Tesla to acquire German battery assembly maker
Palo Alto – Tesla Inc has agreed to acquire German ATW Automation, a supplier assembling battery modules and packs for the auto industry, a source familiar with the transaction said on Friday. ATW, a subsidiary of Canadian ATS Automation Tooling … Continue reading Tesla to acquire German battery assembly maker
Alibaba: Digitalization is the ‘Biggest Opportunity of Our Time’
Hangzhou – Closing out Alibaba’s annual Investor Day event on Wednesday, Chairman and CEO Daniel Zhang told viewers tuning in virtually that there had been internal discussion about whether business strategy and priorities needed a revamp to restore normalcy and … Continue reading Alibaba: Digitalization is the ‘Biggest Opportunity of Our Time’
China Approves Three New Free Trade Zones
Beijing – Three newly established pilot free trade zones will further facilitate its high-level opening-up and boost high-quality growth through deeper reforms, especially in the areas of digital economy, high-end manufacturing and regional integration, senior government officials and experts said … Continue reading China Approves Three New Free Trade Zones
Investigational COVID-19 vaccine well-tolerated
Washington – A Phase 1 trial of an investigational mRNA vaccine to prevent SARS-CoV-2 infection has shown that the vaccine is well-tolerated and generates a strong immune response in older adults. A report published today in the New England Journal of … Continue reading Investigational COVID-19 vaccine well-tolerated
Traveloka: Recovery of Indonesia’s Travel & Tourism Sector
Jakarta – Traveloka, Southeast Asia’s leading digital travel and lifestyle booking platform, launched the Traveloka Clean Partners campaign as part of the company’s commitment to support the CHSE (Cleanliness, Health, Safety, and Environment) Protocols, while at the same time contributing to the acceleration of … Continue reading Traveloka: Recovery of Indonesia’s Travel & Tourism Sector
Corona on salmon may be infectious for a week
Hong Kong – A team of Chinese researchers has found the coronavirus that causes Covid-19 can survive for more than a week on the surface of chilled fresh salmon, raising implications that it could be a source of international transmission. … Continue reading Corona on salmon may be infectious for a week
Robot restaurant can prepare over 200 dishes
Foshan – A Chinese business claiming to be the world’s first “robot restaurant complex” officially opened Monday in the southern Guangdong province. FOODOM Tianjiang Food Kingdom — located in Foshan’s Shunde District, an area hailed as the “cradle of Cantonese cuisine” — … Continue reading Robot restaurant can prepare over 200 dishes
China factory prices fall as recovery continues
BEIJING – China’s factory gate prices fell at their slowest annual pace in five months in August as the world’s second-largest economy and its industries continued to recover from a slump caused by the coronavirus pandemic earlier this year. Annual … Continue reading China factory prices fall as recovery continues
Asia−Pacific: Generation Z Consumer Behaviour
New York – Gen Zers (born 1996–2012) are coming of age. By 2025, the group will make up a quarter of the Asia–Pacific (APAC) region’s population—the same as millennials (born 1980–1995). And as Gen Zers mature, they will make and spend … Continue reading Asia−Pacific: Generation Z Consumer Behaviour
Reimagining the $9 trillion tourism economy
New York – Tourism made up 10 percent of global GDP in 2019 and was worth almost $9 trillion,1 making the sector nearly three times larger than agriculture. However, the tourism value chain of suppliers and intermediaries has always been fragmented, with … Continue reading Reimagining the $9 trillion tourism economy