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Seven Africa-focused startups present at Y Combinator’s Demo Day

The seven African-focused companies which presented as part of Y Combinator’s 200 strong cohort of Winter 2019 class of 200 startups may seem like a small percentage for such a large class, but it represents the growing significance of African ventures in YC’s universe. Since 2016, the Silicon Valley accelerator—that provides seed funds and mentorship for early stage startups—has backed 25 companies located in Africa and another 10 with an Africa product focus, according to YC spokesperson Linds...
Tags: Google, TC, Y Combinator, Business, UK, China, Nigeria, Africa, Tech, Spokesperson, Economy, Companies, United Kingdom, Healthcare, Silicon Valley, Tanzania


Asian markets mixed as investors look ahead to Fed report

BANGKOK (AP) — Shares were mixed in Asia on Wednesday ahead of the Federal Reserve’s policy statement. Fresh news on China-U.S. trade talks raised spirits, helping Chinese benchmarks to trim early losses. The Shanghai Composite was flat at 3,090.62 and Hong Kong’s Hang Seng fell 0.2 percent to 29,399.89. White House officials said Tuesday that […]
Tags: Asia, Hong Kong, Business, News, White House, China, Ap, Nation, Shanghai, Federal Reserve, Bangkok, Fed


Exclusive: Germany to create fund to foil foreign takeovers after China moves

Germany plans to pass legislation by the end of 2019 to create a state-owned fund that can protect key companies from takeovers by Chinese and other foreign firms, government sources said, in a marked shift from its "hands-off" approach to business.
Tags: Money, China, Germany, businessNews


Foreign investors turned net buyers of Asian bonds in February

Foreigners turned net buyers of Asian bonds in February, however the flows were uneven as political uncertainty in parts of the region dampened optimism that the United States and China were inching toward a trade deal.
Tags: Money, China, businessNews, United States


Plant protein startups vie to tap China’s hungry market

Start-ups specialising in alternative protein, from eggless eggs to pea-stuffed burgers and cell-grown fish products, are piling into the Chinese territory of Hong Kong to tap the mainland's booming multi-billion dollar food market.
Tags: Hong Kong, Money, China, businessNews


Desi Innovations: Not just jugaad, but these innovators are solving for themselves [Collection]

India is a land of innovation and while tech companies are still looking at West (and China) for inspiration, the innovators back home are solving for themselves. And in the process, they are creating some amazing products. We respect and bat for these innovators. In no particular order, here goes a collection which will inspire you to push more! The post Desi Innovations: Not just jugaad, but these innovators are solving for themselves [Collection] appeared first on NextBigWhat.
Tags: Business, China, India, Tech, West


Kiwi dollar eases amid snags in US-China trade talks

The New Zealand dollar eased a little, dragged down as falling interest rates hurt the Australian dollar and concerns persisted about snags in trade talks between the United States and China.The kiwi traded at 68.33 US cents at... [Author: [email protected]]
Tags: Business, China, US, United States, New Zealand, US China


Samsung Electronics sees green shoots in China smartphone business: co-CEO

Samsung Electronics Co Ltd said on Wednesday its new Galaxy flagship smartphones were selling well in China and it was confident it could reverse the recent slump in its fortunes in the world's biggest smartphone market.
Tags: Money, China, businessNews, Samsung Electronics, Samsung Electronics Co Ltd


Asian business sentiment lingers near three-year low as trade war drags: Thomson Reuters/INSEAD

Confidence among Asian companies held near three-year lows in the first quarter as a U.S.-China trade dispute dragged on, pulling down a global economy that is already on a downward path, a Thomson Reuters/INSEAD survey found.
Tags: Money, China, businessNews, Thomson Reuters INSEAD


China Authorizes Building Four New Nuclear Reactors and India Commits to Six

China announced plans to invest 81.2 billion yuan (US$12 billion) in four new nuclear reactors for the first time since 2016. CNNP’s reactors are planned in Zhangzhou city, Fujian province, while CGN... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tags: China, India, US, Innovation, Zhangzhou city Fujian province


Oil beats retreat from four-month high on fears for U.S.-China trade progress

Oil prices fell on Wednesday, retreating from a four-month high, as concerns that trade talks between the United States and China have stalled, stoking fears over the outlook for global economic growth.
Tags: Money, China, businessNews, United States


12 facts that show why bottled water is one of the biggest scams of the century

Nearly 780 million people worldwide do not have access to a source of clean water (water that flows through a household connection, borehole, well, or protected spring). In the US, 99.2% of the country has access to clean tap water, but many Americans chose to drink bottled water instead due to concerns about poor taste and contamination.  Bottled water and clean tap water are virtually identical in terms of purity and taste. In a 2011 study, only one-third of blind taste-testers could co...
Tags: China, US, Trends, Jackson, Albany, Flint Michigan, Boston Massachusetts, Saratoga Springs, Pacific Institute, Peter Gleick, Beverage Marketing Corp


Scrap foreign ownership caps, investor group tells China

An industry body representing global asset managers in Asia has urged China to lift foreign ownership caps in listed companies, two weeks after the restrictions disrupted overseas buying of a Chinese stock and just as foreign inflows are set to swell.
Tags: Asia, Money, China, businessNews


Tencent Music sinks after online-music revenue per user comes up short (TME)

Tencent Music Entertainment beat on both the top and bottom lines. Buts its m onthly average revenue per paying user for its online-music business fell 1% year-over-year. Shares were down more than 6% to $17.42 apiece after the announcement. Tuesday's report was Tencent Music's first since going public in the US in December. Watch Tencent Music Entertainment trade live. Tencent Music Entertainment, the biggest streaming-music service in China, reported better-than-expected earnings for t...
Tags: China, US, Trends, Bloomberg, Tencent Music Entertainment, Chinese IPO, Tencent Music


Top U.S. trade officials head to China next week for new trade talks

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks with Chinese Vice Premier Liu He, a Trump administration official said on Tuesday.
Tags: Money, China, businessNews, Treasury, Trump, Liu, U S Trade, Steven Mnuchin, Robert Lighthizer


Wall Street gives up gains on news of troubled trade talks

The benchmark S&P 500 index ended little changed on Tuesday as investor optimism regarding the Federal Reserve's expected affirmation of its dovish policy stance was offset by reports of fault lines emerging in ongoing U.S.-China trade negotiations.
Tags: Money, China, businessNews, Federal Reserve


Tencent Music beats in its first earnings release after going public (TME)

Tencent Music Entertainment beat on both the top and bottom lines. But shares are down 3% to $18.00 apiece after the announcement. It's Tencent Music's first earnings release since going public in the US in December. Watch Tencent Music Entertainment trade live. Tencent Music Entertainment, the biggest streaming-music service in China, reported better-than-expected earnings for the fourth quarter. But shares are down 3.07% to $18.00 apiece after the announcement. Here are the key numbe...
Tags: China, US, Trends, Bloomberg, Tencent Music Entertainment, Chinese IPO, Tencent Music


S&P little changed as trade worries offset optimism over Fed

The benchmark S&P 500 stock index ended little changed on Tuesday as investor optimism regarding the Federal Reserve's expected affirmation of its dovish policy stance was offset by reports of fault lines emerging in U.S.-China trade negotiations.
Tags: Money, China, businessNews, Federal Reserve, Fed


High-level US-China trade talks to resume next week

Top U.S. trade and economic officials will visit China late next week for another round of negotiations, a White House official says.
Tags: Finance, White House, China, Article, Associated Press, FBN, US China, Fbn/markets, Fox-business/markets, Fox-business/economic-indicators, Fox-business/features, Christopher Rugaber, 5eccd4b2-58f0-5d96-9f2f-a50c6beb7fe4


Trump says trade talks with China going 'very well'

President Donald Trump said on Tuesday that U.S. trade talks with China were going well as two top American officials reportedly plan a visit to China next week for a fresh round of talks.
Tags: Money, China, businessNews, Donald Trump, Trump


Here comes Tencent Music, China's biggest streaming-music service (TME)

Tencent Music Entertainment is set to report fourth-quarter financial results after Tuesday's closing bell. It will be Tencent Music's first earnings release since going public in the US in December. Watch Tencent Music Entertainment trade live. Tencent Music Entertainment, the biggest streaming-music service in China, is set to report fourth-quarter earnings after Tuesday's closing bell. Here's what analysts surveyed by Bloomberg are expecting: Adjusted earnings per share: $0.55  Reve...
Tags: China, US, Trends, Tesla, Bloomberg, Tencent Music Entertainment, Chinese IPO, Tencent Music, Tencent Music China


Tesla factory workers took twice as many days off last year than in 2017 because of injury or sickness (TSLA)

Workers at Tesla's auto plant spent twice as many days away from their jobs due to work-related injuries and illnesses, after adjusting for workforce growth, in 2018 than in 2017, Bloomberg reports, citing a report Tesla filed with the Occupational Safety and Health Administration. While the total number of injuries from Fremont employees increased by around 28%, the rate of injuries per hour worked was about the same as in 2017, according to Bloomberg. A Tesla representative told Business Ins...
Tags: Elon Musk, China, Trends, Tesla, Bloomberg, SEC, Fiat Chrysler, FREMONT, Shelby, OSHA, Occupational Safety and Health Administration, Ford General Motors, Fremont California, Occupational Safety and Health Administration OSHA, Bloomberg Tesla, Bloomberg Read


Hopes of accommodative Fed spur Wall Street to five-month highs

The S&P 500 and Nasdaq held at five-month highs on Tuesday as investors hoped the Federal Reserve would stick to its patient stance at the end of a two-day policy meeting this week, shrugging off mixed reports on the U.S.-China trade talks.
Tags: Money, China, businessNews, Federal Reserve, Fed


U.S.-China plan new trade talks for deal by end of April: WSJ

Top U.S. and China negotiators are planning new rounds of talks starting next week to end a trade dispute between the two nations, the Wall Street Journal reported on Tuesday.
Tags: Money, China, businessNews, WSJ


Only 3 Percent of US Retail Sales Completed Via Mobile Wallet

A new infographic from Expert Market has mapped out mobile wallet usage in 36 countries around the world. In the US, only 3% of retail sales were completed through a mobile wallet. The global penetration rate of this technology is still very low topping at 6%, except for one country. The one outlier in this report is China, which has a staggering 36% of the population using mobile wallet. This is nine times the global average of 4%. As consumers move away from cash, businesses have to implement...
Tags: Europe, UK, Australia, France, China, India, US, Sales, Spain, Canada, Netherlands, Brazil, Uae, Crossfield, Technology Trends, Americas Argentina


Nvidia is gaining ground ahead of its investor day (NVDA)

Nvidia is set to hold its annual investor event set at 11:30 AM ET on Tuesday. Nvidia's stock shed nearly half of its value from November to January after the chipmaker delivered disappointing third-quarter results and later cut its fourth-quarter revenue guidance. But shares recovered a bit as its fourth-quarter results topped Wall Street estimates and after it beat out Intel in the race for acquiring Mellanox Technologies. Watch Nvidia trade live. Nvidia jumped 3.44% to $174.73 apiece...
Tags: Facebook, China, Trends, Intel, Nvidia, Morningstar, Amazon Microsoft, NVDA, Markets Insider, Mellanox Technologies, Abhinav Davuluri, Mellanox Technologies Watch Nvidia, AM ET Nvidia, Davuluri


Everything we know about Ethiopian Airlines’ deadly crash of a Boeing 737 Max 8, the second disaster involving the plane in 5 months, and what Boeing is doing to ensure it never happens again (BA)

A Boeing 737 Max 8 operated by Ethiopian Airlines was the second such plane to crash in five months on Sunday, March 10.  No cause has been determined, but experts say there are many similarities to the Lion Air crash in October. Most countries — including the US, Europe, and China — have all grounded the plane.  Boeing says it will soon roll out software updates to fix a problem with how the plane flies.  Boeing's stock price, as well as shares of related companies, have taken major hits as t...
Tags: Facebook, Europe, France, China, US, Trends, Tesla, Customers, Chicago, United States, New York Times, Faa, Boeing, Canaccord Genuity, Airline, United Airlines


Indian traders burn Chinese goods in protest over blacklisting veto, trade

Hundreds of Indian traders burned Chinese goods on Tuesday and urged the government to raise import taxes on them to protest against China's trade and foreign policies.
Tags: Money, China, businessNews


Italy to join China initiative despite US objections

Italian Premier Giuseppe Conte has pledged to make Italy the first Group of Seven nation to join China's ambitious Belt and Road initiative despite objections from the United States and doubts within the governing coalition.
Tags: Milan, Finance, China, US, Article, United States, Italy, Associated Press, FBN, Fbn/markets, Fox-business/markets, Giuseppe Conte, 1a4c77e1-81f2-5f4c-ab1f-a5d2065f4bdb


Italy PM Conte seeks to reassure EU, U.S. over China deals

Italian Prime Minister Giuseppe Conte said on Tuesday that commercial and economic deals he will seal with China have no implications for Italy's geo-political position, in a bid to reassure the European Union and the United States.
Tags: Money, China, Eu, European Union, businessNews, Italy, Conte, Giuseppe Conte



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