Tag: firms
Chinese Tech Shares Down, SEC Names First Firms to Face Audit Demands By Investing.com
© Reuters By Gina Lee Investing.com – Chinese tech shares fell on Friday, alongside their U.S. counterparts, as fresh regulatory concerns added to an already volatile market. These concerns stem from the U.S. Securities and Exchange Commission (SEC)’s identification of five Chinese firms that could be subject to delisting if they failed to comply with
S. Korean food firms collaborate in suing Chinese imitators
South Korean food producers established a consortium to file a lawsuit against Chinese firms imitating K-food for violating intellectual property rights. The Korea Food Industry Association’s consortium includes Samyang Food Co., CJ Cheiljedang Corp., Daesang Corp., and Ottogi Co. The Chinese companies, Qingdao Taeyangcho Food Co. and Zhengdao Food Co. have been illicitly copying the
Chinese tech firms with ties to the military added to US blacklist
Seven Chinese businesses with ties to the military were added to the so-called Entity List on Thursday in a move that restricts US firms from dealing with the companies. All seven of the listed companies, the Department said, operate in the field of supercomputing and have helped the Chinese government modernize its military or have
REFILE-FOCUS-Online meal delivery firms knocked off course by coronavirus crisis
(Adds reference to UK in third paragraph) * Most takeaway food apps experience drop in use in Europe * Some branch into grocery delivery, cut fees to restaurants * Coronavirus slows fast-growing meal delivery sector * People prefer to cook at home amid lockdown By Anna Rzhevkina, Hilary Russ and Toby Sterling GDYNIA/NEW YORK/AMSTERDAM, April
