China Market Shutdown

Now into its second week, Avatar: The Way of Water has collected an outstanding $889.4 million (about Rs. 7,355 crore) at the global box office. Roughly $601.7 million (about Rs. 4,976 crore) was grossed from markets outside the US, with China maintaining its spot as a top market despite theatre shutdowns due to the COVID-19 surge. Accordion to Dis...

Tencent will no longer release digital collectibles to the public on its non-fungible token (NFT) platform Huanhe as regulatory scrutiny of NFTs mounts in the country. Huanhe was officially launched early last August. However, the owners of existing collectibles will still be able to hold, display or request a refund for their possessions.

Microsoft’s second quarter earnings fell shy of expectations, the tech giant announced on Tuesday. The announcement comes on the back of production holdups in China in May, and weakening demand for PCs among users. The company also said that the earnings dive was due to foreign exchange rates and shutdowns of PC factories in China. However, Micro...

The pan-European FTSEurofirst 300 index and the euro zone's blue-chip Euro STOXX index both fell 2 per cent. Germany's DAX declined 1.4 per cent, while Britain's FTSE 100 weakened by 1.6 per cent.

India's Rs 15,000-crore seamless pipe industry is staring at a spectre of large scale job cuts and plant shutdowns due to dumping by China at "rock bottom" prices in the domestic market, say industry insiders.

Now into its second week, Avatar: The Way of Water has collected an outstanding $889.4 million (about Rs. 7,355 crore) at the global box office. Roughly $601.7 million (about Rs. 4,976 crore) was grossed from markets outside the US, with China maintaining its spot as a top market despite theatre shutdowns due to the COVID-19 surge. Accordion to Dis...

Tencent will no longer release digital collectibles to the public on its non-fungible token (NFT) platform Huanhe as regulatory scrutiny of NFTs mounts in the country. Huanhe was officially launched early last August. However, the owners of existing collectibles will still be able to hold, display or request a refund for their possessions.

Microsoft’s second quarter earnings fell shy of expectations, the tech giant announced on Tuesday. The announcement comes on the back of production holdups in China in May, and weakening demand for PCs among users. The company also said that the earnings dive was due to foreign exchange rates and shutdowns of PC factories in China. However, Micro...

The pan-European FTSEurofirst 300 index and the euro zone's blue-chip Euro STOXX index both fell 2 per cent. Germany's DAX declined 1.4 per cent, while Britain's FTSE 100 weakened by 1.6 per cent.

India's Rs 15,000-crore seamless pipe industry is staring at a spectre of large scale job cuts and plant shutdowns due to dumping by China at "rock bottom" prices in the domestic market, say industry insiders.