lowers

ByteDance Lowers Stock Option Offering Price to $155 Per Share thumbnail
Technology
ByteDance Lowers Stock Option Offering Price to $155 Per Share

Your browser does not support the audio element. ByteDance, the parent of short-video platform TikTok, is planning to lower the price of its stock options to $155 per share to enhance the benefit space of employees and allow them to share in the growth value of the company, an internal email of ByteDance obtained by…

Moody's Lowers Korean Growth Outlook over Ukraine War Fallout thumbnail
General
Moody’s Lowers Korean Growth Outlook over Ukraine War Fallout

Global credit rating firm Moody’s has slashed its growth forecast for Korea for this year over the economic fallout from the war in Ukraine.Moody’s on Thursday revised its forecast to 2.7 percent from the earlier estimate of 3 percent in February.It also lowered its average growth outlook for the G20 countries to 3.6 percent from…

Meituan lowers fees less than two weeks after state’s suggestion thumbnail
Technology
Meituan lowers fees less than two weeks after state’s suggestion

A Meituan helmet hangs on the back of a motorbike. Credit: TechNode/ Shi Jiayi Chinese food delivery giant Meituan has reduced commission fees for merchants to help alleviate the operational pressures they face following the pandemic prevention measures enacted in the past two years. Why it matters: Meituan, which counts on food delivery as its…

US CDC lowers its COVID-19 travel advisory for Pakistan, India thumbnail
General
US CDC lowers its COVID-19 travel advisory for Pakistan, India

— Reuters/FileWASHINGTON: The US Centres for Disease Control and Prevention (CDC) lowered its COVID-19 travel advisory to “Level One: Low” for Japan, India, Pakistan, Liberia, Gambia, and Mozambique.The CDC separately advised against travel to the Czech Republic, Hungary and Iceland because of a rising number of COVID-19 cases in those countries.The CDC raised its travel recommendation…