text

Are OYO’s deep cuts a reality check for unicorns?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.After a short pause, we’re back on the topic of unicorn layoffs. While it

text

As customer demand shifts, Bose plans to shutter 119 retail locations

This stuff is never easy. Buying habits change with technology, and just about every brick and mortar operator has felt some squeeze from online purchasing. Seems even flagship brands like Bose techno

text

Twitch’s loss of top streamers impacts hours watched and streamed in Q4 2019, report says

The loss of several big-name streamers is finally taking its toll on Twitch, according to a new report from StreamLabs and Newzoo out today. In August 2019, top streamer Tyler “Ninja” Blev

text

Germany agrees plan to eliminate coal power

Germany is to phase out climate-damaging electricity generation from lignite and hard coal. (Credit: Julian Stratenschulte/AP) Germany is aiming to phase out its coal-fired power stations by 2

text

Wipro Ventures announces $150M Fund II to invest in enterprise startups

Wipro Ventures, the investment arm of one of India’s largest IT companies by market capitalization, said on Thursday it has raised $150 million for its second fund as it looks to invest in more enterp

text

Epsagon scores $16M Series A to monitor modern development environments

Epsagon, an Israeli startup that wants to help monitor modern development environments like serverless and containers, announced a $16 million Series A today.U.S. Venture Partners (USVP), a new invest

text

Russian State Duma approves Mikhail Mishustin for post of PM

The Russian State Duma, or the lower house of parliament, approved Mikhail Mishustin for the post of prime minister at a plenary meeting on Thursday. A total of 383 lawmakers voted in favor of Mishu

text

China's top legislator holds talks with Swiss National Council president

China's top legislator Li Zhanshu held talks with President of the Swiss National Council Isabelle Moret Thursday in Beijing. Forging diplomatic relations with China 70 years ago, Switzerland was one

text

Sri Lanka to deploy civil defense force for human-elephant conflict

Sri Lanka's Ministry of Wildlife Conservation said on Monday that the cabinet has agreed to recruit a civil defense force in areas worst affected by the long-standing conflict between humans and elep

text

First wholly foreign-funded insurance holding company opened in China

01:56 German insurer Allianz launched its wholly-owned insurance holding company in Shanghai on Thursday, which is also the first wholly foreign-funded insurance holding company in Chi

text

Air Tanzania to open Hangzhou-Dar es Salaam flight

A direct flight linking Hangzhou, capital of east China's Zhengjiang Province, and Dar es Salaam, commercial capital of Tanzania, will be launched to send more Chinese tourists to the African country

text

How China overcame the worst of the trade war

Yangshan Deep Water Port in east China's Shanghai, August 25, 2019. Editor's note:Tom Fowdy is a British political and international relations analyst and a graduate of Durham and Oxford univ

text

China, Bulgaria strengthen cooperation in various industries

Deputy Prime Minister of Bulgaria Mariyana Nikolova addresses the China-Bulgaria Business Forum, Beijing, China, January 16, 2020. /CGTN Photo Bulgaria welcomes Chinese enterprises to invest i

text

Disney Inspiration Run to return to Shanghai in April

The 2020 Spring Disney Inspiration Run will be held on April 18-19, the Shanghai Disney Resort announced on Thursday. According to the organizers, apart from the 3.5km, 5km, 10km races and Kids Run

text

Alibaba Cloud Gallery to welcome Olympic fans at Tokyo's Narita airport

Alibaba, a Worldwide Partner for the Olympic Games, will set up their cloud gallery at Tokyo's Narita airport to greet fans from all over the world for the Olympic Gam

text

Soybeans and old tariffs: Why all the fuss?

Editor's Note: Timothy Kerswell is an assistant professor at the Department of Government and Public Administration at the University of Macau. The article reflects the author's opinions, and not

text

One million birds feared dead due to 'blob' heatwave

Scientists have warned that such events will likely become more frequent due to climate change.