foreign

Foreign Businesses Worry As China Food Import Law Kicks In

Getting wine, chocolate, and coffee into China could get even harder from Saturday, with new import restrictions adding fresh hurdles for foreign companies bringing products into the world’s largest market for food and drink. Chinese consumers bought $108 billion worth of imported produce in 2020, with that number set to grow for 2021 as imports …

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China Denies Report It Is Looking To Close Foreign IPO Loophole

Beijing on Wednesday denied a report that it was looking to plug a loophole used by Chinese tech companies to go public on foreign stock markets. Bloomberg News reported, citing unnamed people familiar with the matter, that China was planning to ban firms from using offshore structures known as variable interest entities (VIE), closing a …

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Bangladesh Demonstrators Demand Foreign Treatment For Ailing Ex-PM

Bangladesh police fired tear gas and around 20 people were injured Monday as thousands of opposition demonstrators demanded the government allow ailing ex-premier Khaleda Zia to fly abroad for treatment. Zia, 76, arch-rival of current Prime Minister Sheikh Hasina, was admitted to the critical care unit of a Dhaka hospital early this month after her …

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In Shift, Venezuela Opposition Takes Part In Vote As Foreign Teams Observe

With opposition parties participating for the first time since 2017 and European Union observers returning, Venezuela’s Sunday elections represent an early contest for power between the government and rivals in a country mired in economic crisis. An estimated 21 million Venezuelans will be going to the polls to elect 23 state governors, as well as …

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Venezuela Opposition Takes Part In Election As Foreign Teams Observe

Venezuelan opposition parties participated in elections Sunday for the first time since 2017, voting for governors and mayors in a litmus test for President Nicolas Maduro’s government amid international sanctions and economic crisis. With European Union observers returning to the country after a 15-year absence, long queues of voters formed early at polling booths in …

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Foreign tourism to Spain slumps 93.6% in February amid COVID curbs

FILE PHOTO: A person teaches surfing to children at Barceloneta beach, amid the coronavirus disease (COVID-19) outbreak, in Barcelona, Spain April 3, 2021. REUTERS/Nacho Doce/File Photo April 6, 2021 By Emma Pinedo and Aida Pelaez-Fernandez MADRID (Reuters) – Tourist arrivals to Spain plummeted 93.6% year-on-year in February as visitors stayed away from bars and beaches …

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Asian equities witness foreign outflows for third month in March

FILE PHOTO: A currency dealer works in front of electronic boards showing the Korea Composite Stock Price Index (KOSPI) and the exchange rate between the U.S. dollar and South Korean won, in Seoul, South Korea, March 23, 2020. REUTERS/Heo Ran April 6, 2021 By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Foreigners were net sellers …

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Senators Request Big Corps to Reveal Details on Foreign and Domestic Buyers of User Data

A bipartisan group of senators is questioning eight major U.S. corporations about the transmission of American user data to foreign bidders, used for digital advertising in the majority of cases. “We write to seek information about your company’s sharing of Americans’ personal data in order to understand how that information may be obtained and exploited …

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Former Obama Cabinet Official Took Undisclosed Foreign Cash

Former Secretary of Transportation Ray LaHood took $50,000 from a foreigner without disclosing the funds, violating government ethics rules, the Department of Justice said March 31. LaHood, 75, was a Cabinet member during the Obama administration from 2009 to 2013. Before that, he was a Republican member of Congress. LaHood was “suffering significant financial difficulties” …

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