How COVID-19 halted the rise of Uber and Airbnb 2021-02-23 A little over a year ago it was difficult to imagine a world before Uber disrupted the taxi industry or Airbnb turned everyone's home into a potential holiday rental.
Rwanda Central Bank tightens banking regulations 2021-02-23 In the face of growing credit uncertainty among local banks, the Rwanda Central Bank is increasing supervisory oversight over local banks.
China's light industry reports profit growth in 2020 2021-02-22 China's light industry registered higher profits but lower revenue in 2020.
Are entrepreneurs born or made? 2021-02-22 We will not go back to business as usual and we have to shift our thinking away from talking about the new normal to talking about the next normal.
Is Xiaomi prepared to step in the NEV sector? 2021-02-22 Xiaomi has been paying attention to the development of the electric vehicle industry and has continuously studied the relevant industry trends.
Egypt sees 2 pc rise in manufacturing, extractive index in Dec 2020 2021-02-22 The Central Agency for Public Mobilization and Statistic has issued the primary data.
FTSE Russell to include 11 Star Market shares from March 2021-02-22 London-based securities benchmark provider FTSE Russell decided to add 129 A-shares to its Global Equity Index Series
Sterling soars close to 3-year high above $1.40 2021-02-20 The British pound soared above $1.40 on Friday for the first time in almost three years.
Bitcoin steams to new record and nears $1 trillion market cap 2021-02-20 Bitcoin hit yet another record high on Friday, and moved within sight of a market capitalization of $1 trillion.
Renault flags difficult year after record $9.7 billion loss 2021-02-20 Renault Chief Executive Luca de Meo warned of lingering headwinds in 2021 as a shortage of electronic chips added to uncertainties.
China-EU partnership on trade is rooted in stability 2021-02-19 Last year, China overtook the U.S. as the EU's largest trade partner, with trade reaching 586 billion euros.
Online market booms, offline pursues digital transformation in Spring Festival 2021-02-19 While the booming online economy stood out in the Spring Festival, offline stores also had their ways to reach out to customers.
JD.com logistics arm files for Hong Kong IPO 2021-02-18 JD Logistics, the delivery arm of China's second-largest e-commerce company JD.com, filed for an initial public offering (IPO) in Hong Kong.
Scale of China's privately offered funds nears 16 trillion yuan 2021-02-18 The scale of China's privately offered funds reached about $2.48 trillion at the end of last year.
Amazon quietly acquires e-commerce rival Selz 2021-02-18 Amazon has quietly purchased the Australian-based e-commerce platform Selz.
Passenger car sales in China post robust growth in January 2021-02-18 Sales of passenger cars in China last month saw a sharp rise from a year earlier thanks to rising demand ahead of the Spring Festival.
Jaguar to become electric-only brand by 2025 2021-02-18 The Jaguar Land Rover company will focus on making electric vehicles as part of a new vision of "modern luxury by design".
China's Shinopharm vaccine gets emergency use authorisation in Nepal 2021-02-18 The Department of Drug Administration has granted emergency use approval to a COVID-19 vaccine.
China's industrial profits shot up by 4.1% in 2020 2021-02-18 Profits for China's major industrial enterprises edged up 4.1 percent in 2020 from a year earlier to settle at 6.45 trillion yuan.
Tesla announces $1.5 billion bitcoin bet,
makes payments pledge 2021-02-09 Tesla Inc. said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future.
Shell profits plunge, chip shortages and Kuaishou prepares flotation 2021-02-05 2020 was an extraordinary year ... We are coming out of 2020 with a stronger balance sheet, ready to accelerate our strategy and make the future of energy.
Asian markets extend gains as outlook sentiment improves 2021-02-03 Asian stock markets extended gains on Tuesday on increased optimism about stimulus packages and global economic recovery
Alibaba's cloud computing revenue up 50%, Q3 revenue beats estimate 2021-02-03 Alibaba's cloud computing revenue skyrocketed by 50 percent in the December quarter to reach 16.11 billion yuan.
Amazon CEO Jeff Bezos quits to become executive chair 2021-02-03 Amazon said on Tuesday that its CEO Jeff Bezos will transition to the role of executive chair in the third quarter.
ExxonMobil, Chevron CEOs discussed potential merger in 2020: report 2021-02-02 ExxonMobil and Chevron executives discussed the possibility of a merger
Silver prices surge to five-month high as retail buyers pile in 2021-02-02 Silver prices leapt to a five-month high on Monday
China's Shaanxi records rising trade with Belt & Road countries in 2020 2021-02-01 Northwest China's Shaanxi Province saw its trade with countries along the Belt and Road routes stand at 63.04 billion yuan
Video giant Douyin storms into China's crowded digital payment arena 2021-02-01 Many Chinese internet firms are keen to develop their own digital payment business as more people turn to a more efficient payment method in the internet era.
China issues action plan on further opening up its market 2021-02-01 The General Office of the CPC Central Committee along with China's State Council on Sunday published an action plan to guide the building of a high-standard market system in the next five years.
China's manufacturing PMI dips to 51.3 in January, expansion continues 2021-02-01 National Bureau of Statistics (NBS) data showed on Sunday that China's manufacturing purchasing managers index (PMI) dipped to 51.3 in January.
ILO sees labor market recovery in the second half of 2021 2021-01-29 Tentative signs of recovery are emerging in global labor markets following an unprecedented disruption in 2020, according to the latest report from the International Labor Organization (ILO).
China’s IPO fundraising hits decade high at $69 billion in 2020 2021-01-28 China's initial public offerings (IPOs) fundraising in the A-share market hit a 10-year high.
Listed companies on China’s ‘new third boardraised’ 33.85 billion yuan in 2020 2021-01-28 Companies listed on China's National Equities Exchange and Quotations (NEEQ), raised about $5.22 billion in 2020, up 27.91 percent year on year, a report from the exchange said.
China’s industrial profits shot up by 4.1% in 2020 2021-01-28 Profits for China's major industrial enterprises edged up 4.1 percent in 2020.
Major foreign invested projects launched in China, eyeing potential and resilience of China’s economy 2021-01-27 China's vigorous economic development in 2020 and the continuous release of the opening-up policy at the beginning of 2021 have further stimulated the expectation of foreign investment on the Chinese market, reported Economic Information Daily Sunday.
China, New Zealand sign upgrading protocol of free trade deal 2021-01-27 China and New Zealand on Tuesday signed a protocol on upgrading their 12-year-old free trade agreement (FTA), which is expected to bring more benefits to the peoples of the two countries.
Economic Watch: As largest FDI recipient, China improves business climate for investors 2021-01-27 Rising above the challenges brought by the COVID-19 epidemic and the global economic recession, China became the world's top destination for new foreign direct investment (FDI) last year, and it has introduced a series of policies to further improve its business environment.
Interview: Qualcomm expects closer cooperation with Chinese partners in 5G deployment, says Qualcomm China chairman 2021-01-27 Chinese President Xi Jinping's remarks at the World Economic Forum (WEF) Virtual Event of the Davos Agenda have demonstrated "China's firm determination to continue facilitating opening up and economic globalization," Qualcomm China Chairman Frank Meng said on Monday.
Pepsi, Beyond Meat cook up snack partnership 2021-01-27 Food industry colossus PepsiCo and faux-burger makers Beyond Meat announced an alliance Tuesday to cook up plant-based snacks that tempt the palate while being easy on the planet.
China’s Kuaishou could give Asian IPOs best start
to a year since 2010 2021-01-27 China's short video platform Kuaishou on Tuesday officially proclaimed its initial public offering (IPO) plan.
China to build 30 fully connected 5G factories by 2023 2021-01-26 China has fast-tracked industrial Internet development through integration with 5G technologies.
Chinese banking sector assets up 10.1% in 2020 2021-01-26 he total assets of China's banking sector saw steady expansion in 2020, data from the country's top banking and insurance regulator showed.
Xiong’an New Area in China provides model for high quality development 2021-01-25 Before the arrival of the year of 2021, the Beijing-Xiong’an intercity railway linking China’s capital city Beijing with Xiong'an New Area, a state-level new area in north China’s Hebei province, opened to traffic.
China revitalizes world’s confidence to recover economy 2021-01-25 China's economic performance over the past year triggered broad discussion and commendation across the world. The country was the only major economy that secured positive growth in 2020, whose GDP for the first time crossed the 100 trillion yuan mark, rising 2.3 percent from a year ago.
CGTN Conversations: Chinese firms add strength to Dubai future tech ecosystem 2021-01-22 Over the decades, the Gulf city of Dubai has emerged as a land of innovation and a place where future could be felt right now in the present. The city is actively encouraging global collaborations to drive innovation and future technology in the United Arab Emirates and internationally through its Dubai Future Accelerators (DFA) initiative that was launched in 2016 under the aegis of Dubai Future Foundation.
Chinese EVs: Passing through a chasm, entering a new decade 2021-01-22 The electric vehicle (EV) industry has been sizzling hot in China in 2020. Three U.S.-listed EV makers from China, namely Li Auto, NIO and Xpeng, have a combined market cap of more than $120 billion as of the last close in 2020.
China, EU enjoy bright prospects in economic, trade cooperation 2021-01-21 China's foreign trade with the EU totaled 4.05 trillion yuan in the first 11 months of 2020, an uptick of 4.7 percent from a year ago, making China the largest trading partner of the EU.
China’s ice-snow tourism revenue to exceed 390 billion yuan in 2021 2021-01-21 Chinese tourists are expected to make 230 million trips featuring ice and snow in the 2020-2021 winter season, generating more than 390 billion yuan(60 billion dollars)in revenue.
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