• Global Application Lifecycle Management Market 2020-2024 | Improved Cost Savings to Boost Growth | Technavio
    Business Wire

    Global Application Lifecycle Management Market 2020-2024 | Improved Cost Savings to Boost Growth | Technavio

    The Global Application Lifecycle Management Market will grow by $ 1.78 bn during 2020-2024

  • Dow Jones Futures Rise On Moderna Coronavirus Vaccine News After Stock Market Rally; Tesla Rallies On Cybertruck Tax Breaks
    Investor's Business Daily

    Dow Jones Futures Rise On Moderna Coronavirus Vaccine News After Stock Market Rally; Tesla Rallies On Cybertruck Tax Breaks

    Dow Jones futures rose on positive Moderna coronavirus vaccine news, following a stock market rally rebound. Three key earnings reports loom.

  • Nike and Grateful Dead jam on new trio of psychedelic sneakers
    USA TODAY

    Nike and Grateful Dead jam on new trio of psychedelic sneakers

    The Nike SB Dunk Low Grateful Dead sneakers, available in three different colors, begin becoming available later this week.

  • Massachusetts sues Uber, Lyft over driver status as contractors
    Reuters

    Massachusetts sues Uber, Lyft over driver status as contractors

    The complaint filed in Suffolk Superior Court claims Uber and Lyft violate state minimum wage, hour and sick time laws. "Uber and Lyft have built their billion-dollar businesses while denying their drivers basic employee protections and benefits for years,” Massachusetts Attorney General Maura Healey said in a statement.

  • Hyperion's hydrogen-powered supercar launches in August
    Engadget

    Hyperion's hydrogen-powered supercar launches in August

    Hyperion Motors has been working on a supercar project for years, and according to a teaser video, we’ll meet the hydrogen-powered XP-1 next month. For now, all we have is this vague teaser, which contains a shadowed image of a swoopy vehicle that will wrap around a “high-performance, zero-emissions hydrogen-electric powertrain.”

  • Thomson Reuters StreetEvents

    Edited Transcript of OC.DI earnings conference call or presentation 21-May-20 11:30am GMT

    Q1 2020 Orascom Construction PLC Earnings Call

  • IPOs Boom With Lasting Pandemic Effect on How Deals Get Done
    Bloomberg

    IPOs Boom With Lasting Pandemic Effect on How Deals Get Done

    (Bloomberg) -- Equity issues are surging to a record high and projected to stay strong for the rest of 2020 even as the pandemic upends traditional in-person marketing junkets.The initial public offerings process-- not just how deals are getting done but also how they’re structured -- has adapted in ways that will change capital markets for years to come.Instead of companies shuttling between cities and sometimes continents to meet investors, roadshows have gone virtual and are now often shortened to four to five days from seven to eight. Meanwhile, more informal test-the-waters meetings have lengthened and prospective investors are indicating their interest earlier.“Investors are realizing the IPO roadshows are becoming more condensed from a time standpoint, which puts more importance on the testing the waters interactions with investors in advance of the IPO launch,” said Ryan Parrish, head of Bank of America Corp.’s Americas equity capital markets syndicate.While these meetings are similar to a formal roadshow, no official orders for shares are taken. The U.S. Securities and Exchange Commission amended rules last year to allow all companies to have these meetings, which were previously only available to emerging growth companies.Their purpose can also be to find potential cornerstone or anchor investors to secure commitments before formal book building starts. That can smooth the first few months of trading, allocating more stock to large investors who are less likely to sell right away.ZoomInfo Technologies Inc., a business intelligence company that went public last month, received commitments from BlackRock Inc., Fidelity Investments and Dragoneer Investment Group LLC for as much as $300 million combined in advance. Cornerstone investments have long been common in listings across Asia, but have been less popular in the U.S., especially on competitive technology offerings.Commitments can take the form of an anchor investment, which is a large order in the IPO, for investors who want to avoid triggering an immediate regulatory disclosure.Most listings now attract significant indications of interest from investors before the deal launch, said Will Connolly, head of technology ECM at Goldman Sachs Group Inc. That wasn’t common before the pandemic.Debut PopsAnchor deals have helped bring back the feted IPO pop, when a company’s shares skyrocket from the offering price on their debut.All but eight of the 37 U.S. IPOs that raised at least $100 million since mid-March saw their shares jump by at least double-digits from their offer prices after the first day of trading. Only one major listing, private equity-backed supermarket chain Albertsons Cos., didn’t price within or above the marketed range.On Tuesday, bank software provider nCino Inc. rose 195% in its trading debut, the biggest first-day gain for a U.S. listing this year.Despite steep drops in March when the U.S. locked down, the Nasdaq Composite Index and S&P 500 are now both hovering around their all-time highs. As the equity markets roared back, equity issuance in the second quarter exceeded $130 billion, the most active on record. That compared to $41 billion in volume in the first quarter.In June, new listings, including those by blank-check firms, and follow-on offerings raised a combined $67 billion.Record follow-on trades were led by PNC Financial Services Group Inc., which in May sold its $14 billion stake in BlackRock Inc., and Sanofi raising $11.7 billion by selling its holdings in Regeneron Pharmaceuticals Inc.Look AheadDespite a presidential election looming, it could be an unusually busy third quarter.Palantir Technologies Inc. announced this month it has filed confidentially with regulators for a public stock listing, a major step toward a market debut that has been many years in the making. The company has been weighing a direct listing instead of a traditional IPO, people with knowledge of the matter have said. The parent company of the mortgage giant Rocket Mortgage and Quicken Loans is also on deck.“If the market remains healthy and strong, more people will try in September as an opportunity in front of the election,” said Colin Stewart, ECM vice-chairman at Morgan Stanley.Other areas that should remain hot are IPOs by biotechnology firms and blank-check companies. Jordan Saxe, Nasdaq’s head of health-care listings, expects about 45 to 50 biotech listings this year, raising over $9 billion combined. Saxe had earlier forecasted 30 to 35 listings raising $3.5 billion.For blank-check deals, the largest one on-record is close to pricing within days. It’s the special purpose acquisition company, or SPAC, backed by billionaire investor Bill Ackman. Pershing Square Tontine Holdings Ltd. could raise $4 billion from an IPO this week.SPACs used to be viewed as an IPO last resort, which isn’t the case anymore, said Barbara Ard, who leads accounting and transactions services at MorganFranklin Consulting. “It’s now just a different way to get access to capital.”While bankers trickle back into some offices in New York and other U.S. finance centers, some plans are being postponed while Covid-19 cases surge in certain states. But that’s unlikely to hurt activity, advisers said, as they have had several months to adapt to the new way of getting deals done.“An IPO can be done virtually,” said Greg Chamberlain, head of JPMorgan Chase & Co.’s U.S. technology, media and telecommunications equity capital markets. “The process changes, evolves and innovates.”(Updates with nCino closing price in 12th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • BHP faces first step in $6.3 billion UK claim over Brazil dam failure
    Reuters

    BHP faces first step in $6.3 billion UK claim over Brazil dam failure

    More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound lawsuit against Anglo-Australian miner BHP in Britain over a 2015 dam failure that led to Brazil's worst environmental disaster. An initial, eight-day hearing will establish whether the case can be heard in Britain, although the judge is expected to reserve judgment until later in the year. BHP spokesman Neil Burrows said the claim did not belong in Britain because it duplicated proceedings in Brazil and the ongoing work of the Renova Foundation, an entity created by the miner and its partners to manage reparations and repairs.

  • GlobeNewswire

    The Global Automotive Engine Belt & Hose Market is expected to grow from USD 22,870.97 Million in 2019 to USD 29,745.71 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 4.47%

    New York, July 14, 2020 -- Reportlinker.com announces the release of the report "Automotive Engine Belt & Hose Market Research Report by Type, by Vehicle Type, by.

  • Fox Business

    Coronavirus spread reduced by Americans' increased use of face masks: CDC

    The U.S. Centers for Disease Control and Prevention is calling on Americans to wear facial coverings following new findings that increased mask use has been effective in helping to prevent transmission of the coronavirus.

  • Reuters

    CoreLogic meets with buyout consortium, rejects $7 bln offer as inadequate

    Property data and analytics company CoreLogic Inc on Tuesday again rejected an unsolicited $7 billion buyout offer as inadequate after meeting with the two investment firms that made the bid, Senator Investment Group LP and Cannae Holdings Inc. "Despite the company's recent guidance update for 2020 and disclosure of financial projections for 2021 and 2022, Senator and Cannae have not revised their proposal to deliver appropriate value to our shareholders," CoreLogic said in a statement issued after the telephone meeting on Tuesday. Cannae and Senator, which jointly hold an economic interest of roughly 15% in CoreLogic, proposed to buy the company for $65 per share in cash.

  • Fed officials warn on 'thick fog' ahead for U.S. economy as recovery concerns deepen
    Reuters

    Fed officials warn on 'thick fog' ahead for U.S. economy as recovery concerns deepen

    The U.S. economy will recover more slowly than expected amid a surge in novel coronavirus cases across the country, and a broad second wave of the disease could cause economic pain to deepen again, Federal Reserve officials warned on Tuesday. One by one, Fed policymakers have become more downbeat in recent days, resetting expectations on the recovery and cautioning that recent improvements in economic data such as job gains may be fleeting.

  • China Set to Post Return to Growth After Easing Lockdowns
    Bloomberg

    China Set to Post Return to Growth After Easing Lockdowns

    (Bloomberg) -- China’s economy is set to post a return to growth for the second quarter, with a range of indicators due Thursday to confirm the upward trend as the nation slowly climbs out of the virus-induced slump.Gross domestic product is forecast to have expanded 2.4% in the three months to June, according to the median estimate of economists surveyed by Bloomberg. That reverses the historic decline of 6.8% in the first quarter compared to the same period last year.The steady resumption of growth in the Chinese economy will be a signal for a world still mired in an accelerating pandemic that the virus can be contained and output can recover. At the same time, China remains vulnerable to the effects of demand-sapping containment measures elsewhere, and local consumer confidence is fragile.“Since mid-March, China’s economy has staged an impressive comeback, bolstered by pent-up demand, a catch-up in production, a surge in medical product exports and stimulus in both China and other major economies that has bolstered demand for goods made in China,” Wang Tao, chief China economist at UBS Group AG in Hong Kong, wrote in a note.Industrial output likely continued to lead the rebound in June, jumping 4.8% from a year earlier, survey results showed.Fixed-asset investment in the first six months is expected to decline 3.3%, a much slower pace than previously. Retail sales, the weak link in China’s fragile recovery, is projected to have grown for the first time since the pandemic, expanding by 0.5% on the year.However, for the first six months of the year, none of the main indicators are forecast to have recovered the level they were at in June 2019, showing how hard it will be to climb out of the deep slump. GDP is forecast to have shrunk 2.4% compared to the first six months of 2019.The pace of China’s recovery will depend to an extent on the effectiveness of the moderate stimulus measures rolled out so far. The government has earmarked a record 3.75 trillion yuan ($534 billion) in special local government bonds this year, most of which will be channeled to infrastructure projects. However, infrastructure investment has so far remained a drag on growth, while property investment is expected to have returned to expansion, despite Beijing’s reluctance to further support the property market.“The economic recovery has been slow domestically due to the unexpectedly slow kick-off of infrastructure investments,” said Iris Pang, chief economist for greater China at ING Bank NV. “The slow growth in infrastructure investments is dragging on growth, and is very damaging on future economic growth as jobless rates would increase with a slow recovery, and then will feed back into the economy with shrinking consumption.”Uneven RecoveryWhile the incremental recovery has demonstrated the resilience in the world’s second-largest economy, it remains an uneven one, mainly driven by supply rather than demand. Industrial production growth has already returned to pre-virus levels with the possibility to rise further, but consumers have so far stayed wary as small outbreaks within the country and shrinking income hurt sentiment.That unevenness can also be seen in the gap between the state and private sector, with the former receiving more resources. However, domestic demand is picking up faster than external demand, with China being the first to reopen most of its economy and the rest of the world still largely under lock-downs.Uncertainty and HeadwindsLooking ahead, the recovery momentum may weaken on rising uncertainty and strong headwinds.Pent-up demand that has supported growth in the second quarter will naturally lose some steam. Exports that have been bolstered by demand for medical equipment may fall significantly when production catches up overseas. Rising trade tensions could also hit China’s exports and export-related manufacturing investment.The risks of a second wave will also linger. The recent resurgence of cases in Beijing triggered a re-imposition of restrictions, and sporadic cases around the country continue to occur.Serious floods in southern China could threaten to wipe out much of the country’s output this summer, with 27 provinces being hit to some extent and the current direct losses standing at 61.8 billion yuan, according to state media.Considering the other factors weighing on growth, including unemployment and deflation pressure, a reversal from the current accommodative policy stance is unlikely.“Despite the strong recovery between March and mid-June, we believe a full economic recovery remains distant,” Lu Ting, chief China economist at Nomura International Ltd in Hong Kong, wrote in a note. “It is too early for Beijing to reverse its easing stance.”Global ImplicationsAs the country first hit by the coronavirus pandemic and first to climb out of the slump, China’s recovery still implies a brighter outlook for the rest of the world ahead if the pandemic can be arrested.“China is showing that the virus can be contained, but the trade-off has been very tight pandemic mitigation policies, among the tightest across major economies,” said Shaun Roache, Asia-Pacific chief economist at S&P Global Ratings. “The lesson here is that virus containment is not enough to drive a quick rebound and that we may have to wait for a lasting medical solution to truly get back to business-as-usual.”(Updates to reflect new median estimate for GDP growth rate)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • HDR Global Trading announces new holding structure, 100x Group
    CNW Group

    HDR Global Trading announces new holding structure, 100x Group

    MAHE, Seychelles , July 14, 2020 /CNW/ -- HDR Global Trading Limited ("HDR"), the company behind leading cryptocurrency derivatives trading platform, BitMEX, announces the creation of a new holding company structure, 100x. Building on the success of BitMEX, the new 100x holding company structure will pursue a broader vision to reshape the modern digital financial system into one which is inclusive and empowering. 100x will become the holding structure for HDR and all  their other assets, including the BitMEX platform.

  • Joycity Announces the Release Date for 3on3 FreeStyle: Rebound on Steam
    PR Newswire

    Joycity Announces the Release Date for 3on3 FreeStyle: Rebound on Steam

    JOYCITY announces 3on3 FreeStyle: Rebound will be released worldwide on Steam, July 15th 2020.

  • Kantar hosts a live webinar to share the impact of COVID-19 - winning and losing in 2020
    PR Newswire

    Kantar hosts a live webinar to share the impact of COVID-19 - winning and losing in 2020

    Kantar, the world's leading data, insights and consulting company, announced today that they will host a live webinar focused on the impact of COVID-19 in people's purchase behaviour of in-home FMCG products and brands performance based on a new study of seventy-eight categories and 400 brands in Vietnam.

  • Business Wire

    D8 Holdings Corp. Announces Pricing of Upsized $300 Million Initial Public Offering

    D8 Holdings Corp. (the "Company") announced today the pricing of its initial public offering of 30,000,000 units, upsized from 25,000,000 units, at a price of $10.00 per unit. The units will be listed on The New York Stock Exchange (the "NYSE") and trade under the ticker symbol "DEH.U" beginning on July 15, 2020. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols "DEH" and "DEH WS," respectively. The offering is expected to close on July 17, 2020.

  • Thomson Reuters StreetEvents

    Edited Transcript of BOCH.CY earnings conference call or presentation 26-May-20 1:30pm GMT

    Q1 2020 Bank of Cyprus Holdings PLC Earnings Call

  • Back to refillables: Tesco targets plastic waste with online trial
    Reuters

    Back to refillables: Tesco targets plastic waste with online trial

    Online shoppers at Tesco will be able to order ketchup and Coca-Cola in refillable bottles as part of a pilot service by Britain's biggest supermarket chain that aims to cut down on waste generated by plastic packaging. Britons have become increasingly aware of the amount of plastic they use in recent years, with television documentaries such as David Attenborough's "Blue Planet II" highlighting the dangers of plastic pollution to marine life. Tesco has partnered with Loop, a spin-off of waste management company TerraCycle, for the trial which will allow online shoppers to buy products, such as Heinz Tomato Ketchup, Coca-Cola, Nivea moisturiser and Persil washing powder, in reusable containers.

  • Moni Yakim, Movement Coach to Hollywood’s Famous, on His Doc ‘Creating a Character’
    Variety

    Moni Yakim, Movement Coach to Hollywood’s Famous, on His Doc ‘Creating a Character’

    What do Meryl Streep, Jessica Chastain, Adam Driver and Oscar Issac all have in common? Moni Yakim. For over 52 years, Yakim has taught movement at Julliard. His students have included Hollywood's most celebrated actors, and he is often cited as one of their most formative influences. The new documentary "Creating a Character" tells the […]

  • Reuters

    PRESS DIGEST-British Business - July 15

    The following are the top stories on the business pages of British newspapers. - Virgin Atlantic says it will lay off a further 400 staff after announcing a deal to save the airline with the help of a hedge fund that specialises in distressed companies and its credit card debtors.

  • Oil Edges Higher on U.S Stockpiles Build and OPEC+ Compliance
    Bloomberg

    Oil Edges Higher on U.S Stockpiles Build and OPEC+ Compliance

    (Bloomberg) -- Oil edged higher after a report pointed to a drop in U.S. crude stockpiles and on signs that additional supply from OPEC+ next month won’t be as much as previously anticipated.Futures in New York traded near $40.50 a barrel after closing up 0.5% on Tuesday. The American Petroleum Institute reported that U.S. inventories fell by 8.32 million barrels last week, according to people familiar with the data. That would be the largest drawdown since December if confirmed by official figures due Wednesday, suggesting a supply glut is easing.OPEC+ is seeking compensatory production cuts in August and September from members that have missed targets in previous months, according to delegates. The proposal, which may temper the impact of the planned supply resumption, will be discussed Wednesday by the group’s ministerial monitoring committee.Crude has traded in a tight range around $40 a barrel this month as less supply and recovering demand is balanced by nervousness over a pandemic that’s still not under control in many parts of the world. A deterioration in relations between Washington and Beijing is also clouding the global economic outlook, with the U.S. announcing an end to Hong Kong’s special status on Tuesday.The tapering of the OPEC+ supply cuts is already priced-in, so isn’t likely to move the market much, said Howie Lee, an economist at Oversea-Chinese Banking Corp. Oil will probably remain around current levels for a while, but there’s a downside risk if the virus situation gets worse, he said.West Texas Intermediate for August delivery rose 0.4% to $40.45 a barrel on the New York Mercantile Exchange as of 9:46 a.m in Singapore. The contract finished at $40.90 on July 8, the highest close since March 6.Brent for September settlement climbed 0.3% to $43.02 after advancing 0.4% on Tuesday. The global benchmark’s three-month timespread was 64 cents in contango -- where prompt prices are cheaper than later dated contracts -- from 70 cents in contango on Monday. The market structure indicates that while there’s still some concern about over-supply, it’s eased slightly.An OPEC+ technical committee that met online on Tuesday outlined plans for countries including Iraq, Nigeria and Kazakhstan to make an additional 842,000 barrels a day of cuts over the next couple of months, the delegates said. The alliance is expected to announce that its overall curbs of 9.6 million barrels a day -- about 10% of global supplies -- will be relaxed from August.OPEC, meanwhile, expects demand for its oil to be back at pre-virus levels by next year. The Organization of Petroleum Exporting Countries forecasts the need for its crude will surge by 25% in 2021 to average 29.8 million barrels a day, higher than the level required in 2019, it said in a monthly report.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Trump Ends Hong Kong’s Special Status With U.S. to Punish China
    Bloomberg

    Trump Ends Hong Kong’s Special Status With U.S. to Punish China

    (Bloomberg) -- Donald Trump ordered an end to Hong Kong’s special status with the U.S. and signed legislation that would sanction Chinese officials responsible for cracking down on political dissent in the city, drawing a rebuke from China and adding fresh uncertainty for businesses including banks in the financial hub.“No administration has been tougher on China than this administration,” the U.S. president said Tuesday, announcing the two moves in the White House Rose Garden. Trump also said he had no plans to speak with President Xi Jinping, deviating from his pattern of criticizing Beijing while tempering it with warmth and respect for the Chinese leader.Trump had threatened to take action ever since Chinese officials imposed the sweeping national security law on Hong Kong about two weeks ago. China’s implementation of the law, and the reaction of major trading partners who have criticized it, could have a substantial impact on a Hong Kong economy already battered by months of historic anti-government protests and coronavirus restrictions.On Wednesday, China vowed to take strong countermeasures and sanction U.S. officials and entities over the Hong Kong law, without elaborating. It urged the U.S. to “correct its wrongdoings” and to stop interfering in Hong Kong affairs. “If the U.S. continues such action, China will resolutely take countermeasures,” the Foreign Ministry said in a statement. “To safeguard China’s legitimate interests, we will take necessary measures and impose sanctions on relevant individuals and entities from the U.S.”Under the law, banks are granted a kind of year-long grace period to stop doing business with entities and individuals the State Department determines to be “primary offenders” when it comes to undermining Hong Kong’s autonomy. Neither Trump nor his administration specified which Chinese officials might be sanctioned.After that period, the Treasury Department can impose a variety of penalties on those institutions, including barring top executives from entering the U.S. and restricting the ability to engage in U.S. dollar-denominated transactions, according to Pat Toomey, a Pennsylvania Republican who co-sponsored the legislation.Under the United States-Hong Kong Policy Act of 1992, the U.S. treats Hong Kong, a semi-autonomous part of China with its own legal and economic system, differently than the Chinese mainland in trade, commerce and other areas. An executive order released later revoked several of those provisions, including that would effectively treat Hong Kong the same as the mainland:Eliminate preferences for Hong Kong passport holdersRevoke license exceptions for certain exportsSuspend the U.S.’s extradition agreement with Hong KongEnd training for police and security service membersTerminate the Fulbright scholar exchange programThreaten sanctions against certain individualsReallocate refugee slots to Hong Kong residentsBut neither the president nor the White House offered specifics about how his order would affect certain major sectors, such as Hong Kong’s financial industry. Trump decided against a more extreme measure to undermine the Hong Kong dollar’s peg to the greenback, according to a person familiar with the matter.The U.S. has led foreign governments in criticizing the national security legislation, enacted by China just before the July 1 anniversary of the city’s return from British rule. Fears have since grown about how the law will be interpreted by authorities on the ground: People found guilty under the law could, in some cases, face life imprisonment.Trump highlighted China’s controversial law in a letter to House Speaker Nancy Pelosi and Vice President Mike Pence attached to a copy of the order and posted by the White House. He wrote that sanctions would target anyone involved directly or indirectly “in the coercing, arresting, detaining, or imprisoning of individuals” under the security law, or anyone found to have been responsible for or involved in developing or implementing it.Same TreatmentTrump approved the legislation on Tuesday after spending weeks blaming Beijing for the coronavirus pandemic and criticizing its handling of Hong Kong and treatment of minority groups in western China. The president has faced widespread criticism over his response to the virus, with cases once again surging as businesses reopen.Trump on Tuesday also veered into a winding attack on his Democratic opponent, Joe Biden, portraying him as having been cozy with China during his time as vice president. He went on to blast Biden on everything from climate policy to criminal justice and immigration -- delivering a predominantly political speech from a podium traditionally reserved for policy.Still, Trump on Monday said the trade deal reached earlier this year was still “intact” because China was purchasing the promised agricultural products. But Trump also expressed frustration with the country over the spread of the coronavirus, which originated in Wuhan.The “phase one” pact, which took effect in mid-February and has become a cornerstone of his re-election campaign, is falling short on a number of fronts, including Beijing’s promises of large agriculture and energy purchases. The Trump administration so far has been hesitant to ramp up the pressure or back away from the deal altogether, even as the rhetoric on both sides heats up.The U.S. legislation would require the State Department to report to Congress every year about officials who seek to undermine the “one country, two systems” model that applies to the special administrative region. It also gives the president the power to seize the assets of and block entry to the U.S. for those individuals.Trump last month also signed legislation aimed at punishing Chinese officials for oppression of Uighurs and members of other Muslim minority groups. The tougher stance toward Beijing represents a pivot for Trump, who largely avoided human rights-related interventions as he was negotiating the first phase of his trade deal.“What they did to the world should not be forgotten,” Trump said.(Updates with China’s reaction in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Thomson Reuters StreetEvents

    Edited Transcript of COE earnings conference call or presentation 26-May-20 12:00pm GMT

    Q1 2020 China Online Education Group Earnings Call

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