Cryptoassets could be seized to help combat economic crime, Britain’s government said on Thursday, but its proposal stopped short of the radical overhaul called for by lawmakers who want a single crime-busting agency. Banking and online scams have rocketed in Britain, particularly since the COVID-19 pandemic. The government said in its response to a parliamentary […]
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The Saudi telecom market is highly competitive with the existence of three major mobile network operators, STC, Mobily, and Zain KSA and several mobile virtual network operators (MVNO) licensed by the Communications and Information Technology Commission (CITC), the main communications regulatory authority in the KSA. Although each with a different strategy, they have been all […]
Star stock-picker Cathie Wood’s Ark Invest this week snapped up shares of pandemic darlings including Roblox Corp, Roku Inc and Zoom Video Communications that have fallen out of favor this year. The asset manager’s flagship ARK Innovation ETF has slumped 43% this year, lagging far behind the S&P 500’s 7.7% decline as the prospect of […]
The COVID-19 pandemic and the overtake of digital transformation on all frontiers hazardously affected the supply chain of many industries, and the smartphone industry is one of them. With the speedy technological development, everyone has built this craving to have the thinnest, fastest, latest, and smartest phones. But what do we really know about the […]
Taiwan firms making chip and electronic components reported a mixed picture on Wednesday on work resumption in the eastern Chinese city of Kunshan after COVID-19 curbs, with some warning deliveries would be postponed until next month. China has put Shanghai under a tight lockdown since late March and neighbouring Kunshan has also tightened curbs to […]
When the world was first hit with its COVID-19 case and the news hastily spread, global populations were hit with the pandemic whiplash, bursting into their comfort zones and breaking all bounders of normality. For the tech industry, however, this was not the case. As businesses were closing doors, Big Tech giants were embracing the […]
China’s supply chains must be stabilised amid COVID-19 outbreaks, with local governments helping key companies get back to work, the official Xinhua news agency quoted Vice Premier Liu He as saying. Growing COVID-19 flare-ups are snarling China’s logistics chains, clogging highways and ports, stranding workers and shutting countless factories. The disruptions are already spilling over […]
China said on Friday that it will help hundreds of companies in key sectors to resume production in locked-down Shanghai, the commercial capital at the centre of the country’s latest COVID-19 outbreak, as businesses warn of the growing economic toll of restrictions. The announcement comes as a growing number of business leaders and analysts warn […]
Nowadays, investing is perceived as a new means to make money to be set aside while hustling through your 9 to 5 job with the hope of building wealth. The concept itself of paying out a certain amount with the anticipation of gaining more money throughout time is tempting. For that reason, it is of […]
Automakers in China may have to suspend production in May if suppliers in Shanghai and surrounding areas are not able to resume work, He Xiaopeng, the chief executive officer of Chinese electric-car maker Xpeng, said on Thursday. Growing lockdowns to stop the spread of COVID-19 in China are clogging highways and ports and shutting countless […]