Author Archives
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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 ›
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Growth Of Metaverse To Be Boom Time For Chip Makers
The metaverse, which requires a massive amount of computing power, is set to benefit global chipmakers— but other tech-related industries could also gain from it, analysts say. Widely seen as the next generation of the internet, the metaverse refers broadly… Read More ›
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European Airlines Forced To Fly Almost Empty Flights This Winter To Hold On To Their Airport Slots
European airlines are being forced to fly nearly empty passenger flights this winter in order for the airlines to keep prized take-off and landing sites at airports at a time when the demand for air travel is quite low. At… Read More ›
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A Free Trade Deal With India In 2022 Would Be A Relief For The UK
For the United Kingdom, trade talks with India are not completely comfortable. However, with no progress on a free trade agreement with the United States and none expected in the near future, the formal initiation of trade discussions with India,… Read More ›
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