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Search resuls for: "of Genetics"


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☆ China opposes U.S. adding Chinese firms to trade blacklist
  + stars: | 2023-03-03 | by ( ) www.reuters.com   time to read: 1 min
HONG KONG, March 3 (Reuters) - China opposes the United States adding several Chinese firms to its trade blacklist, China's commerce ministry said on Friday. China urges the United States to stop using any excuse to suppress Chinese firms, the ministry said in a statement posted on its website. The U.S. Commerce Department, which oversees export controls, recently added two units of genetics company BGI (300676.SZ) to the export control list. Reporting by Meg Shen and Twinnie SiuOur Standards: The Thomson Reuters Trust Principles.
☆ US blacklisting is no match for TikTok virality
  + stars: | 2023-03-03 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, March 3 (Reuters Breakingviews) - The United States’ web of trade restrictions has a TikTok-sized hole in it. The Commerce Department added another 28 Chinese firms to its trade blacklist on Thursday, requiring licenses to acquire U.S. wares. Yet social media app TikTok, which government officials have repeatedly voiced national security concerns over, hasn’t been hit with trade curbs. TikTok parent ByteDance is based in China and has eluded that list, largely because the Commerce Department’s tools affect hard goods, not software. Meanwhile, negotiations between U.S. regulators and TikTok over a security deal have dragged on for years.
☆ The story of Cookies: How a former Wendy's employee turned a popular weed strain with a controversial name into a $1 billion empire
  + stars: | 2022-06-08 | by ( Ben Gilbert | ) www.businessinsider.com   time to read: +9 min
America's first $1 billion weed brand is here, and it's named Cookies. It's a company that he says is now worth at least $1 billion — the world's first legal $1 billion weed brand. From a logo on a hoodie to a billion-dollar companyThe inside of the Santa Ana, California, Cookies marijuana dispensary. He described this time period, between 2010 and 2018, when the first Cookies retail store opened, as a lengthy learning experience. Though he's repeatedly been offered millions of dollars for his majority stake in Cookies, Berner has thus far refused to sell.
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