Axios’ report states that China now has a total of 1,133 billionaires, a figure which is growing approximately three times faster than the US’ billionaire population. Presently, the US had 716 billionaires. The three cities with the largest billionaire populations are now all in China, with Shenzhen recently bumping New York City from third place. […]
On Thursday, Mitsubishi Heavy Industries announced plans to work with Japan’s atomic energy agency to provide technical assistance to American start-up TerraPower, run by billionaire Microsoft co-founder Bill Gates. The start-up aims to build a next-generation nuclear reactor in Wyoming. TerraPower plans to build its plant in the US state by 2028, using a new […]
Japanese billionaire Yusaku Maezawa has fulfilled his childhood dream today as he travelled to space as one of two passengers on board a Russian rocket headed for the International Space Station (ISS). Yusaku Maezawa, the founder of Japanese online fashion retailer Zozo, and his production assistant, Yozo Hirono, have become the first space tourists to […]
Gary Connors, Partner at Oliver Wight EAME, explains what business should be doing in the wake of the COP26 summit. The dialogue and agreements witnessed at COP26 this year have brought on important advances. Despite the last-minute disappointments on the reduction of the usage of coal by China and India the conference reflected a strong […]
The tech company has unveiled three sleek battery-powered prototypes: a luxury sedan, a crossover SUV, and an electric bus. However, according to the press release, it appears that Foxconn does not plan to sell EVs itself. The vehicles will instead be released under the “Foxtron” brand in collaboration with other car manufacturers, such as Taiwan’s Yulon […]
While Apple’s CEO did not specify how much the tech giant would contribute to northern China’s relief efforts, or how the funds would be distributed, his promise follows on from many other relief aid pledges. Most recently, Tim Cook pledged money to help Hurricane Ida relief and recovery efforts after 115 people lost their lives […]
Indonesian e-commerce startup Ula launched last year and has since raised over $30 million and courted several high-profile investors. It has now won the trust of the world’s richest man, with Bezos investing in the company’s new financing round. In a statement released on Monday, it was announced that Bezos Expeditions, Northstar group, AC Ventures […]
The CEO’s comments come in a pre-recorded Q&A style stream at the World Internet Conference, which was hosted by the Cyberspace Administration of China. The comments mark the second occasion this month upon which Musk complimented China — a country that will play a vital role in the long-term success of Tesla. Less than two […]
Image by Wpcpey - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=50843779 Hang Seng has said that its vice-chair and CEO, Louisa Cheang Wai-wan has extended her leave of absence as she recovers from a medical condition first disclosed last year. After her medical leave of absence, Cheang will return as a HSBC executive. In a statement, […]
Abdullo Kurbanov, co-founder and CEO of Alif Bank, speaks to CEO Today about Alif and his career so far. You've got an interesting story of coming back home from London against all the odds and building a company in Central Asia. Why start a fintech in Tajikistan? In the early 2010s, the world was reeling […]
After over a year of no travelling, we were so lucky to be able to escape to the Maldives and Huvafen Fushi for a much-needed adventure, mixed with a little bit of R&R. Read on to find out how our stay at one of the most sought-after resorts in the Maldives was. We reach Huvafen […]
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