Latest in Chinese Firms Ports
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Private equity firm Providence weighs £1bn sale in latest events transaction
Company in early stage deliberations over sale of CloserStill amid surging demand for conferencesFinancial Times - 4h -
TikTok Users Flee to a Chinese App: 'RedNote'
Chinese users of Xiaohongshu, or Little Red Book, welcome Americans fleeing a feared TikTok ban.The Wall Street Journal - 1d -
KPMG readies challenge to US law firms
Big Four accounting firm wins panel endorsement for Arizona license to offer legal services to corporate AmericaFinancial Times - 16h -
Kalshi names Donald Trump Jr. as strategic advisor to prediction market firm
The president-elect's eldest son's growing business footprint now includes the prediction market platform that rose to prominence during the 2024 election.CNBC - 1d -
GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - 1d -
Taiwan reports 'significant rise' in suspected Chinese espionage
Taiwanese charged with suspicion of spying on behalf of China rose by a third to 64 people last year, the island’s National Security Bureau said.NBC News - 1d -
Transfer rumors, news: Man City make firm move for Marmoush
Manchester City are on the verge of signing striker Omar Marmoush from Eintracht Frankfurt. Transfer Talk has the latest news, gossip and rumors.ESPN - 3d -
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Israel Strikes Ports and a Power Plant in Houthi-Controlled Parts of Yemen
Israel and its allies have escalated strikes against the Houthis, trying to force the Iran-backed group to stop firing on Israel and Red Sea shipping.The New York Times - 4d -
Falling Chinese bond yields signal concern with deflation
Investors expect price pressures to become entrenched in world’s second-largest economyFinancial Times - 5d -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - 5d -
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
After a contentious negotiation, the International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) on Wednesday announced a tentative deal on a new six-year master contract.CNBC - 5d -
Second Ports Strike Avoided as Dockworkers Reach Contract Deal
An agreement on automation and job preservation was crucial to the six-year agreement between the union and management at major East and Gulf Coast ports.Inc. - 5d -
Dockworkers and port operators strike labor deal, again dodging strike
Automation was at the center of a long-running labor dispute that threatened to close East and Gulf Coast ports.CBS News - 6d -
Port Strike Averted With Labor Deal Days Before Deadline
Dockworkers and employers on the East and Gulf Coasts had until Jan. 15 to reach a new agreement that settled differences over automation.The New York Times - 6d -
Dockworkers union, port companies reach tentative 6-year deal
Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S.NBC News - 6d -
Longshoremen reach tentative agreement with ports, shippers, averting a potential strike
U.S. longshoremen reached a contract agreement with ports and shippers Wednesday, averting a potential strike that could have damaged the American economyABC News - 6d -
Port Workers Could Strike Again if No Deal Is Reached on Automation
Cargo could stop flowing at East and Gulf Coast ports, which handle most imports, if a union and an employers’ group can’t agree on the use of machines that can operate without humans.The New York Times - 6d -
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Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...The Hill - 6d -
Port strike looms ahead of Trump inauguration
Tens of thousands of longshoremen could walk off the job from Maine to Texas next week if their union and management can’t resolve long-running contract issues. A damaging strike that kicks off a ...The Hill - 6d -
Chinese airlines rush into Europe as western carriers retreat
Ability to keep flying over Russia helps three big state-owned carriers undercut European rivalsFinancial Times - Jan. 8 -
Another potential port strike is looming. Here's what to know.
After reaching a tentative deal that suspended a short strike in October, unionized dockworkers and port operators face another crucial test.CBS News - Jan. 7 -
As Port Talks Resume, Strike Deadline Looms
Dockworkers along the East and Gulf Coasts threaten to walk off the job on January 15, over concerns about increased automation and job losses, creating economic uncertainty.Inc. - Jan. 7 -
Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.BBC News - Jan. 7 -
Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.CNBC - Jan. 7 -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
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Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
Chinese cyber firm linked to botnet attack sanctioned in US
The federal government hit Chinese cyber group Integrity Technology Group with new sanctions on Friday, citing alleged computer intrusion incidents against those in the U.S. At the direction of the ...The Hill - Jan. 3 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - Jan. 2 -
How the Threat of Another Costly U.S. Port Strike Returned in 2025
Just three months after an October contract agreement, lingering conflicts between longshoremen and U.S. port operators mean a potentially disastrous strike could still happen.Inc. - Jan. 2 -
Suspected Chinese underwater spy drone found by fishermen
Officials said the drone was not armed, but the police report listed "potential national security implications" as one significance of its recovery.CBS News - Jan. 2 -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - Jan. 1 -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.The Wall Street Journal - Jan. 1
