There are few more messages more timely than the opening line, “Dance your cares away, worry’s for another day” (or is it “worries?”). Today the familiar Fraggle Rock bass line returns, along with the titular felt underground dwellers, as the first of a new series of mini-episodes hits Apple TV+. Apple’s streaming service will post […]

Producers overwhelmed as supply chain disruption fuels fears of shortages

Canberra’s call for an inquiry into the origins of coronavirus has provoked threats from Beijing

Washington’s stance is alarming US allies when a joint approach is needed

Government’s travel ban due to coronavirus makes it nearly impossible for citizens to return home

M&A activity has generally slowed down in the weeks since the novel coronavirus took a grip on the world, but there have been some pockets of activity in the tech industry when the price is right or when the divestment/acquisition just makes sense. The world of messaging brings us the latest development in that theme: SAP, […]

Even though Rohit Prakash was a dual MD and PhD researching optogenetics at Stanford University, his entrepreneurial itch kept returning him to his family’s small business roots. He and his co-founder Nipul Patel began researching the travails of small business owners, interviewing countless entrepreneurs, trying to figure out what their risks were or what caused […]

Deskless workers make up 80% of the global workforce, but to Desmond Lim, that job title is his entire world. Lim grew up in Singapore and saw his father wake up every morning, six days a week, at 5 a.m. to start his job as a driver. Lim and his mom, who worked as a […]

Thierry Breton says coronavirus crisis shows vital supplies are vulnerable to disruption

US private equity firm plans further share in group shaken by fallout from Luckin Coffee scandal

Jingye to keep close contact with Paris as it completes takeover and saves 3,200 jobs

Japanese conglomerate expects rebound in construction industry as cities end lockdowns

Soueast Motor and GAC take advantage of rules favouring locally made vehicles

Idan Ofer’s Kenon offloads shares to majority owner Baoneng in $237m deal

If you can’t stop them, power them. That’s the strategy behind Snapchat App Stories, which launches today to let users show off their ephemeral content in other apps too. The first partners will let you post Stories to your dating profile in Hily, share them alongside [music] videos in Triller, watch them while screensharing in […]

“If your kids aren’t sleeping, you aren’t sleeping,” says Moshi founder and CEO Ian Chambers. As mindfulness apps grow increasingly popular among adults, Moshi is looking to bring mindfulness and meditative techniques to children. The app today announced the close of a $12 million Series B financing led by Accel, with participation from Latitude Ventures […]

The COVID-19 pandemic crisis has underlined the need for greater multilateral cooperation, including the need to improve the global trading system, Deputy Director-General Alan Wolff said on 7 May. Speaking at a webinar hosted by the African Institute for Economic Development and Planning, DDG Wolff said trade will play an important role in Africa’s economic recovery from the crisis, particularly through increased intra-African trade.

By the end of 2019, the global gaming market is estimated to be worth $152 billion, with 45% of that, $68.5 billion, coming directly from mobile games.

November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian-focused payment ventures. That is equivalent to roughly one-third of all the startup VC raised for the entire continent in 2018, according to Partech stats. A notable trend-within-the-trend is that […]

Fintech companies have been lobbying for weeks to be able to participate in the U.S. government’s emergency lending program for small businesses. Now those efforts have paid off, as PayPal, Intuit and Square have all been approved to participate in the U.S. Small Business Administration’s (SBA) Paycheck Protection Program, which provides aid in the form […]

As businesses struggle to reinvent themselves in the midst of the COVID-19 pandemic, Yelp is launching new features to help highlight these changes. For one thing, it’s adding a new information category called virtual service offerings, which will allow businesses to showcase the fact that they’re providing things like virtual consultations, classes, tours and performances. […]

CEOs are more optimistic about growth than international counterparts, despite concerns about over-regulation and the Government's response to Australia's fiscal deficit, according to a PwC report launched today.

Governments must apply renewed focus to achieve fiscal balance and sustainably reduce the cost of delivery.

The Federal Government's decision to be a part of the Asian Infrastructure Investment Bank is a bold move which encourages long term investment in a growing region which will benefit Australia.

The key to Japan's economic future lies in growing it's engagement with the countries on its doorstep, according to a PwC report released today.

PwC Australia has appointed David Smorgon OAM as the Executive Chairman of its Family, Business & Wealth practice in Private Clients.

Australian small businesses can unlock an additional $49.2 billion in output over the next ten years by making better use of existing technology, PwC analysis commissioned by Google released today shows.

PwC’s asset management leader, Ken Woo, said Japan’s commitment to creating a regional market for managed funds represents a ‘tipping point’ in terms of momentum for the initiative.

Australia is facing a growth problem, and the best way to spark growth is to create a bedrock for innovation and support businesses to disrupt themselves and take risks.

Australia's next generation of family business leaders is more confident and better prepared for senior roles than two years ago, but is also experiencing more challenges, both inside the firm and in the wider business landscape.

PwC and NAB have teamed up to help self-employed and microbusiness customers operating in an emerging more flexible economy to manage their GST requirements.

Transportation fuel demand in the United States has decreased since mid-March 2020, as a result of reduced economic activity and stay-at-home orders aimed at slowing the spread of the 2019 novel coronavirus disease (COVID-19). With low demand and a decrease in profitability, as measured by crack spreads, U.S. refineries have reduced gross inputs (runs), which dropped to 12.8 million barrels per day (b/d) for the week ending April 17, 3.8 million b/d lower than the previous five-year (2015–19) average and the lowest level since 2008 (Figure 1). Gross inputs increased slightly to 13.2 million b/d the week of April 24. ...

1. Xiaomi Mi 10 vs OnePlus 8 Pro: A quick comparison of two flagship phones  India Today
2. “Too expensive!”: Does Xiaomi have an image problem in India?  TechPP
3. Xiaomi launches Mi 10 with 108MP camera: Price, offers and other details  Livemint
4. Can the Mi 10 Help Xiaomi Be Seen as a Premium Brand in India?  Gadgets 360
5. Xiaomi Mi 10 at Rs 49,999: Why it makes complete sense  India Today
6. View Full coverage on Google News

1. Saudi, US companies also eyeing stakes in Reliances Jio Platforms  Business Standard
2. Mukesh Ambani is a man on a mission and even a pandemic or lockdown can’t stop him  ThePrint
3. General Atlantic Is Said to Be In Talks for Reliance Jio Stake  BloombergQuint
4. Saudi, US firms eye stakes in Reliance Jio  Hindustan Times
5. Mukesh Ambani in no mood to rest; trying to get more investors for Jio, talks on with rich Saudi wealth fund  The Financial Express
6. View Full coverage on Google News

This afternoon Airbnb, a well-known private company that connects travelers with places to stay, announced that it was laying off around a quarter of its workforce. The company cited revenue declines and a need to curtail costs in a memo that TechCrunch viewed. In the note, written by Airbnb CEO and co-founder Brian Chesky, the […]

Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment from Triple Point, CVentures, and BiG Start Ventures. Founded by Tim Fouracre, who previously founded cloud accounting software Clear Books, and now boasting 20,000 business customers, Countingup’s long term vision […]

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Transportation fuel demand has decreased since early March 2020 as a result of reduced economic activity and stay-at-home orders aimed at slowing the spread of the 2019 novel coronavirus disease (COVID-19). U.S. refineries have reduced the amount of crude oil and other inputs that they process (also known as refinery runs). U.S. refinery runs fell for four consecutive weeks, reaching 12.8 million barrels per day (b/d) in the week ending April 17, and increased slightly to 13.2 million b/d for the week ending April 24, or nearly 21% lower than the previous five-year average for this time of year.

India has been the world's fourth-largest importer of liquefied natural gas (LNG) since 2011, gradually increasing LNG imports as the country's domestic natural gas production declined and domestic consumption increased. India's LNG import capacity more than doubled during the past 10 years, and the U.S. Energy Information Administration (EIA) expects it to increase by a third in the next 3 years as regasification facilities currently under construction come online. However, the construction of domestic pipelines to move LNG from the coastal import facilities to major demand centers further inland has experienced delays. Future growth in India's LNG imports will depend on the timely completion of natural gas pipeline networks.

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