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Tag Archives: Business

Chinese buying interest has surged in recent years

Prachanart Viriyaraks | Getty Images The Wat Saket (Golden Mountain) and Bangkok Grand Palace in Bangkok, Thailand. Chinese investors have continued pouring their money into Thailand’s property sector even as the kingdom barrels toward an uncertain national election. That underscores the Southeast Asian nation’s enduring popularity with the Chinese — …

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An internet split between China and USA

“It’s (China) arguably ahead of U.S. in some areas behind in others, maybe neck and neck. But at the current trajectory, China will probably be ahead of U.S. in five years,” Lee said. “China has more data, more users, more usage per data. And there’s very pro-AI government policies. So …

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HSBC and Goldman Sachs back fintech firm Bud’s Series A funding round

British fintech start-up Bud said Monday that it had secured $20 million in a funding round co-led by HSBC and Goldman Sachs. The London-based company’s platform lets banks update their apps to give users access to financial services products from rivals. Banks can also categorize a customer’s spending data using …

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VW revives the dune buggy with an electric concept for the future

Also known as beach buggies and sand rails, they became wildly popular with the launch of the Meyers Manx, produced by California surfer and entrepreneur Bruce Meyers. Debuting in 1964, Meyers came up with the idea of lifting the body off the original Volkswagen Beetle and replacing it with a …

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Amazon CEO Jeff Bezos ‘change of heart’ on advertising

Joe Swallen, chief research officer at Kantar, said that while Amazon is becoming more of a product company, it also has to invest more in defending its own turf because Walmart, Target and Best Buy are stepping up promotion of their online commerce businesses. “Even with its massive customer base …

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The grand Super Bowl tradition of soaking coaches with Gatorade

Stephen Dunn | Getty Images The New England Patriots celebrate late in the game against the Seattle Seahawks during Super Bowl XLIX at University of Phoenix Stadium on February 1, 2015 in Glendale, Arizona. Nothing says victory like a coach getting dunked with Gatorade. A tradition that started in 1987, …

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Here’s the real reason stocks had such a strong start to 2019

Many market commentators will try to explain why the stock market kicked off 2019 with the best January in decades, but CNBC’s Jim Cramer stressed on Friday that the move wasn’t tied to historical patterns or the calendar. “You know why stocks had such a good start this year? For …

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Cramer calls on eBay to work with activist investor Elliott Management

Elliott Management’s recently announced $1.4 billion stake in eBay could create real value if eBay’s leaders cooperate with the activist hedge fund, CNBC’s Jim Cramer said Friday. “The guys at Elliott have some great ideas that could potentially make shareholders a lot of money. At the same time, eBay’s management …

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