DAILY DOSE: February 22, 2021
Posted on 02/22/2021
1. India’s Supreme Court halted regulatory approval for the Future Group’s US$ 3.4 billion asset sale to Reliance Industries Ltd. The move is a legal win for Amazon.com, Inc. Amazon does not want the deal to go through.
2. Chinese Foreign Minister Wang Yi informed a Beijing forum on Monday that the Biden administration should remove “unreasonable tariffs,” and abandon “irrational suppression” of China’s technology progress.
3. Paul Singer’s Elliott Management Corporation has built an equity ownership position in Des Moines, Iowa-based Principal Financial Group Inc.
4. With South China Sea ambitions, Sansha City was founded by China in July 2012 as a new prefecture-level city. Most of Sansha City is salt water. Yongxing Island Airport (ICAO: ZJYX), also known as Woody Island Airport, is a civilian-military dual-use airport located on Yongxing (Woody) Island, the largest of the disputed Paracel Islands in the South