Despite coronavirus case numbers rising again in Japan and South Korea, local stock markets continue to gain. The Korean Kospi index was already 7 percent above Jan 2020 levels, while Japan’s Nikkei had about regained its coronavirus losses. This devel…
Between 1994 and 2017, the surface of the Earth lost a staggering 28 trillion tonnes of ice. The stunning revelation comes from a team of scientists at Leeds and Edinburgh universities as well as the University of London. Their findings were published …
While overall retail sales in the United States have rebounded relatively quickly following an unprecedented dip due to the COVID-19 pandemic, some retail categories are still trailing 2019 sales levels by a significant margin halfway through 2020. Sal…
Almost one in three – or 32 percent – of all cars produced worldwide in 2019 came out of China. As shown in numbers by the automobile manufacturers’ association OICA, the world manufactures less cars than it did in 2014, but several Asian markets actua…
Still miniscule compared to pre-pandemic earnings, which averaged above $150 million per week this year.
After the record for the world’s biggest IPO was just broken in December when Saudi state-owned oil company Saudi Aramco went public on the Riyadh stock exchange, payment provider Ant Financial is now on track to set the bar a little bit higher once mo…
Activist group Avaaz has released a new report highlighting the extent of health misinformation on Facebook. It states that the company is failing to keep people safe and informed during the pandemic and that anti-vaccine communities, conspiracy theori…
A completed Senate report this week confirmed that the Russian government actively engaged in election interference in favor of President Trump in 2016. The report also warned of repeated interference by Russia in upcoming elections. A new survey shows…
College and universities are restarting across the U.S., and reopening plans vary from fully in-person, fully online or a mix of the two. A growing number of schools are quickly going fully online due to outbreaks after starting the year with in-person…
Universal Basic Income (UBI) was thrown into the public spotlight during businessman and entrepreneur Andrew Yang’s campaign for the Democratic presidential primary election. It’s also gained traction during the COVID-19 pandemic and subsequent economi…