit
Volkswagen should regularly scrutinize its operations in China to ensure its supply chain is safe and comply with human rights laws, two of the carmaker’s investors said, following an audit of its jointly owned Xinjiang site. No signs of forced labor were found. The demands made by Union Investment and Deka Investment on Wednesday reflect […]
HHS cyber attack at the start of COVID in 2020 was bigger than first estimated
On March 15, 2020, just days after the US declared a national emergency due to the COVID-19 pandemic, computer networks U.S. Department of Health and Human Services Disappeared from the internet for a short time. In public remarks the next day, HHS Secretary Alex Azar Blamed the 10-minute outage on a cyberattack, but downplayed its […]
Chinese experts pressure Moody’s to cut sovereign bond outlook
By Bloomberg News China experts hit back at Moody’s Investors Service for lowering its outlook on the country’s sovereign bonds and questioned its understanding of the world’s second-largest economy. Feng Qiaobin, deputy director of macroeconomic research at the Development Research Center of the State Council, said Moody’s cut its outlook to negative based on […]
Health Care Roundup: Market Talk
Updated December 5, 2023 12:30 PM ET The latest market briefings covering the health care sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1147 ET – JPMorgan says European pharmaceutical and biotech companies with new drugs and high growth prospects are the best investment bets in the region […]
US-South Korea Policy Coordination on Advanced Technology
On November 1, 2023, the Program on US-Korea Policy of the Council on Foreign Relations held a virtual workshop on US-South Korea Policy Coordination towards China on Advanced Technology. This workshop was made possible by a generous grant from the Smith Richardson Foundation. Introduction In response to the Chinese government’s aspirations to play a leading […]
Shein IPO: Lawmakers investigate forced labor
After this, lawmakers are increasing the investigation of Sheen Filed confidentially to go public Last week. One congressman who sits on a key committee is even threatening to legislate to prevent the retailer from doing business if the U.S. Securities and Exchange Commission does not reject its application. Rep. Blaine Luetkemeyer, R-Mo. released a video […]
Due to rising debt, Moody’s has reduced the outlook on China’s sovereign bonds to negative.
By Bloomberg News Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deep global concerns about debt levels in the world’s second-largest economy. According to a statement, Moody’s has reduced its outlook on the country’s sovereign bonds from stable to negative while maintaining the long-term rating at A1. Greider said China’s […]
Chinese rocket startup resumes launches after its first failure
One of China’s leading space startups launched two satellites into orbit, putting the company’s ambitious plans back on track after its first rocket failure in September. A Ceres-1 rocket from Galactic Energy Aerospace Technology Company The launch took place at 7:33 a.m. local time on Tuesday from the Jiuquan Satellite Launch Center in northern China, […]
Challenges of Health Insurance: Barriers to Affordable and Accessible Healthcare
Health insurance is often viewed as a safety net, providing individuals with affordable and accessible health care. However, results from a recent survey The event, hosted by PhRMA, highlights the challenges facing uninsured Americans and points out that being insured does not always guarantee optimal health care outcomes. From concerns about out-of-pocket costs to difficulties […]
US sets limits on sourcing of materials from China to get EV tax credit
By Joe Dukes, Gabriele Coppola and Ari Natter The Biden administration released long-awaited rules to prevent electric-vehicle makers from sourcing battery materials from China and other foreign rivals, while giving automakers some flexibility to comply with the new mandates. The guidelines, which were required as part of a deal to extend a $7,500 tax credit […]