U.S, And China Sign Audit Deal
China has agreed to allow U.S. regulators audit accounting firms in China and Hong Kong, allaying fears that 200 companies, including Alibaba Group, JD.Com Inc and others, will be barred from trading on U.S. exchanges. The agreement will calm the US-China feud and give China access to the world’s deepest capital markets. U.S. officials note […]
DELL Terminates Operations in Russia
As a result of the ongoing conflict between Russia and Ukraine, Dell has announced that it will cease all Russian operations. The conflict has already led to several companies either leaving Russia or Ukraine or ceasing their activities in both countries. “In mid-August, we closed our offices and ceased all Russian operations. Back in February, […]
Bitcoin falls Below US$20,000 Mark
Bitcoin has fallen below US$20,000 for the first time since mid-July, down nearly 60% from its peak in 2022. Saturday’s readings show that it has fallen 1.5% to US$19,946, or $298 less than the previous closing price. It is now estimated to be 58.7% below the peak of US$48,234 set on March 28, 2022. Meanwhile, […]
