Business is booming.
Browsing Category

World News

U.K. suspends Hong Kong extradition treaty and extends arms embargo in rebuke to China

Britain's Foreign Secretary Dominic Raab arrives for a COBRA meeting at 10 Downing street in central London on April 9, 2020.OLGA AKMEN | AFP via Getty ImagesThe U.K. has suspended its extradition treaty with Hong Kong amid rising tensions with China over its new national security law in the former British colony.British Foreign Secretary Dominic Raab announced in a speech to the House of Commons on Monday that the treaty would be suspended indefinitely, accusing China of a "clear and serious violation of the U.K.-China…

Record China flooding impacts PPE supply chain to US

The flooding is also impacting US supply chains for personal protective equipment, crucial to fighting the pandemic.Wuhan, the epicenter of the novel coronavirus, sits along the banks of the Yangtze River, where water levels reached their fourth-highest in recorded history. China flooding causes delays of up to three weeksWest of Wuhan in Xiantao, sits China's largest manufacturer of nonwoven fabrics used in the production of PPE. Torrential rain has created additional barriers for exporting goods, including PPE, as some…

India’s coronavirus outbreak explained in four graphics

So how did the world's second-most populated country get here?India reported its first case on January 30 -- the patient in the southern Indian state of Kerala had been studying in Wuhan, the Chinese city where the first known case of Covid-19 was recorded last December.For weeks, as coronavirus outbreaks took off in other parts of Asia, India remained relatively unaffected. It wasn't until March 13 that the country reported its first death -- and even then, it had only recorded 73 cases. <!--

President Trump won’t agree to accept 2020 election results as Biden leads in polls — ‘I have to see’

President Donald Trump declined Sunday to say he would accept the results of the 2020 election, adding that he will "have to see" and claiming without evidence that mail-in voting will "rig the election." Trump's comments came during a wide-ranging interview with "Fox News Sunday" host Chris Wallace in which he criticized so-called cancel culture and repeatedly downplayed the coronavirus, which has infected more than 3.7 million people in the U.S. and killed at least 140,131, according to data compiled by Johns…

Hong Kong tightens coronavirus restrictions as cases hit record

Pedestrians wearing face masks walk by an electronic screen displaying the Hang Seng Index on July 8, 2020 in Hong Kong, China.Deng Qingle | China News Service via Getty ImagesHong Kong tightened coronavirus restrictions on Sunday, with non-essential civil servants told to work from home from this week, as the global financial hub reported a record number of daily cases. Earlier on Sunday, an event by pro-democracy politicians to mark the one-year anniversary of an attack in a train station by an armed mob was stopped by…

Why Silicon Valley’s biggest companies are investing billions in India

Amazon (AMZN) pledged $1 billion in January, Facebook (FB) invested nearly $6 billion in late April and Google (GOOGL) topped them all last week with a $10 billion commitment. They're part of a wave of investment into India's tech industry this year that's now well over $20 billion, with most of it coming from the United States. The magnitude and sources of those investments would have seemed highly unlikely, if not outright unthinkable, just months ago when all those technology companies were on a collision course with…

Nelson Mandela: 10 surprising facts you probably didn’t know

Here are 10 surprising facts you probably didn't know about Nelson Mandela: 1. He lived up to his nameMandela's birth name was Rolihlahla. In his Xhosa tribe, the name means pulling the branch of a tree or troublemaker. The name "Nelson" was given to him by his teacher on his first day of elementary school. It's not clear why she chose that particular name. It was the 1920s, and African children were given English names so colonial masters could pronounce them easily. 2. He had a cameo in a Spike Lee filmHe had a part in…

‘Black Forest Rambo’ arrested after five-day manhunt in Germany

The suspect has been identified as 31-year-old Yves Rausch, and was given the nickname in local media outlets and on social media after he disappeared into the forest after an altercation with police. On Sunday, police reported that officers were called about a man "dressed in camouflage" carrying a bow and arrow. Rausch initially cooperated with the officers, before threatening them with a gun and managing to disarm them of their "service weapons" before disappearing into the forest. "A large force of several hundred…

Rep. John Lewis, civil rights freedom fighter who rose to Congress, dies at 80

Rep. John Lewis is seen near the statue of Martin Luther King Jr. in the Capitol Rotunda before a memorial service for Rep. Elijah Cummings, D-Md., Oct. 24, 2019.Tom Williams | CQ Roll Call | Getty ImagesRep. John Lewis, the sharecroppers' son who battled against segregation — getting his head bashed by an Alabama state trooper in Selma on "Bloody Sunday" 1965 — and later became a 17-term congressman from Georgia, has died. He was 80.He died Friday, his family said. He was diagnosed with cancer in December.Lewis moved his…