U.S.-listed Chinese companies traded lower in early trading on Friday on a Reuters report that the U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings (IPOs) and other sales of securities by Chinese companies.
The Tokyo Olympics is battling through a pandemic, with the Japanese capital in a state of emergency amid a record spike in COVID-19 cases, but athletes, officials and staff also face another pervasive, deadly health threat: the heat. The risks of heatstroke at one of the hottest Games on record are borne not only by the athletes, but also by the thousands of staff, especially at outdoor venues. In addition to conventional measures like water spray and mist fans, organisers are going high-tech, deploying a cloud-based system from Chinese e-commerce giant Alibaba Group to monitor workers' real-time conditions and send warnings and advice at signs of danger.
(Bloomberg) -- Beijing pressed ahead with moves to assert greater control over technology companies, continuing a campaign that’s roiled financial markets and prompted Washington to suspend public offerings by Chinese companies on U.S. exchanges until risks are better disclosed.In a flurry of action Friday, authorities summoned the country’s largest technology companies for a warning on data security, vowed tighter oversight of overseas share listings and accused ride-hailing companies of anti-c