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    In this article 300750-CN 300750-CNFollow your favorite stocksCREATE FREE ACCOUNTCATL is the world's largest electric vehicle battery maker and supplier to the likes of Tesla and Ford.Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesThe world's largest electric vehicle battery maker CATL is evaluating whether to expand its battery swapping business to international markets, a senior executive told CNBC. CATL, or Contemporary Amperex Technology Co. Limited, is a supplier to companies such as Tesla and Ford. In January, the Chinese battery manufacturer launched its battery swapping business called EVOGO in China across 10 cities. The aim is to remove the need for electric cars to stop at recharging stations. Instead, drivers can rent battery packs from CATL and put them into the car when their other battery runs out. This takes a matter of minutes. Nio, an electric car start-up in China, also has a rival battery swapping program. The company plans to expand that to building 1,000 battery swapping stations outside China by 2025, with the majority in Europe, Nio co-founder Qin Lihong, told Reuters this week....
    hb_china-62d5780029b49208c07ccf67_Jul_18_2022_1... Hunter Biden could wind up behind bars for failing to register properly as a foreign agent while engaging in some of his business endeavors abroad, according to a report. Biden had registered as a lobbyist for domestic interests, but not under the federal Foreign Agents Registration Act, according to the New York Post. Revelations from his laptop have indicated that the first son has engaged in a slew of business dealings overseas in countries such as China, Ukraine, and elsewhere that may have required him to register as a foreign lobbyist. 'SPY CHIEF OF CHINA' LAPTOP RECORDING SHEDS LIGHT ON HUNTER BIDEN'S OVERSEAS BUSINESS “The recent disclosures of additional foreign contacts has only strengthened what was already a strong case. Indeed, in the last few weeks, the compelling basis for a FARA charge has become unassailable and undeniable,” George Washington University Law Professor Jonathan Turley told the New York Post. Under FARA, which was enacted in 1938, those who work as “an agent, representative, employee, or servant" to a "foreign principal" need to register...
    Hunter Biden's business ties to men he believes were connected to Chinese intelligence loom large as he faces an investigation into his taxes, overseas business dealings, and possible foreign lobbying. Records from a copy of Biden's abandoned laptop, which has been obtained and reviewed by the Washington Examiner, show he believed some of his Chinese business partners were connected to Chinese intelligence services and that he worried about the Foreign Agents Registration Act. The president's son held a lucrative position on the board of Ukrainian energy giant Burisma when his father was vice president. He also pursued business deals in China and elsewhere during and after his father’s tenure and received millions from Chinese government-linked entities. He raked in millions thanks to these associations from 2013 to 2018. HUNTER BIDEN'S LAPTOP IS 100% AUTHENTIC, FORENSIC EXAMINATION CONCLUDES Konstantinos "Gus" Dimitrelos, a cyber forensics expert commissioned by the Washington Examiner to examine the laptop copy, concluded that “there is a 100% certainty that Robert Hunter Biden was the only person responsible for the activity on this...
    President Joe Biden or his communications team have denied outright, and deflected questions about, involvement in Hunter’s corrupt family business at least seven times. Despite the deflections  and claims that Biden has had no role in the family business, 12 instances indicate Joe and his team have lied. Most recently, reported White House visitor logs show Joe Biden met with Hunter’s business partner in 2010. Twenty-six additional records show Hunter’s business partner visited the White House to meet with Joe Biden’s staff. White House press secretary Jen Psaki dismissed the “visits” as “from more than ten years ago,” but did not deny that Hunter’s business partner actually met with Joe Biden. “I really don’t have more detail or information on them,” she said. Below are seven times Joe Biden or his team have denied or deflected Joe Biden’s involvement in Hunter’s family business: 1: September 19, 2019 “I’ve never spoken to my son about his overseas business dealings. Here’s what I know — I know Trump deserves to be investigated,” he said. “You should be looking at Trump. Trump’s doing this because he knows I’ll beat him...
    A general view during the NFL London 2021 match between Miami Dolphins and Jacksonville Jaguars at Tottenham Hotspur Stadium on October 17, 2021 in London, England.Alex Pantling | Getty Images The NFL says it has a plan to grow its international business to $1 billion annually and attract its next set of fans. But the league has some work to do first. And it involves flag football. "Over the next five years, we want to expand NFL flag football," said Damani Leech, chief operating officer of NFL International. In an interview with CNBC at the NFL's annual meetings this past week, Leech discussed the next phase of NFL expansion overseas. He said that in the next 10 years, the NFL projects it will attract 50 million consumers internationally. That would add to its 180 million consumers domestically and over 150 million international fans who already consume the most popular U.S. sport. "That's our big number that we're focused on," Leech said. Here's a look inside the NFL's 10-year international plan.NFL needs flag football in the Olympics"We've got to make the...
    NEW YORK (WABC) -- The conflict in Ukraine is thousands of miles away, but that isn't stopping New Yorkers from showing their support at home any way they can.That includes eating at Ukrainian restaurants and skipping out on meals at Russian-owned businesses.The vodka, the décor -- it all feels Russian, and that's the idea. It's meant to be nostalgic for those who fled the Soviet Union."We all ran from the same evil," Vlada von Shats said.But now von Shats says the very thing that's made the Russian Samovar popular is making it a target for hate mail, nasty phone calls and fewer customers."My business, my business it drops drastically overnight," von Shats said.Business is down 60% since Russia invaded Ukraine, but she supports Ukraine."My husband is Ukrainian, I'm Russian, my children are half Ukrainian, half Russian, so to us it's a personal tragedy," von Shats said.At the KGB Bar there has also been some backlash."I took down my Soviet flag I had a big Soviet flag," said Denis Woychuk.It was taken down after complaints, but the owner's father was Ukrainian,...
    Connecticut Gov. Ned Lamont will be traveling overseas to Isreal to lead an economic development mission. The Democratic governor announced this week that he will be part of a convoy heading to Israel, where he intends to promote Connecticut as a promising place for start-up companies and to strengthen relations overseas. 
“Part of growing Connecticut’s innovation ecosystem includes adding diverse businesses from all around the world,” Lamont said in a statement. “This is an opportunity for Connecticut to strengthen its ties with Israel and provide these innovative companies with an option for any US expansion.” Lamont will be leading the business development mission to Israel on Thursday, Feb. 17, and is scheduled to return stateside the following week on Thursday, Feb. 24. He is expected to meet with both business and Israeli government officials during his stay. “We’ll be fostering collaboration and innovation among our small, but mighty states, while encouraging investment and job growth here,” Lamont said. “We’re boldly saying to people everywhere that ‘Connecticut is open for business.’ “The time is always right to put Connecticut in the...
    The Subway sandwich chain is facing a lawsuit in which it is accused of exploiting immigrants and victimizing franchisees, sometimes pushing them to financial ruin. The chain, which has more than 25,000 locations across the country, is also accused of perpetrating underhand tactics that include setting up rival branches of the franchise close to where new stores have been recently been opened.  The lawsuit alleges that the sandwich giant has focused on recruiting mainly Asian immigrants who believed they were about to experience the American Dream once they owned a potentially lucrative and popular franchise of their own.    On average, Subway charges $15,000 in fees in order to open a new store. Far less than McDonald's or Burger King, which charge about $45,000 in startup franchise fees.  Subway is accused of employing dirty tricks against its own franchise operators Due to the smaller amount of fees required, it can often attract someone who may be less well educated, particularly in England and basic math.  The suit which was filed in Nevada State Court, and has been seen by the New...
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    In this article 9618-HKSeveral boxes of goods, bought from JD.com, are stacked on the floor.Zhang Peng | LightRocket | Getty ImagesGUANGZHOU, China — JD.com plans to increase investment overseas, one of its top executives told CNBC, as Chinese e-commerce giants look to tap international users. The technology giant has been less aggressive than its rival Alibaba in expanding its presence overseas. But international expansion from both Chinese firms could challenge the e-commerce dominance of Amazon in certain parts of the world Over the coming years, JD.com will "increase investment in countries that conform to JD's strategies, no matter if it is on warehousing, logistics or supply chain," Xin Lijun, the newly-appointed chief executive of JD's retail business said in Mandarin, according to a CNBC translation. Xin said JD was carrying out "further strategic analysis in Vietnam and Europe" as potential locations to expand in.Singles Day in ChinaXin's interview came as China's Singles Day is in full swing. The mega shopping festival — which sells more goods than Black Friday and Cyber Monday combined —sees massive discounts across China's e-commerce platforms,...
    Customers at a Huawei licensed experience store shop for devices on October 30, 2020 in Suzhou, China.Fred Lee | Getty Images News | Getty Images GUANGZHOU, China — Huawei launched its mid-range Nova 9 smartphone overseas for the first time on Thursday, starting in Europe. The Chinese smartphone giant's business overseas has been crippled since U.S. sanctions were imposed. But it hasn't stopped Huawei from launching its phones in international markets. The Nova 9 is a 4G device that has some features expected from higher end phones. That includes a four-camera setup with a wide-angle lens and software to help with taking pictures. It boasts a 6.57-inch display and fast charging technology. Huawei developed its own operating system called HarmonyOS, and launched it after U.S. sanctions prevented the Chinese firm from using Google's Android operating system, used by rivals like Samsung. However, the Nova 9 will not be running on HarmonyOS, but on EMUI 12 — an Android-based operating system developed by Huawei. The handset will not have any Google services installed on it due to the U.S. restrictions.It's going...
    FIFA, soccer's international governing body, is reportedly considering moving from Zurich to the United States in an effort to expand its global profile and grow its billion dollar business. According to the New York Times, FIFA is considering locations on both coasts and is weighing a number of factors, such as work visas and tax breaks. The offices would be focused on sponsorships and broadcast rights, which rank among the most lucrative in sports. In 2018, for instance, FIFA reported revenue of $4.6 billion. Such a move would be part of a trend for FIFA, which has been in Zurich since 1932, but began decentralizing in June by opening another office in Paris.  'Our aim of making football truly global also means that FIFA itself needs to have a more balanced and global organizational set up,' President Gianni Infantino said when the Paris office opened. FIFA , soccer's international governing body, is reportedly considering moving from Zurich to the United States in an effort to expand its global profile and grow its billion dollar business. Such a move would be part...
    CHICAGO (CBS) — A man says he paid $1,500 to an Uptown shipping business to ship a car overseas for his mom. But as CBS 2’s Jermont Terry reported Tuesday night, the man now has no idea where the car is. READ MORE: Chicago Woman Isnt Getting Answers About Why Her Cousin, In A Nursing Home, Has Not Been Given Second COVID Vaccine Shot There are a lot of people looking to get answers about their shipments from the company, Adeolve Shipping. Items involved range from as small as luggage to as big as trying to track a sport-utility vehicle – and they were all supposed to be shipped overseas. Take a quick glance inside the window of the Uptown busines, and all you see are boxes and shipping tape – leaving Adelove Shipping customers furious. “Where is my car?” one man complained. “You took my money. I sent them the full payment.” You heard right. That man, who did not want his name used, showed us he paid Adelove $1,500 to get a Toyota SUV to his mother in...
    The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen.Justin Tallis | AFP via Getty Images Recent weeks have seen corporate leaders and investors mobilize publicly and privately to oppose President Biden's proposed overhaul to the tax code. Many corporate leaders are working hard to paint the suggested changes as "bad for American businesses," and their efforts appear to be bearing fruit: moderate Democrats in Congress have started to waiver and signaled their intent to pare back the proposal.   But this political calculus belies the truth of Biden's plan: eliminating tax loopholes for major multinational corporations would actually put corporations that operate in the United States, and American workers, in a more competitive position compared to their international peers.  The current US corporate tax rate is 21 percent, but, as recent headlines of dozens of Fortune 500 companies paying zero dollars in federal income taxes last year attest to, there are many ways for major corporations to avoid paying that much. Many of the most effective ways corporations avoid taxes involve shifting...
    Fox News Channel’s Jeanine Pirro on Friday weighed in on 2020 Democratic presidential nominee Joe Biden’s son, Hunter, and his business dealings overseas. Pirro, in an appearance on “Fox & Friends,” accused the younger Biden of “conducting business like a thug.” “You know, the sad part of all this it is not getting covered, and I suspect that a lot of those independent voters out there who may be, you know, on the line and not sure which way to go, the truth is that, you know, how could the FBI not be investigating Hunter Biden for money laundering, how about tax evasion, how about a FERA violation and lobbying and conspiracy and RICO and two of his partners are already in jail. One is in jail, and the other one is on his way,” Pirro outlined. “The guy was conducting business like a thug in Europe, Russia, China. He was the attorney for the head of a Chinese energy company which had complete connections to the Chinese Communist Party, and he is the one who is telling everyone that,...
    Most American voters believe Democratic nominee Joe Biden was involved in his son Hunter’s controversial business dealings, a new poll has found in the wake of The Post’s exclusive reporting on the family’s murky overseas ties. The survey of 1,000 likely voters by Rasmussen Reports found 54 percent believe it’s “likely that Biden was consulted about and perhaps profited from Hunter’s overseas business deals.” Forty-four percent consider it “very likely” while 38 percent said it was unlikely Biden was involved in his son’s affairs overseas, including 21 percent who said it was “not at all likely.” A tranche of documents reported by The Post earlier this month revealed how Hunter Biden sought to leverage access to his then-vice president father to make millions of dollars overseas. One email also indicated that the oft-troubled son also introduced the elder Biden to a Ukrainian energy executive a year before he lobbied officials in Ukraine to fire a prosecutor who was investigating the company. The articles have sparked a political maelstrom just weeks from the president election and prompted a former business associate...
    Tony Bobulinski, Hunter Biden’s former business associate, said Thursday that Democratic presidential nominee Joe Biden lied about his involvement in the family’s foreign dealings. “I have heard Joe Biden say he’s never discussed business with Hunter. That is false,” Bobulinski said during a press conference. “I have firsthand knowledge about this because I directly dealt with the Biden family, including Joe Biden.” “In my hour long meeting with Joe Biden we discussed Biden family business dealings with the Chinese, with which he was plainly familiar.” ???????????? Tony Bobulinski: In my hour long meeting with Joe Biden we discussed Biden family business dealings with the Chinese, with which he was plainly familiar pic.twitter.com/MNbSjZXdie — Abigail Marone ???????? (@abigailmarone) October 22, 2020 A Navy veteran, Bobulinski said he was first introduced to the former Vice President in May of 2017 by his brother Jim Biden and son Hunter. “That night, we discussed the Biden’s history, the Biden family’s plans with the Chinese, with which he was plainly familiar, at least at a high level,” he said. (RELATED: NPR Won’t Cover Hunter...
    Joe Biden’s campaign fired back Thursday after Tony Bobulinski, a former business associate of Hunter Biden, accused the Democratic presidential nominee of being an active participant in his son’s overseas business dealings while serving as vice president in the Obama administration. Bobulinski identified himself Wednesday night as the CEO of Sinohawk Holdings, a firm he described as “a partnership between the Chinese operating through CEFC/Chairman Ye and the Biden family.” In a lengthy statement, he said he had “seen firsthand” that Joe Biden had discussed foreign business with Hunter – a charge the Biden campaign has repeatedly denied. WHO IS TONY BOBULINSKI? "As Chris Wallace said on the air about this very smear, 'Vice President Biden has actually released his tax returns - unlike President Trump - and there is no indication he ever got any money from anybody in these business deals,’” Biden campaign spokesman Andrew Bates said in a statement to Fox News. “Joe Biden has never even considered being involved in business with his family, nor in any overseas business whatsoever. He has never held stock in...
    Democratic presidential nominee Joe Biden has remained mum on questions about his knowledge of his son Hunter’s overseas business dealings, which were discussed in a series of emails purportedly found on a laptop belonging to his son. The New York Post last week published the controversial emails, which were later obtained by Fox News, related to Hunter Biden’s work with Ukrainian natural gas firm Burisma Holdings, as well as his work with a Chinese energy firm. BIDEN LASHES OUT AT CBS NEWS REPORTER WHEN ASKED ABOUT NYPOST HUNTER BIDEN REPORT: 'I HAVE NO RESPONSE, ANOTHER SMEAR CAMPAIGN'  While the Biden campaign has hit back at the New York Post report, the former vice president himself has not given a sustantive answer on the emails. Biden, over the weekend, was asked about the Post report by a CBS News reporter, to which he replied: “I have no response.” It's "another smear campaign," he said. One email, dated May 13, 2017, and obtained by Fox News, includes a discussion of “remuneration packages” for six people in a business deal with a Chinese energy firm....
    The Senate Homeland Security and Finance Committees' report on their investigation into Hunter Biden raises "the many and disturbing conflicts of interests" surrounding Joe Biden's time as vice president and "makes clear that the Democratic nominee is not being straight with the public," political columnist and Fox News contributor Kimberley Strassel argued. Strassel reacted to the new report in a Twitter thread on Thursday, highliting details of the younger Biden’s role on the board of Ukrainian natural gas firm Burisma Holdings and his alleged “extensive and complex financial transactions."  GOP-LED COMMITTEES RELEASE INTERIM REPORT ON HUNTER BIDEN, BURISMA The 87-page report, compiled by Homeland Security Committee Chairman Ron Johnson, R-Wis., and Finance Committee Chairman Chuck Grassley, R-Iowa stated that Obama administration officials “knew” that Hunter Biden’s position on the board of Burisma was “problematic” and that it interfered “in the efficient execution of policy with respect to Ukraine.” The Senate committees also revealed that they obtained records from the U.S. Treasury Department, which “show potential criminal activity relating to transactions among and between Hunter Biden, his family, and his associates with Ukrainian, Russian, Kazakh and Chinese nationals.” Strassel pointed...
    Scientists say new nasal spray can help fight virus 100+ discounts available only to seniors Lyft couldnt pivot to food delivery or overseas markets as the coronavirus decimated ride-hail in the US. Heres what to expect from its earnings report. © Mario Tama/Getty Images Lyft will report its second-quarter results on Wednesday afternoon, providing the first comprehensive look at just how badly the coronavirus pandemic hurt the ride-hailing company's business from April through June. Mario Tama/Getty Images Lyft will reveal its second-quarter financial results on Wednesday afternoon.  Unlike Uber, which reported last week, Lyft didn't have a delivery arm to lean on as the coronavirus decimated rides requests.  Analysts expect the company to report its lowest revenues in more than three years.  Visit Business Insider's homepage for more stories. Lyft will report its second-quarter results on Wednesday afternoon, providing the first comprehensive look at just how badly the coronavirus pandemic hurt the ride-hailing company's business from April through June. Analysts polled by Bloomberg expect the company to post its lowest revenue in more than three years. Here...
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