Shanghai’s stop-work, now approaching the third month for some of the affected companies, has taken a crucial quarter out of earnings and is driving many businesses to the brink of collapse. ( read original story ...)
Shanghai Lockdown Easing Doesn’t Mean End to Shipping Snarls
China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply-chain congestion, according to a major shipping company.Most Read from ... ( read original story ...)
Chinese yards get ready for restart as Shanghai lockdown draws to an end
Shangahi has been under lockdown since early April, bringing to economic activity to a standstill, including engineering, procurement and construction work for floating production ... ( read original story ...)
You Bought. They Sold. Meet some of the insiders who unloaded $35 billion of stock in the tech IPO bonanza that tanked.
Stocks of FIGS, Coinbase, Coupang and Robinhood have plunged since 2021 IPOs. But not before executives and financial backers sold portions of their holdings. ( read original story ...)
Bankers allowed back to work in Shanghai: sources
STORY: Shanghai has been in the grip of a lockdown for seven weeks. That as authorities try to clamp down on a new virus outbreak. But now Reuters sources say at least some workers may be headed back ... ( read original story ...)
‘Huge’ Pressure For Shanghai To Stay COVID-free As Lockdown End Nears
Health authorities in Shanghai faced "huge" pressure to keep China's most populous city free of COVID-19 as residents were counting down the days until June 1 when their lockdown is set to end after ... ( read original story ...)
LIC’s listing-day show second-worst globally for big IPOs this year
The worst was that of chip manufacturer ASR Microelectronics, whose shares had slumped 34% in Shanghai during their trading debut in January following its $1.1 billion IPO ... ( read original story ...)