business trends

Two-third of the world’s women billionaires are Chinese

China is home to the most self-made women entrepreneurs in the world, according to a new report. The country minted 24 new female billionaires to start 2021, bringing the total number to 85, said Hurun Research Institute. China’s 85 female billionaires amount to two-thirds of the 130 women billionaires in the world. While the number of … Continue reading Two-third of the world’s women billionaires are Chinese

UK Business meziesblog

Bank of England: The UK economy will rise again

The Bank of England voiced cautious optimism Thursday about the U.K.'s economic outlook in the wake of a sharp fall in coronavirus infections and the rapid rollout of the nation's COVID-19 vaccination program. The Bank of England voiced cautious optimism Thursday about the U.K.'s economic outlook in the wake of a sharp fall in coronavirus … Continue reading Bank of England: The UK economy will rise again

This Abrahimovich’s superyacht is the world’s most expensive

Images of the superyacht Chelsea owner Roman Abramovich is building have been revealed. The 500-million euro project will result in the world's most powerful yacht. Complete with a helipad and 48 cabins, the 460-foot yacht, known as 'Solaris', has been photographed by Carl Groll. https://www.instagram.com/p/CLfUeB-L6W3/?utm_source=ig_embed Although still to be water tested, the boat, which is being built in Germany, … Continue reading This Abrahimovich’s superyacht is the world’s most expensive

Robinhood renamed ‘the next Shylock’

Even the Robin Hood of legend had to steal from the rich to give to the poor. Upstart online broker Robinhood Markets and its users may have allowed themselves to think that a mission to “democratize finance” made trading completely free. They were wrong. Robinhood became the platform of choice for social media-savvy punters stoking … Continue reading Robinhood renamed ‘the next Shylock’

U.S. stocks rise as Trump exits the White House

U.S. stocks rose on Tuesday, the last day of Donald Trump's presidency. It was a fitting farewell as numerous records were set during the Trump era, many of them since the devastating pandemic which has taken hundreds of thousands of lives, and smashed the economy. Halliburton shares, technology stock were in demand, as were leading … Continue reading U.S. stocks rise as Trump exits the White House

OMG! Is Jay Chou selling pancakes in China?

In a funny coincidence, a doppelgänger of Taiwanese pop star Jay Chou was recently spotted making Chinese-style egg pancakes in China, paralleling the lyrics of his 2018 song Waiting for you. The romantic song alludes to a protagonist who is waiting for his love, and in a futile attempt to win her over, decides to learn how to make … Continue reading OMG! Is Jay Chou selling pancakes in China?

Wall Street booms as Americans head to polls

Wall Street’s main indexes jumped on Tuesday as investors bet that one of the country’s most divisive presidential races could end with a clear victory for Democratic nominee Joe Biden and a swift deal on more fiscal stimulus. All 11 major S&P indexes were up in morning trading, led by financials .SPSY, healthcare .SPXHC and industrial .SPLRCI stocks as investors … Continue reading Wall Street booms as Americans head to polls

Chinese govt bans Australian goods

As tensions between Australia and China rise, Beijing is expected to ban imports of Australian wheat, the South China Morning Post (SCMP) has reported. From Friday, barley, sugar, red wine, timber, coal, lobster, copper ore and copper concentrates from Australia, are expected to be barred from China even if the goods have been paid for … Continue reading Chinese govt bans Australian goods

Irobiko Chimezie

Twitter records 14 percent increase in Q3

U.S. social media company Twitter Inc. Thursday said it saw a revenue of $936 million in the third quarter of 2020, up 14 percent year on year. Its net income was $28.66 million in July-September, or 0.04 cents per share, compared with a net income of $37 million, or 0.05 cents per share in the … Continue reading Twitter records 14 percent increase in Q3

aviation industry

China increasing investment in the aviation sector

China has achieved comprehensive progress in the civil airport sector with a major move forward in building world-class airport clusters, said a senior civil aviation official Thursday. The sector has gained progress in construction scale, speed, investment and effect over the 13th Five-Year Plan period (2016-2020), said Dong Zhiyi, deputy head of the Civil Aviation … Continue reading China increasing investment in the aviation sector