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Chinese companies on U.S. exchanges still waiting for Beijing's approval to trade

After months of market confusion following China's announcement last summer that it would release new rules for domestic companies wanting to sell shares in international exchanges, Chinese regulators released a draft of the rules last month, according to published reports.


Trade

Report: China won't meet 2020 trade deal promises

China will fall short of meeting its promise to buy an additional $200 million in U.S. products in 2020 and 2021, the New York Times reported.


Trade

Walmart feeling heat in China over compliance with new U.S. law

With Congress passing legislation banning virtually all imports from Xinjiang amid human-rights and forced-labor issues, Walmart Inc. has come under fire on Chinese social media for discontinuing sale of items produced in the region, according to published reports.


Trade

Francisco Partners 'excited' with acquisition of Office Ally

Office Ally recently announced its acquisition by Francisco Partners, a worldwide investment company specializing in technology business partnerships.


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Enfusion partners with Coinbase to establish digital asset connectivity

Enfusion and Coinbase Global announced Dec. 22 they will partner to ensure secure and seamless cryptocurrency trading on the Coinbase platform for investment managers and financial institutions.


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Uber to sell non-strategic stakes in other companies

Uber recently announced it plans to sell its non-strategic stakes in other companies.


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OPEC raises Q1 2022 oil demand forecast, expects 'mild' impact from omicron variant

The alliance of oil exporting countries raised its forecast for global demand in the first quarter of 2022 by 1.1 million barrels a day.


Trade

RJS Trading International sold to private investor with advice of Generational Equity

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, announced Dec. 10 the sale of its client, RJS Trading International, LTD.


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Flora Growth to ‘set new industry standards’ with Toronto-based brand partnership

California-based company Vessel Brand has been selected to help Toronto-based company Flora Growth Corp. to expand its dry herb product offering.


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'Ideally positioned': Advent Global Technology II raises $4 billion, a third more than expected

Advent International had a goal of raising $3 billion through a fundraising opportunity called Advent Global Technology II, but the company went above and beyond and beat that total by a full billion dollars, raising $4 billion after six months in the market.


Trade

TNS investing in 'fast-developing' Asian markets

Transaction Network Services (TNS) is investing resources to enhance global connectivity in Asia, as many companies on the continent experience global growth.


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Energy producers question Biden administration's suggested changes to oil, gas leasing practices

The Institute for Energy Research (IER) recently responded to the U.S. Department of the Interior's report that recommended "significant reforms" be made to federal oil and gas leasing practices.


Trade

Chevron Shipping joins Sea Cargo Charter: 'objective to decarbonize shipping'

Chevron Shipping Co. is set to join Sea Cargo Charter, practicing responsible shipping reporting to promote decarbonization and green environmental actions.


Trade

Study shows CO2 emissions worldwide may have been flat for a decade

Data from the Global Carbon Project released last month shows carbon dioxide emissions have risen this year following a COVID-19 pandemic-related drop in 2020.


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Gate Energy opens office in Mexico City

Gate Energy continues its global expansion with a new establishment in Mexico City.


Trade

Omicron variant's effect on oil prices uncertain: 'OPEC+ needs a bit more time'

The COVID-19 variant, Omicron, is throwing an uncertain picture on the outlook for oil prices, according to the Associated Press.


Trade

Canada, Australia, UK join diplomatic boycott of Winter Olympics in Beijing

Following the lead of the United States, Canada, Australia and the United Kingdom have announced that they will also not be sending officials to the upcoming 2022 Winter Olympics in Beijing due to the poor human rights record of the People's Republic of China.


Trade

IMF completes mission with Senegalese authorities

A staff team from the International Monetary Fund (IMF), led by Ms. Corinne Deléchat, conducted a hybrid mission from October 22 to November 20, 2021 to conduct the 2021 Article IV consultation, the fourth review under the PCI and the first review of the 18-month financing arrangements under the SCF and SBA.


Trade

IMF completes first review of program with Guinea Bissau

The Management of the IMF approved on Nov. 9 the completion of the first review of Guinea Bissau’s SMP.


Trade

'A significant step': Accelalpha expands into Mexico

Accelalpha has expanded its presence in North America with a new Mexico-based establishment