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 […]
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Shipments of some Apple products, as well as Dell and Lenovo laptops are likely to face delays if China’s COVID-19 lockdowns persist, analysts said, as curbs force assemblers to shut down and closed-loop arrangements get harder to maintain. China’s race to stop the spread of COVID-19 has jammed highways and ports, stranded workers and left […]
Travel lovers, adventures seekers, this one is for you. The digital era is furbishing a whole new way of conducting work, with the fitting means to support how you make money, from the comfort of your own space, no matter where you are in the world. The tectonic shift, mainly driven by the COVID-19 pandemic, […]
Around 30 Taiwanese companies, many making electronics parts, said on Wednesday that government COVID-19 control measures in eastern China had led them to suspend production until at least next week, as disruption from the measures spreads. China has put Shanghai under a tight lockdown since late March and neighbouring Kunshan has also tightened curbs to […]
Chinese battery giant Contemporary Amperex Technology has implemented a so-called “closed-loop management” system at its main factory to keep production going as the country battles an Omicron wave of the coronavirus. The southern Chinese city of Ningde, where CATL is headquartered, has tightened prevention and control efforts because of a spate of COVID-19 cases, the […]
Du mobile telecommunications service, owned by the Emirates Integrated Telecommunications Company (EITC), was established in 2007 as the second operator in the United Arab Emirates (UAE), aiming at contesting the hegemony of Etisalat, the undisputable leader in the telecom sector in the UAE and other foreign markets. Du offers mobile and fixed telephony, broadband connectivity, […]
Taiwan’s spy catchers have launched probes into around 100 Chinese companies suspected of illegally poaching semiconductor engineers and other tech talent, a senior official at the island’s Investigation Bureau told Reuters. That comes on top of seven prosecuted since the start of last year and includes 27 which have either been raided or whose owners […]
Dozens of Chinese firms have built software that uses artificial intelligence to sort data collected on residents, amid high demand from authorities seeking to upgrade their surveillance tools, a Reuters review of government documents shows. According to more than 50 publicly available documents examined by Reuters, dozens of entities in China have over the past […]
As we bid 2021 farewell, the takeaway from this eventful year is that we should learn to cling to the wave of change that accompanies the human race and, with it, the wave of endless innovations. 2021 came, and along came the never-ending opportunities of financial innovation to evolve as a race and clutch to […]
European shares rose slightly after early sluggishness on Friday, as a rally in bank stocks helped outweigh worries about economic growth and inflation, with Europe facing a deadline to start paying for Russian gas in roubles.Russian President Vladimir Putin threatened to cut off gas supplies unless paid in local currency from April 1 — a […]