By Glenn CHAPMAN Fraud convictions this week for Theranos founder Elizabeth Holmes will send a chill through Silicon Valley entrepreneurs, insiders say, now they know there is the threat of jail for airy promises that come to nothing.But with billions of dollars washing around the tech industry in search of the next big thing, the […]
Japanese carmaker Toyota led US automobile sales in 2021, according to figures released Tuesday, overtaking General Motors for the first time as a shortage of semiconductors roils the car industry. The shift atop the rankings came after a year in which assembly lines were plagued by scarcity of the crucial computer chips, resulting in steep […]
China Tuesday said it will continue to “modernise” its nuclear arsenal and called on the United States and Russia to reduce their stockpiles a day after global powers pledged to prevent such weapons spreading. In a rare joint statement setting aside rising West-East tensions, the United States, China, Russia, Britain and France reaffirmed their goal […]
The world began ushering in 2022 on Friday after another tumultuous and pandemic-ridden year capped by new restrictions, soaring case numbers, and a slight glimmer of hope for better times ahead. The past 12 months saw a new US president and a new Adele album, the first spectator-free Olympics, and dreams of democracy from Afghanistan […]
By Ali BEKHTAOUI The world economy woke up from its pandemic-induced coma in 2021, but between the Omicron variant causing renewed disruptions and persistent inflation pushing central banks to pump the brakes, the outlook is uncertain.Here is a look at the state of the global economy: Uneven recovery Countries have posted impressive growth figures as […]
A Covid variant-driven “tsunami” threatens to overwhelm healthcare systems, the WHO said Wednesday as AFP data showed cases have surged across the world in the past week to levels never seen before. Highly transmissible Omicron propelled the United States, France and Denmark to fresh records on Wednesday, with AFP’s tally of 6.55 million infections reported […]
By Holmes CHAN Hong Kong pro-democracy media outlet Stand News said Wednesday it will close after a police raid and arrests of seven current and former staff members, in the latest blow to the city’s rapidly shrinking press freedoms. Suppression of the semi-autonomous Chinese city’s local press has increased in the wake of 2019’s huge […]
Beijing on Tuesday accused the United States of irresponsible and unsafe conduct in space over two “close encounters” between the Chinese space station and satellites operated by Elon Musk’s SpaceX. Tiangong, China’s new space station, had to manoeuvre to avoid colliding with one Starlink satellite in July and with another in October, according to a […]
By Hui Min NEO with AFP bureaus The WHO warned Tuesday that the Omicron coronavirus variant could overwhelm healthcare systems despite early studies suggesting it causes milder disease, as China and Germany reintroduced tough restrictions to stem new infections. Covid-19 surges have wreaked havoc worldwide, forcing many nations to make tough choices between economically punishing […]
