Prosus, Naspers CEO Bob van Dijk abruptly steps down
Bob van Dijk, the chief executive of Dutch e-commerce investor Prosus and its controlling shareholder Naspers, has resigned from the top role including the boards with immediate effect. Ervin Tu, Prosus’ Group Chief Investment Officer, has been elevated as interim chief executive for the companies that hold significant stakes in major software, payments, edtech, and […]
Amazon announces Prime Big Deal Days on October 10 and 11
Another Amazon sale is always a big deal It doesn’t matter what time of year it is; there’s always a good reason to save money. Amazon understands this better than most and tries to offer as many sales a year as possible. Today, it announced another one: Amazon’s Prime Big Deal Days. It’s set to take […]
Growth Driven by Profitability of Cryptocurrency mining ventures – Technavio – Jimmys Post
NEW YORK, Sept. 17, 2023 /PRNewswire/ — The Cryptocurrency Mining Hardware Market report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the cryptocurrency mining hardware market between 2021 and 2026 is USD 9.21 billion. The profitability of cryptocurrency mining ventures drives […]
Russia-Ukraine war live: key village near Bakhmut retaken; Chinese foreign minister to visit Russia
From 4h ago The Ukrainian president says his forces have recaptured the strategically important village of Klishchiivka on the southern flank of the key frontline city of Bakhmut. “Today I would like to particularly commend the soldiers who, step by step, are returning to Ukraine what belongs to it, namely in the area of Bakhmut,” […]
Amazon announces Prime Big Deal Days on October 10 and 11
Another Amazon sale is always a big deal It doesn’t matter what time of year it is; there’s always a good reason to save money. Amazon understands this better than most and tries to offer as many sales a year as possible. Today, it announced another one: Amazon’s Prime Big Deal Days. It’s set to take […]
US and China ramp up risky spy operations
The CIA is focusing on Xi and, in particular, his intentions regarding Taiwan. The FBI’s counterintelligence task forces across the nation have intensified their hunt for Chinese efforts to recruit spies inside the US, where agents have identified a dozen penetrations by Chinese citizens of military bases on American soil in the past year. Both […]
China police detain some Evergrande wealth management staff
The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China. Reuters File Police in southern China have detained some employees of China Evergrande Group’s wealth management branch, implying a fresh probe that might exacerbate the property giant’s problems. “Recently, public security organs took criminal compulsory measures against Du […]
‘I’m not the showgirl. She’s on TV’: Strictly’s Motsi Mabuse on family life and screen life
Motsi Mabuse knows that when people meet her for the first time, they are expecting to meet a showgirl. The former pro dancer and Strictly Come Dancing judge has flown in from her home in Germany this morning but, post-photoshoot, she is wearing a baggy black sweatshirt, leggings and trainers. It’s funny, I say, but […]
The ‘Modi-fied’ G20: Reimagining globalisation
(File) A hoarding with a picture of Prime Minister Narendra Modi welcoming G20 delegates is seen at the Indira Gandhi International Airport ahead of the G20 Summit, in New Delhi, on 5 September, 2023. Reuters The recently concluded G20 summit in Delhi has been a resounding success which has been lauded by leaders world over. […]
J&T Express named Saudi Arabia’s Best New Last Mile Delivery Company of 2023
The Global Logistics Provider receives Dual Wins at the International Finance Awards. J&T Express recognized as ‘Most Innovative Service Provider in Saudi Arabia‘. Strides made in Saudi Arabia earn coveted industry titles. RIYADH, Saudi Arabia, Sept. 17, 2023 /PRNewswire/ — J&T Express emerged as a double award winner at the International Finance Awards 2023. The […]
The G20 Summit: A triumph for ‘Team India’
Against all dire predictions and odds, right till the day the G20 Summit started on 9 September, India was able to produce a 100 per cent consensus G20 New Delhi Leaders’ Declaration on the first day of the Summit itself. Agreement among all the participating countries was achieved not only on the substantive issues of […]
China police detain some Evergrande wealth management staff
Police in southern China have detained some staff at China Evergrande Group’s wealth management unit, suggesting a new investigation that could add to the property giant’s woes. “Recently, public security organs took criminal compulsory measures against Du and other suspected criminals at Evergrande Financial Wealth Management Co.,” Shenzhen city police said in a social media […]
Reuters US Domestic News Summary
Following is a summary of current US domestic news briefs. Biden weighed by economic concerns, age in potential 2024 rematch with Trump -Reuters/Ipsos poll U.S. President Joe Biden’s chances of re-election are being jeopardized by voters’ concerns over his age, the economy and crime, according to a Reuters/Ipsos poll, creating an opportunity for Republican challenger […]
Expanding into the U.S. Market, EVE Sets its Sights on the Global Stage
LAS VEGAS, Sept. 15, 2023 /PRNewswire/ — From September 11th to September 14th, one of the largest and most influential international exhibitions in North America and one of the most successful in the industry, RE+2023, the USA International Solar Exhibition (hereafter referred to as “RE+2023”), was held in Las Vegas, USA, on the prestigious Las […]
TikTok hit with hefty fine in Europe for past failings safeguarding youth privacy
TikTok faces a hefty fine in Europe from a regulator for past shortcomings in protecting the privacy of younger users, a development that experts say could have implications for Canadian regulators and young people using the popular platform here. News broke on Friday that Ireland’s Data Protection Commission (DPC) — the lead privacy regulator for Big Tech companies whose […]
Chinese authorities detain Evergrande staff amid crisis in property market
Chinese authorities have escalated their involvement in the ongoing Evergrande crisis, detaining personnel from the property giant’s financial subsidiary. The Shenzhen police disclosed the detentions in a social media statement on September 16 evening but provided minimal details. Among the detainees, only one was partially identified — someone with the surname ‘Du’, Bloomberg reported. Evergrande […]
Ampace unveils Kunlun series energy storage solutions with groundbreaking 15,000 life cycle at RE+
LAS VEGAS, Sept. 15, 2023 /PRNewswire/ — Xiamen Ampace Technology Limited (hereinafter referred to as “Ampace”), a pioneer in cutting-edge lithium battery research and innovation, has unveiled its Kunlun series ultra-long cycle life batteries with 15,000-cycle and an array of innovative energy storage solutions at RE+, the largest renewable energy exhibition in North America, held between […]
China police detain some Evergrande wealth management staff
BEIJING, Sept 17 (Reuters) – Police in southern China have detained some staff at China Evergrande Group’s wealth management unit, suggesting a new investigation that could add to the property giant’s woes. “Recently, public security organs took criminal compulsory measures against Du and other suspected criminals at Evergrande Financial Wealth Management Co.,” Shenzhen city police […]
Dwayne ‘The Rock’ Johnson mocked by Logan Paul after shock return to WWE
Dwayne ‘The Rock’ Johnson has made a sensational return to WWE – but not everyone was impressed. Logan Paul, once a good friend of The Rock, has mocked the return of the wrestling legend by comparing him to the Jersey Shore cast. 5 The Rock returned to the WWE on Friday nightCredit: FOX / WWE […]
May not be a ‘Chinese Century’: How Xi Jinping’s economic mismanagement can derail Beijing’s big dreams
The at least $17.7 trillion Chinese economy has been facing a slowdown recently, which is hard to miss due to China’s global trade and investment connections. China slipped into deflation for the first time in more than two years, official data showed on 9 August. The IMF expects China’s economy to expand 5.2 per cent […]
Chinese defence minister Li Shangfu under investigation for corrupt procurement
China’s Defence Minister Li Shangfu who is under investigation for corrupt practices. Reuters. Defence Minister Li Shangfu, who has been missing from public view for more than two weeks, has been placed under investigation by Chinese authorities, according to 10 people familiar with the matter. The investigation into Li relates to procurement of military equipment, […]
Four years later, professional tennis resumes in China after WTA ends Peng Shuai boycott
A four-year absence of elite women’s tennis in China is set to end with the Women’s Tennis Association holding seven tournaments in the next six weeks as part of the tour’s Asian swing. After tournaments in China were cancelled due to COVID-19 travel restrictions in 2020, the WTA suspended events in the country in December […]
How G20 New Delhi Summit has shown possibility of consensus on most pressing challenges
Against all dire predictions and odds, right until the day the G20 Summit started on 9 September, India was able to produce a 100 per cent consensus on the G20 New Delhi Leaders’ Declaration on the first day of the Summit itself. Agreement among all the participating countries was achieved not only on the substantive […]
Hillary Rodham Clinton: Big tech makes money while stripping our democracy
MANILA, Philippines – How can one keep democracy safe from the darker sides of social media, artificial intelligence, and society’s hunger for engagement? If you ask former US secretary of state Hillary Rodham Clinton, it’s high time that unregulated big tech companies are held accountable for the dangers that they enable. “When you strip it […]
TikTok fined 345 million euros over handling of children’s data in Europe
It is the first time ByteDance-owned TikTok has been reprimanded by the DPC, the lead regulator in the EU for many of the world’s top tech firms due to the location of their regional headquarters in Ireland. Image Credit: Pixels. TikTok has been fined 345 million euros ($370 million) for breaching privacy laws regarding the […]
WTA Makes China Return After Peng Shuai Boycott
Professional women’s tennis tournaments return to China on Monday, less than two years after the WTA vowed to boycott the country out of concern for player Peng Shuai and the risks to its players and staff. The WTA tournament opening Monday in the southern metropolis of Guangzhou will be the first in mainland China since […]
Reuters World News Summary
Following is a summary of current world news briefs. Amini death anniversary sees heavy security in Iran -rights groups, witnesses Iranian security forces deployed in the hometown of Mahsa Amini in anticipation of a flare-up in unrest marking this weekend’s first anniversary of her death in morality police custody, witnesses, social media posts and rights […]
Rahm Emanuel takes the spotlight with snarky China tweets
WASHINGTON/TOKYO, Sept 15 (Reuters) – When a Reuters reporter asked a U.S. State Department spokesperson this week about a sarcastic social media post by the U.S. ambassador to Japan concerning China’s missing defense minister, the reply was appropriately diplomatic. The ambassador, Rahm Emanuel, has always spoken in “a colorful manner,” said Matthew Miller, restraining a […]