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Tag Archives: China

Millionaires Now Control Half of the World’s Personal Wealth

The rich are getting a lot richer and doing so a lot faster.Personal wealth around the globe reached $201.9 trillion last year, a 12…
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The $1.4 Trillion U.S. Surplus That Trumps Not Talking About

The U.S. has a surplus of $20 billion with China and $1.4 trillion with the rest of the world.That’s not a normal trade…
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This Stock’s 9,500% Rally Created a Town of Millionaires

At most big companies, it’s pretty clear who the millionaires are: top executives, rainmakers, science whizzes with PhDs.But at China’s Bloomberg. The previously…
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The US Again Has Worlds Most Powerful Supercomputer

Plenty of people around the world got new gadgets Friday, but one in Eastern Tennessee stands out. Summit, a new supercomputer unveiled at…
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Apple Beats Sales Estimates; Shares Rise

Revenue grows the most since 2015; sales of wearables jump IPhone sales meet projections; Apple sees more revenue gains Apple Inc. reported revenue…
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The Rich Are Betting On Living to 100

survey, 53 percent of wealthy investors said they expected to live to 100. Hitting triple digits won’t be easy, but it’s not as…
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This Billionaire Has Put Half His Net Worth Into Gold

Egypt’s Sawiris has put half his entire net worth into gold He’s been waiting 10 years for North Korea stakes to pay off…
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Electric Buses Are Hurting the Oil Industry

About 279,000 barrels a day of fuel won’t be needed this year China adds a London-sized electric bus fleet every five weeks Source:…
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Chinas $1 Billion White Elephant

Sri Lanka’s Hambantota port spurs worries in India, Japan Operator China Merchants is ‘hell bent’ on turning it aound helped ease "the Chinese…
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Uber Pulls Out of Southeast Asia, Selling Operation to Rival Grab

Uber Technologies Inc. has agreed to sell its Southeast Asian operations to Grab, withdrawing from yet another fast-growing region to end a war…
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