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World needs extra $1.3 trln energy investment by 2030 - JP Morgan
According to JP Morgan, the world needs $1.3 trillion of incremental investment by 2030 to boost all types of energy output and infrastructure from renewables to oil and gas,
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Tesla rival BYD’s profit soars more than 400% in first quarter
BYD has reported a more than fivefold jump in net income for the first quarter as the Warren Buffett-backed Chinese group shook off a rabid price war and slower sales growth.
Singapore doubles tax for foreigners' home purchases
Singapore announced the increase of taxes on purchases of residential property late Wednesday, as the real estate market in the city-state remains hot, fueled in part by interest from prospective buyers overseas.
Facebook parent Meta partners with AMD for mobile infrastructure program
Meta is trying to cover the uncovered regions and the underdeveloped countries
- U.S. forced labor laws strain China-dependent garment supply chains 1
- Southeast Asia's internet economy growth to slow in 2023 2
- Southeast Asia's fintechs fill lending gap with data 3
- Thai, Singapore tech firms surge in market value 4
- Global rice supplies tighten after India's July export ban 5
- Domino effect: India rice export ban puts market on edge for copycat curbs 6
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Facebook-owner Meta gives preview of its first store, enterprise tools
Facebook owner Meta Platforms Inc gave an early glimpse of its first physical store which shows off games on its virtual reality headsets and rooms for testing video calling devices.
Tesla loses $126 bln in value amid Musk Twitter deal funding concern
Tesla Inc lost $126 billion in value amid investor concerns that Elon Musk may have to sell shares to fund $21 billion equity contribution to his $44 billion buyout of Twitter Inc.
U.S. to grant $6.4 bln funding for projects to reduce carbon emissions
The U.S. Transportation Division stated on Thursday it could award $6.4 billion over 5 years to states to fund tasks to scale back greenhouse gasoline emissions.
BMW CEO warns against electric-only strategy
BMW Chief Executive Officer said companies must be careful not to be focusing only on electric vehicles, adding that there was still a market for IC cars.
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South Korea raises interest rate to tame inflation
South Korea's central bank on Thursday raised its key interest rate to the highest level since August 2019 to tame rising inflation, especially soaring energy costs linked to the Ukraine crisis.
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Top 20 happiest countries in the world for 2022 according to the United ...
Happiness is where home is! Well, contradicting this with data at hand is the World Happiness Report, 2022, as published by the UN Sustainable Development Solutions Network.
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The Geneva Motor Show Will Return in 2023 After a 3-Year Absence
The announcement was made the same day the 2022 Beijing Motor Show was postponed.
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Global M&A volumes hit record high in 2021, exceeding $5 trillion
Global mergers and acquisitions hit new highs in 2021, breaking prior records by a long shot. The number of announced deals exceeded 62,000 globally in 2021, up an unprecedented 24% from 2020.
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Jeff Bezos to Step Down as Amazon CEO; Andy Jassy to Take Over
The company announced changing roles as it reported that revenue in the fourth quarter soared 44% to $125.56 billion
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China failed to buy agreed amounts of U.S. goods under ‘phase one’ trade ...
China has so far failed to meet its committed purchases of U.S. goods under the “phase one” trade deal that it struck with the Trump administration.
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Signal and Telegram downloads surge after WhatsApp says it will share data with ...
Downloads of privacy-focused messaging apps Signal and Telegram got a boost as users looked for alternatives to Facebook-owned WhatsApp over concerns about changes to the service’s privacy policy.
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Elon Musk Overtakes Amazon's Jeff Bezos as World's Wealthiest Person
Elon Musk has overtaken Amazon founder Jeff Bezos as the world’s richest person, driven by a meteoric rise in the value of Tesla the electric-car maker he runs.
