Shares of Yum China Holdings Inc are set to open at HKUS$410 (US$52.90) each, down 0.5per cent from the offering price as the company's dual-listed stock began trading in Hong Kong on Thursday.
Oil futures fell in early trade on Thursday, paring overnight gains, on worries about fuel demand after data showed U.S. crude stockpiles rose last week, rather than dropping as expected, and COVID-19 cases continued to rise around the world.
New York City restaurants will be able to resume indoor dining at 25per cent capacity with some restrictions on Sept. 30, New York Governor Andrew Cuomo said on Wednesday, relaxing one of last big lockdown limitations on life in the nation's most populous city.
Asian markets are expected to swing higher on Thursday, after U.S. stocks reversed course from a three-day losing streak that led the technology-heavy Nasdaq into correction territory.
Chinese internet giant ByteDance is in talks with the US about ways it might avoid having to sell its TikTok operations here, the Wall Street Journal reported Wednesday.
Boeing Co is submitting to an independent review of its compliance and ethics practices, according to an agreement struck with NASA and the U.S. Air Force and seen by Reuters, part of widening fallout from its behavior in bidding to supply lunar landing vehicles.
The key mechanism used by Facebook to transfer data from the European Union to the United States "cannot in practice be used" for such transfers, according to Ireland's Data Protection Commission, Facebook said on Wednesday.
Stopping trade means China loses too, and Beijing must know the world is watching, says James Laurenceson.
The U.S. Department of the Treasury’s Office of Foreign Assets Control announced two settlements totaling US$583,100 with Deutsche Bank Trust Company Americas to resolve investigations into violations of Ukraine-related sanctions, the agency said on Wednesday.
After more than a year in a tailspin, Italian sports car brand Maserati unveiled on Wednesday a new high performance sports car, part of a bid by parent Fiat Chrysler Automobiles NV to revive its premium vehicle strategy heading into its merger with French automaker Peugeot SA .
