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 ›
Sustainability
US looking at contingency plans for gas supply to Europe, on the back of Russia-Ukraine tensions
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 ›
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 ›
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 ›
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 ›
Massive cyberattacks hits Ukraine, warns expect the worst
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 ›
Europe at greatest risk of war in 30 years: Poland’s foreign minister Zbigniew Rau
In a statement Polish foreign minister Zbigniew Rau warned, Europe is closer to war than it has been in the last 30 years. The warning comes at a time after a third round of diplomacy aimed at defusing tensions over… Read More ›
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 ›
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 ›
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 ›