New York exit: Didi bows to regulatory pressure for U.S. delisting

New York exit: Didi bows to regulatory pressure for U.S. delisting

HONG KONG, Dec 3 (Reuters) – Just five months after its debut, ride-hailing giant Didi Global (DIDI.N) said it plans to withdraw from the New York stock exchange and pursue a Hong Kong listing, a stunning volte-face as it bends to Chinese regulators angered by its U.S. IPO.Its shares plunged 9% in premarket trading, after … Read more

GSK says tests indicate antibody drug works against Omicron

GSK says tests indicate antibody drug works against Omicron

Sotrovimab, developed with Vir, tested in lab and on hamstersKey Omicron mutations did not elude drug activity in studyTests continuing on further mutationsDec 2 (Reuters) – Laboratory analysis of the antibody-based COVID-19 therapy GlaxoSmithKline (GSK.L) (GSK) is developing with U.S. partner Vir (VIR.O) has indicated the drug is effective against the new Omicron variant, the … Read more

Dutch police arrest couple attempting to flee quarantine for Spain

Dutch police arrest couple attempting to flee quarantine for Spain

The “Appointment Desk” for quarantine and coronavirus disease (COVID-19) test appointments inside Schiphol Airport is pictured after Dutch health authorities said that 61 people who arrived in Amsterdam on flights from South Africa tested positive for COVID-19, in Amsterdam, Netherlands, November 27, 2021. REUTERS/Eva PlevierRegister now for FREE unlimited access to reuters.comRegisterAMSTERDAM, Nov 28 (Reuters) … Read more

Macau arrests 11 people for alleged illegal gambling and money laundering

Macau arrests 11 people for alleged illegal gambling and money laundering

A logo of Macau junket operator Suncity Group is seen at a gaming fair in Macau, China November 18, 2015. REUTERS/Bobby Yip//File PhotoRegister now for FREE unlimited access to reuters.comRegisterHONG KONG, Nov 28 (Reuters) – Macau police have arrested 11 people in an investigation into an illegal gambling and money laundering syndicate, according to an … Read more

Pfizer/BioNTech, Moderna expect data on shot’s protection against new COVID-19 variant soon

Pfizer/BioNTech, Moderna expect data on shot's protection against new COVID-19 variant soon

Empty vials of the “Comirnaty” Pfizer-BioNTech COVID-19 vaccine are seen inside a waste package at a coronavirus disease (COVID-19) vaccination center in Madrid, Spain, November 24, 2021. REUTERS/Sergio Perez/File PhotoRegister now for FREE unlimited access to reuters.comRegisterLooking for signs that warrant a vaccine redesignBioNTech says it understands experts’ concernsBioNTech, Pfizer in effort to establish relaunch … Read more

China asks Didi to delist from U.S. on data security fears – Bloomberg News

China asks Didi to delist from U.S. on data security fears - Bloomberg News

SHANGHAI, Nov 26 (Reuters) – Chinese regulators have asked top executives of ride hailing giant Didi Global Inc (DIDI.N) to devise a plan to delist from the New York Stock Exchange due to concerns about data security, Bloomberg News reported.China’s tech watchdog wants the management to take the company off the U.S. bourse on worries … Read more

UK’s Virgin Money revives dividend, targets cost savings

UK's Virgin Money revives dividend, targets cost savings

People walk past a Virgin Money store in central London, Britain, July 27, 2021. REUTERS/Henry NichollsNov 4 (Reuters) – Virgin Money UK (VMUK.L) reinstated its dividend on Thursday as earnings recovered from the COVID-19 pandemic, with the bank setting new medium-term growth targets for margins and cost savings.”We performed very strongly in FY21, with an … Read more