Author Archives
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US Mobile Companies Agree To Implement A Further Deal In 5G Deployment At Airports
AT&T and Verizon, two major US wireless carriers, have agreed to delay the launch of their new 5G service at some airports. The C-band service, which provides faster speeds and more coverage, was supposed to go live tomorrow. However, airlines… Read More ›
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More Expats Could Leave Hong Kong Due To Tough Covid Laws, Reveals Survey
According to a key business group, more than 40 per cent of its members are considering leaving Hong Kong because of the city’s draconian coronavirus regulations. Border closures, according to the American Chamber of Commerce in Hong Kong, are a… Read More ›
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India’s Near Term Growth Expected To Be Hit By Third Wave Of Covid-19 Infections
Even though the overall economic impact of the third wave of Covid-19 infections is expected to be less disruptive than prior waves, some economists foresee weaker growth in the short term for the Indian economy. In a January 9 note, Citi economists Samiran Chakraborty… Read More ›
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A.I. Chip Start-Up Gets Investment From Meituan As More Investments From Tech Firms Flows Into Semiconductors
A Chinese start-up is developing artificial intelligence chips. As China’s leading tech businesses continue to make more investments into semiconductors, Axera has secured 800 million yuan ($126 million) from investors including meal delivery giant Meituan. Qiming Venture Partners was one of… Read More ›
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The Top Ten YouTubers Earned $300 Million In 2021
According to Forbes, Jimmy Donaldson, a 23-year-old American known as MrBeast, was YouTube’s highest-earning video creator in 2021. His extravagant pranks have racked up over 10 billion views on YouTube and netted him $54 million. He has surpassed Ryan Kaji,… Read More ›
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US Judge Orders Jailed ‘Pharma Bro’ Martin Shkreli To Repay $64m
Martin Shkreli, a former executive of a drug company who is accused of having ordered an astronomical surge in the price of a life-saving medicine, has been ordered to be excluded from the industry for the rest of his career and is… Read More ›
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UK And India Begin Negotiations On A Possible Free Trade Agreement
Representatives of the Indian and British government ended the first day of discussions over a potential free trade agreement in New Delhi. The goal is to sign a deal before the end of the year that will increase trade and… Read More ›
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Record Trade Surplus Posted By China In Dec And 2021 With Surge In Exports
China’s exports surpassed forecasts during a global pandemic, resulting in a record surplus in trade for the country in December and for the entire of 2021. However, some analysts predict a downturn in overseas shipments in the next few months. According to figures… Read More ›
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Pandemic Risk Models Being Adapted By Insurers After Surge In Claims In 2021
Following a more than anticipated surge in Covid-19 claims in 2021, life insurers are predicting a five-year-long pandemic and more variants that are even more transmissible. According to a report released by insurance broker Howden, the global life insurance industry was hit… Read More ›
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VW Reports 2021 Sales Was A 10-Year Low For It, While Rival BMW Races Ahead
Volkswagen Group has said that it had its lowest sales in ten years in 2021, as it managed to make about 8.9 million deliveries, and added that it expects supply chain conditions will continue to be turbulent even during the first half of this year. Luxury… Read More ›