Tag: World economy
Dubai Airports traffic may reach pre-Covid levels in early 2024: CEO
Air passenger traffic in Dubai may reach pre-pandemic levels in 2024, a year earlier than previously expected, Dubai Airports CEO Paul Griffiths said. [...]
Shanghai production plunged in April after Covid lockdown
Although Shanghai began in mid-April to prioritize several hundred companies for resuming work, foreign business organizations have said that doesn't [...]
China’s Beijing city loosens robotaxi rules for Baidu Apollo Go, Pony.ai
Chinese tech companies Baidu's Apollo Go and Pony.ai announced Thursday they received permission from Beijing city authorities to remove the safety dr [...]
Denmark the first country to halt its Covid vaccination program
Health personnel are preparing injection syringes with Covid-19 vaccine in 2021 in Copenhagen, Denmark. the country has now announced it will suspend [...]
Lucid to deliver up to 100,000 EVs to Saudi Arabia’s government
With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid's electric Air sedan.Lucid MotorsLucid Gro [...]
What’s next for Pepsi’s after exiting Russia amid Ukraine war
Following Moscow's invasion of Ukraine, multinational companies have withdrawn from Russia in staggering numbers. As of April 22, more than 700 U.S. [...]
People should cut energy use to stop Ukraine war
Virgin Group founder Richard Branson on Wednesday called on individuals and governments to cap their driving speeds and turn down their heating in a b [...]
Shanghai by the numbers: China’s Covid lockdowns
The Huangpu River splits the Chinese city of Shanghai between the older settlement on the west and the newer, financial center on the east.Johannes Ei [...]
Chinese EV maker Nio says it’s gradually resuming production after Covid halt
In February 2020, Nio got a lifeline of financing support led by the government of Hefei city, where the electric car start-up has established its Chi [...]
China’s 2022 Covid lockdowns inflation risk bigger vs 2020
China's automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China's exports overall, Bernstein analyst [...]
Ukraine war most dangerous since Cuban missile crisis
Israeli author, historian and professor Yuval Noah Harari has spoken out frequently against President Vladimir Putin's war in Ukraine, adding that it [...]
New omicron XE variant detected in Japan as UK cases rise
As of April 5 2022, 1,125 cases of XE — a new scombinant subvariant — have been identified in the U.K., up from 637 on March 25.Dominic Lipinski | Pa [...]
Globalization isn’t over, just don’t invest in countries run by despots
Kyle BassThe Russia's unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing [...]
Turkey welcomes Russian oligarch money — but it’s risky for its economy
Eclipse, the private luxury yacht of Russian billionaire Roman Abramovich, anchors at Cruise Port in Marmaris district of Mugla, Turkiye on March 23, [...]
China is shutting down Shanghai in two phases to control Covid
Health workers wearing protective gear as a measure against the Covid-19 coronavirus walk down a street in Jing'an district in Shanghai on March 26, 2 [...]