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Another financial giant, Bridgewater Associates, has announced that it has been granted a Private Securities Investment Fund Manager license from AMAC. The license will allow the firm to develop and market investment products to investors in China.

Apart from being good news for Hulu Plus subscribers who have pre-ordered a Kindle Fire, the news is notable because Amazon is counting in part on revenue from its Amazon Prime subscription service — which offers Instant Video streaming movies, among other perks — to recoup its losses on the Kindle Fire hardware and make money overall.

Another Chinese battery maker, Svolt, said it will spend 2 billion euros on its European base, which is expected to start production in 2022. The battery maker spun off from Chinese carmaker Great Wall Motors in 2018. It will offer batteries for electric MINI-branded vehicles that will be made in China starting from 2023.

Another round of heavy rain in the upper streams of the Yangtze is expected from July 8, according to the headquarters.

Anthony Fauci removes his mask as he testifies during a US Senate Hearing during the coronavirus disease outbreak in Washington, DC, US, Sept 23, 2020. [Photo/Agencies]