Page 4 - Key Things News Today

The uber starting offer of the Life Insurance Corporation of India, or LIC, is at last set to open one week from now, on May 4 and close on May 9. The bid for anchor financial backers is set to open on May 2, as the public authority hopes to raise about Rs 21,000 crore through the LIC IPO.

As the authorities in China’s biggest city fight to stamp out an Omicron outbreak, neighbors are turning to one another for support.

China’s capital reported 22 cases as it kicked off an ambitious mandatory testing campaign across the city and reassured residents that food and other supplies were plentiful.

Supermarkets stocked up as long lines formed. The Chinese authorities ordered mass testing to contain a rising number of coronavirus cases in an affluent district of the capital.

China’s capital city is not as central to global production networks as Shanghai, but the costs for global companies will still mount if lockdowns spread.

In potentially opening the door to a Chinese military base, the Solomon Islands threatens the balance of power in a vital shipping region.

Cities and towns across the country are shutting down, hoping to sidestep the pitfalls and stumbles that Shanghai has faced battling the Omicron variant.

The country’s lockdowns have trapped truck drivers on highways, halted production lines and forced some importers to source goods from outside China.

Human rights activists and others urged the Biden administration to cast a wide net to stop imports of products made with forced labor in Xinjiang.

John Lee, who spent his career in Hong Kong’s security services, is likely to continue Beijing’s emphasis on political stability above all else.