logo
  

TAL Education Says Not Received PRC Regulations Notification On Education System

Responding to Media Reports, which reported that the PRC regulators are considering a new set of regulations concerning after-school tutoring service related to school subjects taught in China's compulsory education system, TAL Education Group (TAL) said that the regulations have not been published. The company has not received official notification of the regulations.

In separate press releases, New Oriental Education & Technology Group Inc. (EDU) and China Online Education Group (COE) said that the regulations have not been published, and the companies have not received official notification of the regulations.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Walmart is bringing back its month-long savings event "Black Friday Deals for Days" in November, with special early access for Walmart+ members. The retail behemoth, which reinvented the Black Friday shopping events last year, will spread out its Black Friday savings to three events throughout November. Each savings event will begin online at Walmart.com and continue with the same deals in stores. Shares of Philips Electronics NV were losing around 2 percent in the morning trading in Amsterdam after the Dutch consumer electronics giant on Monday trimmed its outlook for fiscal 2021 after reporting weak EBITA and sales in its third quarter. The results were hurt by supply chain challenges as well as Sleep & Respiratory Care recall. However, quarterly net profit was significantly higher. The Goldman Sachs Group, Inc. (GS) reported that its third quarter net earnings applicable to common shareholders increased 63 percent year-on-year. Net revenues were also significantly higher reflecting significantly higher net revenues in Investment Banking, Global Markets and Consumer & Wealth Management,...
RELATED NEWS
Follow RTT