Genworth Financial Inc and China Oceanwide Holdings Group Co said on Saturday that the Committee on Foreign Investment in the United States (CFIUS) had completed its review of the proposed .7 billion buyout.
GeekWire civic editor Monica Nickelsburg, managing editor Taylor Soper and I discuss the protests and the larger trend on this episode of the GeekWire Podcast, with highlights from the climate walkout at Amazon’s Seattle campus, and from Jeff Bezos announcing the company’s new Climate Pledge at an event earlier in the week.
Geng also said that since the US is a major party to the issue, "We hope and welcome that Washington will assume the role and the responsibility that it should."
Given the slower economic growth disrupted by COVID-19 globally, many countries will face a recession this year, an unprecedented situation in modern times. This predicament will also lead to deteriorated credit quality and lower banking profits, analysts said.
Geek Coffee's Wang said most of his cafe's income comes from renting office and activity space, in addition to selling beverages.
Given the increasing public health risks and a worsening economy, the alliance supports the decision of the HKSAR government to postpone the LegCo election and will help focus on anti-disease work in a bid to overcome the difficult time along with Hong Kong residents, the alliance said in the statement.
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Geo-social relationship
Global supply chains
General Motors Co. underlined in a statement "the interdependence between the world's two largest automotive markets," adding they believe "both countries value a vibrant auto industry."
GeekWire is now 5 years old, with a solid footing, an expanding team, a growing audience around the world, and exciting challenges still ahead. In many ways, we still feel like we’re just getting started.