DiDi Means War – A Financial Cold War With China

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DiDi Means War – A Financial Cold War With China

“Xi Jinping and Washington’s China hawks unite against Chinese tech IPOs in US.” – Financial Times Headline. Beijing’s crackdown on one of China’s giant technology firms – DiDi, the “Uber of China” – impacts more than just that company (and its investors).
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Delta accounts for 80% of new cases

New Delhi: The Delta variant was primarily responsible for the second wave of Covid-19 in the country, accounting for over 80 per cent of new cases,
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Ministers seek to stamp out rip-offs with new consumer protections

Government will protect consumers’ hard-earned cash and stamp out exploitation of online consumers; new powers for the competition regulator will improve enforcement and tackle subscription traps and fake reviews so people can spend with confidence …
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If you're considering a mortgage refinance, rates may be going even lower

Mortgage giants Fannie Mae and Freddie Mac have said they will drop the Adverse Market Refinance Fee for all refinanced mortgages starting next month. The refinance fee translated to a charge of 0.5% on refinanced loans, or roughly $500 for every $100,000 …
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Ed Ludlow on Bezos Heading to Space (Audio)

Ed ludlow, Bloomberg's Tech Reporter, breaks down Jeff Bezos launching to space with Blue Origin. He speaks with Ed Baxter on Bloomberg Radio.
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