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 ›
According to a report from the Wall Street Journal citing a source familiar with the matter at hand, the London Stock Exchange Group has proposed a special market for private companies to trade their shares publicly on the exchange on… Read More ›
In a statement GlaxoSmithKline said, it had rejected Unilever’s 50-billion-pound takeover offer for its consumer goods arm, saying it “fundamentally undervalued” the business and its future prospects and that it would stick to its plan of spinning off the unit. A… Read More ›
According to LCH investment data, the world’s 20 best performing hedge funds earned $65.4 billion for clients in 2021, on the back of stock markets rising despite setbacks introduced by coronavirus pandemic. As a group, the most successful managers earned… Read More ›
In a significant development the Biden government has held talks with several international energy companies on putting in place contingency plans for supplying natural gas to Europe in the event gas supplies to Europe are disrupted because of Russian and… Read More ›
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 ›
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 ›
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 ›
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 ›
On Friday, Ukraine was hit by a massive cyberattack. Russia has also released footage of more forces being deployed on Ukraine’s border in a drill. These developments come at a time when no breakthrough agreement was reached between Russia and… Read More ›
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