Page 4 - Covid Zero News Today

The new offer, earlier reported by the South China Morning Post, is pitched at $160 per share, the same level as ByteDance offered to employees in November, the people said, asking not to be named discussing a private matter.

(Bloomberg) -- ByteDance Ltd., parent of social video phenom TikTok, is offering to buy back up to $5 billion from investors, according to people familiar with the matter.Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock Value Tops $4 Trillion, Narrowing Gap With Hong KongMoody’s Cuts China...

ByteDance Ltd., the parent company of popular social video platform TikTok, is offering to buy back up to $5 billion from investors at $160 per share, the same level offered to employees in November, Bloomberg Business reported.

ByteDance Ltd., parent of social video phenom TikTok, is offering to buy back up to $5 billion from investors, according to people familiar with the matter. The new offer, earlier reported by the South China Morning Post, is pitched at $160 per share, the same level as ByteDance offered to…

International Business News: Moody's cuts outlook for Chinese sovereign bonds to negative, highlighting global concerns about debt levels in the world's second-largest economy. Ch

Chinas financial regulator has called on provinces to develop their own plans to address financial risks, as reported by Xinhua News Agency. This comes after officials previously committed to establishing a mechanism to tackle local debt issues. In an interview, Li Yunze, the head of the National Financial Regulatory Administration, emphasized the need for China to enhance its efforts in financial risk management.

JD.com revenue rose 1.7 per cent to US$34.2 billion in the three months through September amid a price war with Alibaba and PDD.

A surge in clean power generation will reduce carbon emissions in China next year and could put the world’s biggest polluter on a path to sustained declines,…

A surge in clean power generation will reduce carbon emissions in China next year and could put the world’s biggest polluter on a path to sustained declines, according to a

China’s biggest art fairs are back in a first post-Covid test of collectors’ appetite, at a time when the economy is facing mult...