Yuan's Global Use Faces Test as Xi's Reforms Rattle Markets – Bloomberg

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Yuan's Global Use Faces Test as Xi's Reforms Rattle Markets – Bloomberg

… close to January's record high of 43.8%, according to Bloomberg calculations based on data from the State Administration of Foreign Exchange.
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Five Things You Need to Know to Start Your Day – Bloomberg

Powell speech, delta fears and Biden defiant. Treasury watch. Fixed-income investors are looking to next week's Jackson Hole symposium for an
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Business Challenges And Opportunities Arise As Lease Accounting Deadline Looms – Forbes

New lease accounting standard ASC 842 requires businesses to represent their real estate and equipment leases on their balance sheet. While this
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Tesla Boosts China Public Relations, Legal Teams After Setbacks – Bloomberg

Tesla Boosts China Public Relations, Legal Teams After Setbacks. Bloomberg News. August 16, 2021, 9:51 PM PDT. EV pioneer
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Trading platform Bitpanda raises $263M at a $4.1BN valuation

Today it’s topping that: Announcing a $263M Series C, led by Peter Thiel’s Valar Ventures, with the fintech startup now valued at a whopping $4.1BN — more than 3x its earlier valuation as crypto trading continues cooking on gas.
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