A user opens the Didi Chuxing ride-hailing smartphone app in Shanghai, China, on Sept. 18, 2020. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s version of Uber, Didi Chuxing, is trying to use car travel as a way into multiple aspects of daily life from grocery shopping to […]
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U.S.-China relations are ‘still deteriorating,’ says former U.S. ambassador
U.S.-China relations are getting worse and have not “reset” under President Joe Biden in the way that many had previously expected, said Max Baucus, a former American ambassador to China. “The situation unfortunately is generally still deteriorating,” Baucus told CNBC’s “Squawk Box Asia” on Friday. “I think a lot of […]
Cornwall, home of the climate-themed G-7 summit, is embracing a push toward renewable energy
This year’s G-7 summit will be held in the county of Cornwall, a part of southwest England known for its stunning coastline, historic fishing communities and natural beauty. As well as being a popular destination for tourists — the county’s beaches are thronged with holidaymakers during the summer — Cornwall […]
Biden and G-7 leaders will endorse a global minimum corporate tax of at least 15%
U.S. President Joe Biden speaks about his administration’s pledge to donate 500 million doses of the Pfizer (PFE.N) coronavirus vaccine to the world’s poorest countries, during a visit to St. Ives in Cornwall, Britain, June 10, 2021. Kevin Lemarque | Reuters WASHINGTON — President Joe Biden and leaders of the […]
Tesla begins deliveries of its new Model S Plaid
Tesla Model S Plaid Source: Tesla Tesla began deliveries of its new Model S Plaid, a high-performance version of the company’s flagship electric sedan, on Thursday with a livestream event at the company’s test track near its factory in Fremont, California. The company’s design leader, Franz von Holzhausen, served as master […]
Tesla set to begin deliveries of its new Model S Plaid
Tesla Model S Plaid Source: Tesla Tesla was poised to start deliveries of its new Model S Plaid, a high-performance version of the company’s flagship electric sedan, on Thursday with a live stream event in Fremont, California. CEO Elon Musk had promised that the Tesla Model S Plaid would deliver […]
Trump spokesman Jason Miller leaving his role to join tech start-up
Former senior advisor to President Donald Trump’s 2020 campaign Jason Miller walks through the halls of the U.S. Capitol on the first day of Trump’s second impeachment trial in the Senate on February 9, 2021 in Washington, D.C. Chip Somodevilla | Getty Images Former President Donald Trump‘s longtime aide and […]
From green energy to cybersecurity, Citi names ‘unstoppable trends’ that investors can jump on
Large solar panels are seen in a solar power plant in Hami, China on May 8, 2013. STR | AFP | Getty Images From green energy to equal access to education and technology, investors can find opportunities to make money through these “unstoppable trends,” says Citi. Alternative and green energy […]
Chinese ride-sharing giant Didi files to go public, earned a small profit last quarter on $6.4 billion in revenue
A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Chinese ride-hailing giant Didi Chuxing on Thursday filed to go public in what could be one of the largest tech IPOs of this year, positioning large […]
Bitcoin conference attendees report testing positive for Covid after returning from Miami
Getty Images Some of the 12,000 attendees who flew into Miami last weekend for the biggest bitcoin event in history have started testing positive for Covid. Bitcoin 2021 drew crypto enthusiasts from around the world to the Mana Wynwood convention center in Miami’s arts and entertainment district. For three days, […]