Arm China said the money came from Wu personally to show his appreciation to colleagues, a tradition at Chinese New Year in the country. Hearings in the case against the three executives are expected to take place in late May, one of the people said. These two cases are now being merged and hearings are slated for late April, the people said. While Arm is a U. The Chinese government has not stated its position on the Arm China leadership struggle, but the unit has several government-backed shareholders including sovereign wealth fund China Investment Corp.
In his interview with Bloomberg Television, Arm Ltd. Lack of travel for face-to-face meetings during the pandemic has prolonged the process of changing leadership in China, he said. Treasury yields edged lower on Thursday, consolidating a bond-market rally that has pulled yields for long-dated government bonds down again after a rise to pre-pandemic levels in the first quarter this year.
ASOS, which sells fashion aimed at somethings, said its expectations for full year profit had increased in line with the first-half performance, but its outlook for the second half had not changed.
CEO Nick Beighton said the group was well positioned to capture demand for products bought for social events and holidays when lifestyles normalised. Bitcoin, the world's most-traded cryptocurrency, has nearly doubled in value so far this year, boosted by an increased interest from larger financial firms betting on its greater acceptance, and as a hedge against inflation.
While central banks remain skeptical of digital currencies, analysts say more real world uses of bitcoin will increase its appeal as a long-term store of value. While demand for steel pipes fell during the coronavirus crisis, platinum-group metals prices rallied on supply disruptions and stricter emissions rules that boost usage in autocatalysts.
Even though gold has been pressured in recent months on bets for a economic recovery, prices are still historically high amid ultra-loose monetary policies around the world. In March, Komarov sold his The Kumroch deposit holds It is due to start mining in , with expected annual output of as much as 5 tons.
The rest would be held by Zoloto Kamchatki, with the partnership sharing the risks of a big project, they said. The Fedorova Tundra deposit is expected to produce as much as , tons of concentrate annually, mostly containing PGMs, but also nickel, copper and gold.
Fedorovo Resources took over the license from Barrick Gold Corp. Updates with Kumroch reserves in eighth paragraph.
An earlier version was corrected from the second paragraph to reflect current ownership of Zoloto Kamchatki For more articles like this, please visit us at bloomberg.
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