Naphjas Inc. |

19 Mar China’s recalibration of energy efficiency target could increase emissions, put climate goal at risk, analysts say

Posted at 23:30h in Asia

China’s decarbonisation goals set for 2025 are in danger of veering off track after policymakers redefined a key energy target that could drive emissions higher, climate experts warn.Unless the country exceeds its energy target set for 2024, China would need to make unprecedented progress next...

19 Mar A CBDC trial in Hong Kong could finally enable blockchain to digitise shipping, with help from Ant Group

Posted at 23:00h in Asia

“I think right now in the world, there’s probably only two locations where the regulators somewhat have a plan or vision of how to do this right,” Chen said. “And I think it’s Hong Kong and Dubai.”Maersk’s exit from blockchain-based logistics leaves the field open...

19 Mar Canadian apparel maker Gildan Activewear is up for sale

Posted at 19:41h in Canada

Canadian clothing maker Gildan Activewear said on Tuesday that its board has decided to put the company up for sale following a review by a special committee.The embattled Montreal-based company says it received a non-binding expression of interest from a potential purchaser that it did not name.It mandated investment...

19 Mar This 32-year-old lives in a retirement community in Florida

Posted at 16:21h in Europe

In 2021, Liz White was visiting her parents — retirees who spend the winters in Naples, Florida — when an apartment became available in their building and she decided to move in.Each senior living arrangement has its own eligibility requirement, but residents in this retirement...

19 Mar Earth on the brink of a key warming threshold after chart-busting year

Posted at 13:27h in Europe

A wind change increased flames during a planned ignition on the Ross Moore Lake wildfire in Kamloops, British Columbia, Canada, on Friday, July 28, 2023.Bloomberg | Bloomberg | Getty ImagesA series of climate records last year gave new meaning to the phrase "off the charts,"...

19 Mar Xpeng founder He Xiaopeng bullish after Chinese EV maker reports higher quarterly revenue, narrower loss in line with forecast

Posted at 13:15h in Asia

“Since the first quarter of this year, there has been an industry-wide price war, which has been growing increasingly fierce,” He Xiaopeng, chairman and CEO, said during a company conference call on Tuesday. “Several EV start-ups have been forced to wind down their operations and...

19 Mar Alibaba brings 5-day delivery on AliExpress to US via Cainiao in battle against Shein, Temu

Posted at 13:00h in Asia

Alibaba Group Holding has expanded its “five-day delivery” service to the US, as the Chinese e-commerce giant faces intensified competition against Temu and Shein in the world’s largest economy.Customers who place an order in the US on AliExpress, Alibaba’s international e-commerce platform, can now expect...

19 Mar Canada’s annual inflation rate slowed to 2.8% in February

Posted at 12:35h in Canada

Business·BreakingCanada's annual inflation rate slowed to 2.8 per cent in February, according to Statistics Canada.Economists had expected uptick after rate dipped to 2.9 per cent in JanuaryJenna Benchetrit · CBC News · Posted: Mar 19, 2024 8:35 AM EDT | Last Updated: 11...

19 Mar Chinese flying taxi maker EHang sells autonomous passenger drone for US$332,000 on Taobao as nation’s low-altitude economy takes off

Posted at 12:00h in Asia

The ambitious domestic and international marketing campaigns show EHang’s confidence in generating strong market demand, months after its self-developed EH216-S became the world’s first recipient of a Type Certificate and Standard Airworthiness Certificate for pilotless eVTOLs. Those certifications were issued last October and December, respectively,...

19 Mar Xiaomi’s sales beat estimates after smartphone recovery and as firm prepares to take on China’s EV market

Posted at 10:32h in Asia

Xiaomi posted better-than-expected revenue growth after the smartphone market showed signs of life during the holiday quarter, spurring hopes of an end to a years-long electronics slump.The Beijing-based firm reported an 11 per cent rise in sales to 73.2 billion yuan (US$10.2 billion) in the...

Author: admin