China is established to convene a historic assembly on Oct. 16. Here is what to expect

China is established to convene a historic assembly on Oct. 16. Here is what to expect


Key Details
  • The Communist Celebration of China’s best leaders are anticipated to suggest that the social gathering maintain its 20th Nationwide Congress on Oct. 16 in Beijing, condition media announced Tuesday.
  • This 12 months, the gathering normally takes on extra significance as it’s turn out to be a extensively viewed marker for when China may begin to relieve its stringent zero-Covid coverage.
  • President Xi Jinping will likely raise his share of political associates at the major two stages of the Chinese leadership, according to Eurasia Team.



Source

Disney investors say handling of Jimmy Kimmel suspension put politics over shareholders, demand records
Finance

Disney investors say handling of Jimmy Kimmel suspension put politics over shareholders, demand records

Key Points The American Federation of Teachers, AFL-CIO, and Reporters Without Borders are seeking board materials, communications and policies related to the suspension of “Jimmy Kimmel Live!”  The groups argue that the decision was driven by threats from federal regulators and broadcast affiliates, rather than a business calculation in shareholder interests. Source

Read More
Stocks making the biggest premarket moves: Intel, Oracle, Lithium Americas, Opendoor and more
Finance

Stocks making the biggest premarket moves: Intel, Oracle, Lithium Americas, Opendoor and more

Check out the companies making the biggest moves in premarket trading: Oracle — The database software company fell 3% as worries around the AI trade continue to drag the stock lower. Rothschild & Co Redburn initiated coverage of Oracle with a sell rating, saying the market is “materially” overestimating Oracle’s contracted cloud revenues. It sees […]

Read More
Early Revolut backer invests in AI-focused finance software startup Light
Finance

Early Revolut backer invests in AI-focused finance software startup Light

Key Points Light, a Danish financial software startup, told CNBC it has raised $30 million in a Series A funding round led by Balderton Capital. Founded in 2022, Light’s software uses artificial intelligence to automate businesses’ accounting, bookkeeping and financial reporting. The startup recently opened an office in London and is planning to open one […]

Read More