The Pentagon was expected to announce a winner over the summer, but the timeline was delayed after Trump expressed concerns about the fairness of the process. It was an issue raised by Oracle, an early JEDI hopeful, which accused the DoD of creating a process tailor-made for Amazon by opting to go with one cloud vendor instead of several.
The R&D investment of Tencent Holdings Ltd, the world's largest game maker and second biggest social media firm by revenue, and telecom equipment maker ZTE Corporation amounted to over 10 billion yuan, respectively.
The People's Bank of China will streamline the lending interest rate system to further reduce borrowing costs for small and micro enterprises, the central bank said in its quarterly monetary policy report.
The SMN expects strong winds in the neighboring states of Michoacan and Oaxaca.
The Republican-led Senate refused to consider the House coronavirus relief bill, known as the "HEROES Act," that was passed in May.
The People's Bank of China (PBOC) said the reports have fully acknowledged China's achievements in recent economic and financial reforms, but there are "a few descriptions and views in the reports that we don't agree with."
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The SAR reported 89 new infections on Friday, of which 81 were locally transmitted, bringing total infections to 3,938, including 46 deaths since the outbreak began earlier this year.
The People's Bank of China, the Chinese central bank, started an interest rate reform on Aug 20, which we regard as a pragmatic start to unifying the "dual tracks" of interest rates - one for rates in the money market and the other for lending rates.
The Registration and Electoral Office said it has received 75 nomination forms since the start of the nomination on July 18. The nomination period will continue until July 31.
The S&P 500 and the Dow posted marginal losses for the week, while the tech-laden Nasdaq settled a bit higher from last Friday's close.