BEIJING, Aug 21 (Reuters) - China will revise measures for managing outbound investment to better protect investors' rights and assets and fend off risks overseas, the National Development and Reform Commission (NDRC) said on Friday.
The state planner released a draft of the revised rules and is seeking public comments until September 20.
The revised regulations would cover outbound investments by companies, other organisations and... (continue reading...)
WASHINGTON, Aug 21 (Reuters) - U.S. President Donald Trump said on Friday he would allow up to 300,000 metric tons of ground beef to be imported without impacting tariff quotas as part of a 90-day deal aimed at lowering prices as U.S. consumers struggle with grocery bills.
Trump, in a social media post, said he had "a commitment" that the meat would be sold at 25% below current market prices. He did not say which countries the beef was coming... (continue reading...)
BEIJING, Aug 21 (Reuters) - Tesla will roll out software fixes for millions of vehicles in China, the country's market regulator said on Monday, marking the automaker's largest-ever recall in the market.
Effective September 25, Tesla will recall 2.98 million China-made and imported Model 3, Model Y, Model S and Model X vehicles because emergency door release handles may be difficult to identify, potentially hindering escape or rescue after a... (continue reading...)
LONDON, Aug 21 (Reuters) - A British teenager pleaded guilty on Friday over an arson attack at offices linked to television station Iran International in northwest London earlier this year.
Nathan Dunn, 19, pleaded guilty to a charge of "arson being reckless as to whether life is endangered" at London's Old Bailey over the incident in April in which an ignited container was thrown towards premises belonging to Volant Media, the parent company of... (continue reading...)
By Anna Szymanski
Aug 21 (Reuters) -
From the Editor
I was reminded this week of the famous quip from Democratic political strategist James Carville: "I would like to come back as the bond market. You can intimidate everybody." He may have said this more than three decades ago, but the Trump administration's aggressive response to this week's sovereign debt ructions suggests the bond market remains the one entity no one... (continue reading...)
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