Tesla Stock Falls Again. It Isn’t Shanghai or Wall Street. It’s Snap.

Text size Tesla cars sit parked in a lot at the Tesla factory in Fremont, California. Justin Sullivan/Getty Images Tesla stock is falling again in early Tuesday trading. The likeliest reason isn’t related to the EV makers Shanghai plant or even price target actions at a broker. No, the drop is probably because of the … Read more

Beijing ramps up COVID quarantine, Shanghai residents decry uneven rules

Breadcrumb Trail Links PMN Business Author of the article: Reuters Ryan Woo and Engen Tham Article content BEIJING/SHANGHAI — Beijing stepped up quarantine efforts to end its month-old COVID outbreak as fresh signs of frustration emerged in Shanghai, where some bemoaned unfair curbs with the city of 25 million preparing to lift a prolonged lockdown … Read more

Shanghai partly resumes public transport in patchy reopening

Shanghai partially restarted public transport Sunday and set out new classifications for Covid-19 risk areas, signaling a gradual reopening after nearly two months sealed off from the outside world. China’s largest city has been almost entirely locked down since April, when it became the epicentre of the country’s worst coronavirus outbreak since the early days … Read more

Shanghai reopens some public transport, still on high COVID alert By Reuters

3/3 © Reuters. A staff member in a protective suit stands on a platform of a subway station, on the first day of parts of city’s subway services resumed, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China May 22, 2022. REUTERS/Brenda Goh 2/3 By Brenda Goh and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) – Shanghai … Read more

Shanghai makes way towards COVID lockdown exit, Beijing plays defense

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Eduardo Baptista and Laura Lin Publishing date: May 21, 2022  •  15 minutes ago  •  3 minute read  •  Join the conversation Article content BEIJING/SHANGHAI — Shanghai cautiously pushed ahead on Saturday with plans to restore part of its transport network in a major … Read more

Shanghai inches towards COVID lockdown exit, Beijing plays defence By Reuters

4/4 © Reuters. FILE PHOTO: A worker in a protective suit disinfects a street during lockdown, amid the coronavirus disease (COVID-19) outbreak, in Shanghai, China, May 20, 2022. REUTERS/Aly Song 2/4 By Eduardo Baptista and Laura Lin BEIJING/SHANGHAI (Reuters) – Shanghai cautiously pushed ahead on Saturday with plans to restore part of its transport network … Read more

Shanghai inches towards COVID lockdown exit, Beijing plays defense

Breadcrumb Trail Links PMN Business Author of the article: Reuters Eduardo Baptista and Laura Lin Article content BEIJING/SHANGHAI — Shanghai cautiously pushed ahead on Saturday with plans to restore part of its transport network in a major step towards exiting a weeks-long COVID-19 lockdown, while Beijing kept up its defenses in an outbreak that has … Read more

shanghai lockdown: Shanghai to reopen subways in easing of COVID restrictions

The locked-down Chinese metropolis of Shanghai will reopen four of its 20 subway lines Sunday as it slowly eases pandemic restrictions that have kept most residents in their housing complexes for more than six weeks. The city will also restart 273 bus lines connecting major urban centers, airports, train stations and hospitals as it resumes … Read more

Some in Shanghai allowed out to shop; end of COVID lockdown in sight By Reuters

4/4 © Reuters. Customers wearing face masks use self-checkout counters at a reopened Carrefour supermarket amid the coronavirus disease (COVID-19) outbreak in Shanghai, China May 19, 2022. REUTERS/Brenda Goh 2/4 By Brenda Goh SHANGHAI/BEIJING (Reuters) – More Shanghai residents were given the freedom to go out to shop for groceries for the first time in … Read more