Tag: Foreign Investments

White House Warns Against Chinese Investment, Citing Risk of Further Sanctions

WASHINGTON — White House officials on Tuesday warned a federally administered retirement plan for railroad workers against investing in Chinese companies and said that additional sanctions could be on the way in return for China’s role in spreading the coronavirus. The national security adviser, Robert C. O’Brien, and the director of the National Economic Council, […]

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China’s National Security Law Wins Business Support

HONG KONG — The business world has largely fallen in line behind China’s campaign to tighten its grip on Hong Kong, including its support for a new national security law that many residents fear will hurt the former British colony’s status as a laissez-faire, freethinking city. Beijing twisted some arms to win that support, hinting […]

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Supreme Court Limits S.E.C.’s Power to Recoup Ill-Gotten Gains

WASHINGTON — The Supreme Court ruled on Monday that the Securities and Exchange Commission may ask courts to order disgorgement of ill-gotten profits, preserving a tool that has allowed it to recover billions of dollars. But the justices said courts should place significant limits on what kinds of disgorgements are permissible. Three years ago, the […]

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Fears for Volvo Expose Sour Turn in Sweden’s Ties With China

GOTHENBURG, Sweden — The 2009 meeting in Shanghai between the Swedish union leader and the “Chinese Henry Ford” started in a minibus ride and ended in one of the financial capital’s most opulent hotels. There, the men struck an unlikely alliance to save the struggling Swedish carmaker Volvo. The president of Geely Auto Group, Li […]

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The Pandemic Will Permanently Change the Auto Industry

FRANKFURT — Some automakers may emerge stronger, others too weak to survive on their own. Factories will shut down. The pressure to go electric could become more intense. People may travel less now that they have discovered how much they can get done from home. Or they may commute more by car to avoid jostling […]

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The Pandemic Will Permanently Change the Auto Industry

FRANKFURT — Some automakers may emerge stronger, others too weak to survive on their own. Factories will shut down. The pressure to go electric could become more intense. People may travel less now that they have discovered how much they can get done from home. Or they may commute more by car to avoid jostling […]

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North Macedonia Awaits Marijuana Laws to Become a ‘Cannabis Superpower’

SKOPJE, North Macedonia — In a desolate industrial zone of this capital city, a cannabis grow house is under construction that, when finished, will span 178,000 square feet, about the size of a Walmart superstore. At full capacity, 17 tons of marijuana a year, worth about $50 million, will be harvested. Among the planned offerings […]

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In World’s Most Vulnerable Countries, Coronavirus Pandemic Rivals the 2008 Crisis

In New Delhi, a fruit vendor whose sales have dropped by half now dilutes the milk she serves to her five children. In central Turkey, a company that runs hot air balloon rides for tourists has banished its 49 employees to indefinite leave while cutting their wages by half. In Manila, a bartender for an […]

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In World’s Most Vulnerable Countries, the Pandemic Rivals the 2008 Crisis

In New Delhi, a fruit vendor whose sales have dropped by half now dilutes the milk she serves to her five children. In central Turkey, a company that runs hot air balloon rides for tourists has banished its 49 employees to indefinite leave while cutting their wages by half. In Manila, a bartender for an […]

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Violence in India Threatens Its Global Ambitions

NEW DELHI — Until recently, Prime Minister Narendra Modi’s campaign to portray India as a rising power seemed to be ticking along despite troubles at home. Much of the world remained quiet, or cautious, in recent months as India began locking up hundreds of opposition politicians and activists without charge across the country. Business executives […]

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3 Former Barclays Executives Are Cleared of Fraud Charges

LONDON — A jury acquitted three former Barclays executives of fraud charges related to the British bank’s efforts to raise $15 billion worth of financial lifelines from Qatar and other investors during the 2008 global financial crisis. The verdict dealt a major blow to efforts by British regulators to hold bank executives accountable for their […]

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Harvard and Yale Ensnared in Education Dept. Crackdown on Foreign Funding

WASHINGTON — A federal crackdown on universities that fail to disclose donations and contracts from foreign governments has ensnared Harvard and Yale, the Education Department said on Wednesday. In letters to the schools on Tuesday, the department wrote that it was investigating whether the two Ivy League universities had failed to report at least $375 […]

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