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Jack Ma Loses Title Of China"s Richest Man, Now Ranks Fourth After Ant Group Fallout

A crackdown on fintech in China has hurt the valuation of one of the country's larger companies, and led to changes in the ranking of China's wealthiest people.  read more.....»»

Category: blogSource: benzingaMar 2nd, 2021

The world"s wealthiest people are losing billions in the coronavirus pandemic — except for Jeff Bezos, who has added $6 billion to his fortune in 2020 as Amazon sales surge

REUTERS/Michele Tantussi Amazon CEO Jeff Bezos is the only one of the world's five richest people that hasn't lost money in 2020, the Bloomberg Billionaires Index shows. Bezos made nearly $6 bill.....»»

Category: topSource: businessinsiderMar 31st, 2020

Bernard Arnault made $5.1 billion in the past 3 days. French billionaires have made more money this year than their counterparts in any other country, and they partially have China to thank

ERIC PIERMONT/AFP/Getty Images .....»»

Category: topSource: businessinsiderOct 11th, 2019

China"s "Las Vegas" is leaving billionaires behind in favor of the rising middle class — see inside the $3.4 billion mega-casino leading the charge

MGM Cotai The gambling capital of the world is Macau, an autonomous region in China, with gaming revenues more than three times that of Las Vegas. The city made its name catering to high-spending VIPs f.....»»

Category: topSource: businessinsiderApr 21st, 2018

California’s Economy Is Now Bigger Than All of the U.K.

Only the U.S., China, Japan and Germany are bigger. California’s economy just made a huge leap. If the state -with its 39.5 million people - was an independent country, it would have the fifth largest economy in the wor.....»»

Category: europeSource: fortuneMay 5th, 2018

Facing Uncertain Road in U.S., Japan Auto Makers Look to China

Nissan Motor said it has started producing its first made-for-China electric car, leading a wave of electric vehicles planned by Japanese makers looking to boost sales in the country......»»

Category: smallbizSource: wsjAug 27th, 2018

Wealth List Reveals China"s 13 Biggest Crypto Billionaires

Chinese entrepreneurs behind some of the biggest crypto firms in the world have made the country's billionaires list for the first time......»»

Category: forexSource: coindeskOct 11th, 2018

Facebook billionaires dominate list of 12 youngest people on Forbes 400

Facebook may be mired in a series of controversies, but the Menlo Park-based social media giant has long made its founders and early investors fabulously wealthy. Forbes, which produces an annual ranking of the wealthiest Americans, more recently broke.....»»

Category: topSource: bizjournalsOct 12th, 2018

Poor billionaires: 430 people fell off the list of the world’s richest

The globe's wealthiest individuals saw their fortunes shrink by a combined $1 trillion in 2018, according to the China-based Hurun Institute......»»

Category: topSource: washpostFeb 27th, 2019

Biden wants to sell blue-collar workers the American Dream of a failing China

In some of his harshest comments ever made about China, Biden called the country "xenophobic" and said it had more retirees than workers. President Joe Biden speaks to members of the United Steel Workers Union at the United St.....»»

Category: topSource: businessinsiderApr 18th, 2024

The billionaire"s social calendar: The must-attend events for the world"s wealthiest business icons

For people who can afford anything, billionaires keep it pretty predictable. Here are.....»»

Category: smallbizSource: nytApr 13th, 2024

Two Of America"s Biggest Companies Have Made A "Massive Bet" On China: "They Can"t Just Abandon…" Says Wedbush"s Dan Ives

Two of America's biggest companies, which have made "massive" bets on China, Tesla and Apple cannot just abandon the country, says Dan Ives. Latest Ratings for TSL.....»»

Category: blogSource: benzingaApr 12th, 2024

Yuan Longping, one of China"s greatest heroes, is dead at 90. Here"s how he saved millions of people during the country"s deadly famine crisis in the 1960s.

Longping developed the world'.....»»

Category: dealsSource: nytMay 24th, 2021

Nichia patent invalidated in China

LED packaging service provider Everlight Electronics has disclosed it has won a patent lawsuit in China, where its Supreme People's Court recently dismissed an appeal filed by Japan-based Nichia to claim validity of its YAG patent in the country......»»

Category: topSource: digitimesMay 4th, 2021

People are lining up in droves after rumors spread that billionaire Jack Ma is giving out cash to Chinese seniors

The gifts are said to be made in honor of Lunar New Year, but authorities warn it may be a scam. Jack Ma in China in 2019. Wang HE/Getty Images Online rumors in China are claiming that Alibaba b.....»»

Category: smallbizSource: nytFeb 15th, 2021

China to fall far short of IC self-sufficiency goal by 2025, says IC Insights

IC Insights has forecast that China-produced ICs will represent only 19.4% of the country's IC market in 2025, a fraction of the country's "Made in China 2025" goal of 70%......»»

Category: topSource: digitimesJan 8th, 2021

Photos of people dining out in China post-lockdown offer a glimpse into what lies ahead for US restaurants

AP Photo/Kin Cheung Restaurant owners in the US are wondering what life will look like when the country fully emerges from lockdown.  Many are looking toward China for direction as it slowly resumes normal life and dining out becomes an.....»»

Category: topSource: businessinsiderMay 4th, 2020

China appears to be upping surveillance in the country amid the coronavirus — even putting cameras into people"s homes

Jaso.....»»

Category: topSource: businessinsiderApr 29th, 2020

8 of America"s richest people have added billions more to their wealth in 2020 — even during the coronavirus pandemic

John Raoux/AP Images Thirty-four of America's wealthiest billionaires have seen their net worths increase by millions in 2020, according to a new report by the left-le.....»»

Category: topSource: businessinsiderApr 24th, 2020

UK made a firm decision on Huawei in 5G: foreign ministry"s top official

Britain's government made a firm decision to allow China's Huawei to have a role in building the country's 5G phone network and as far as the foreign ministry's top official understands it is not being reopened, he said on Tuesday......»»

Category: topSource: reutersApr 21st, 2020