Five Chinese Companies Plan to Delist From NYSE

PetroChina, Aluminum Corp. of China and others cite low trading volumes and costs.

 
Travel Woes in Europe Won't End This Summer

Airlines are preparing for the disruption to continue into fall, with some of the region's biggest airports extending caps on passenger numbers as they grapple with the rapid recovery in air travel.

 
Huawei Revenue, Profitability Continue to Slide

The telecommunications company's revenue has been falling since 2020 as Western restrictions on its access to chips hamper sales of its core products.

 
Alexei Miller, Putin Loyalist and Gazprom CEO, Fights Energy War With Europe

By starving Europe of gas in retaliation for its support for Ukraine, Mr. Miller is potentially committing the state energy giant to a future of subordination to Beijing.

 
Samsung Leader to Get Presidential Pardon for Bribery Conviction

The company's de facto leader will have his criminal record from his bribery conviction wiped clean but still has unresolved legal woes related to accounting-fraud charges.

 
Premium Consumer Gadgets Rocked by Slowdown

Sonos, GoPro, iRobot and game hardware makers show inflation, retail caution and travel pinching sales.

 
Five U.S.-Listed Chinese Companies Seek to Delist From NYSE

Five U.S.-listed Chinese companies said they intend to delist their American depositary shares from the New York Stock Exchange, as U.S. and Chinese regulators remain at loggerheads over audit requirements.

 
For China's Chip Champion, the Easy Part Is Over

SMIC was a beneficiary of the pandemic. Now it must contend with slowing demand and unstable politics.

 
EV Charging Companies Struggle to Build as Climate Bill Boosts Incentives

The Inflation Reduction Act would offer an incentive for installing equipment, but challenges remain in the supply chain and in persuading property owners to invest.

 
China's State-Owned Travel Retailer Returns With Slimmed Down IPO

China Tourism Group Duty Free is planning to raise around $2 billion from a Hong Kong initial public offering, returning to the market after pulling a deal at the end of last year.

(END) Dow Jones Newswires

August 12, 2022 11:00 ET (15:00 GMT)

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