China Unveils Sweeping Rules for Foreign IPOs in Didi’s Wake

(Bloomberg) — China has unveiled sweeping regulations governing overseas share sales by the country’s firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc.’s controversial listing. Most Read from Bloomberg The regulations, issued by the country’s securities watchdog, commerce ministry and top economic planning agency over the past week, cast more uncertainty over the prospects for overseas initial public offerings that had… Source link

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China Unveils Sweeping Rules for Foreign IPOs in Didi’s Wake – Yahoo Finance

(Bloomberg) — China has unveiled sweeping regulations governing overseas share sales by the country’s firms, taking one of its biggest steps to tighten scrutiny on international debuts in the wake of Didi Global Inc.’s controversial listing. Most Read from Bloomberg The regulations, issued by the country’s securities watchdog, commerce ministry and top economic planning agency over the past week, cast more uncertainty over the prospects for overseas initial public offerings that had… Source link

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Sun Bowl back on with Central Michigan joining Washington State

The Sun Bowl is back on. After its originally scheduled opponent Miami dropped out because of a reported COVID-19 outbreak on the team, Washington State will now face Central Michigan in the Dec. 31 bowl. A day after Miami canceled, CMU lost its bowl opponent on Monday when Boise State had to withdraw from the Arizona Bowl because of its own COVID-19 outbreak. With two teams in need of a bowl partner, it didn’t take long for the natural conclusion to play out. The Arizona Bowl, with a… Source link

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Magic Johnson gives a no on HBO series on Showtime Lakers

HBO’s upcoming mini-series on the Los Angeles Lakers is churning up plenty of interest.  Just not from Magic Johnson.  The basketball icon and centerpiece of the 1980s “Showtime” Lakers who won five NBA championships got caught by TMZ’s cameras on Sunday. He was asked his thoughts on the upcoming show titled “Winning Time: The Rise Of The Lakers Dynasty.”  He’s not interested. “I’m not really looking forward to it,” Johnson told TMZ. “I’m gonna leave it at that.” Asked if he’s planning on… Source link

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Elizabeth Holmes jury fails to reach verdict, set to reconvene Tuesday

After four full days of deliberations in the fraud case against Elizabeth Holmes, no verdict was reached by the time jurors were excused on Thursday afternoon. Deliberations in the case, which includes more than 900 exhibits and testimony from 32 witnesses, including Holmes herself, resumed Monday following a three-day weekend due to a court holiday Friday. Deliberations are scheduled to resume at the federal courthouse in San Jose on Tuesday, starting at 8:30 a.m. Pacific Time. Holmes, 37,… Source link

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Google’s settlement of Street View privacy case OK’d on appeal

Google Street View cameras are seen on a vehicle proceeding up Yonge Street in midtown Toronto, Ontario, Canada June 17, 2021. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register Street View vehicles improperly collected Wi-Fi data Google settled claims with class of millions of people Agreed to pay internet privacy interest groups, but not class members The company and law firm names shown above are generated automatically based on the text of the article. We are… Source link

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Jimmy Garoppolo injured thumb vs. Titans

It sounds like Jimmy Garoppolo‘s thumb injury is worse than a sprain. Shortly after the San Francisco 49ers announced that their quarterback sustained a sprained thumb on his throwing hand, NFL Network’s Ian Rapoport reported that he has a chipped bone and torn ligament in the injured thumb. Garoppolo suffered the injury during the first half of Thursday’s loss to the Tennessee Titans. Head coach Kyle Shanahan initially revealed the injury Monday, telling reporters that Garoppolo sustained a… Source link

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Rams’ Matthew Stafford not playing at Super Bowl level

To this point, the NFL has shown it isn’t like the NBA, where a super team can join forces and produce championships. Much of that, of course, is simple numbers: There are only five players per team at a time on a basketball court and they play offense and defense. This year’s Los Angeles Rams are trying to show it can be done in the NFL, adding Matthew Stafford, Von Miller and Odell Beckham Jr. to a roster that already included Aaron Donald, Jalen Ramsey and MVP candidate Cooper Kupp. The Source link

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Google enters 2022 battling antitrust actions on multiple fronts — with more likely to come

Google parent Alphabet Inc. GOOGL, +0.67% GOOG, +0.63% is in the hottest of hot seats as the antitrust spotlight intensifies on Big Tech, with multiple actions expected to come to a head in 2022. A rumored Justice Department lawsuit targeting Google’s digital advertising practices tops its list of regulatory headaches heading into the new year. The suit, which would be the second monopoly case against the company’s… Source link

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It’s December 1999 Based on the NYSE Shares Touching New Lows

(Bloomberg) — Amid all the celebration of a rousing year-end in stocks, Doug Ramsey has a sobering observation about a situation below the market’s surface. Most Read from Bloomberg Last week, when the S&P 500 closed at a 52-week high, 334 companies trading on the New York Stock Exchange hit a 52-week low, more than double the amount that marked new one-year highs. That’s happened only three other times in history — all of them in December 1999, according to Ramsey, who is chief… Source link

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