Posts filtered by tags: Shanghai[x]


Health tech venture firm OTV closes new $170 million fund and expands into Asia

OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm also launched a new office in Shanghai, China to spearhead its growth in the Asia Pacific region. OTV currently has a total of 11 companies in its portfolio. This year, it led rounds in telehealth platforms TytoCare and Lemonaid Health, and its other investments include genomic machine learning platform Emedgene; m...
Tags: Fundings & Exits, Startups, TC, Asia, China, Israel, Tech, Beijing, Asia Pacific, Shanghai, Venture Capital, Health Tech, Digital Health, Shanghai China, OTV, Montreal Before

AutoX Becomes China's First To Remove Safety Drivers From Robotaxis

Residents of Shenzhen saw truly driverless cars on the road today. From a report: AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, deployed a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests on public roads without safety drivers or remote operators. The cars, meant as robotaxis, are not yet open to the public, an AutoX spokesperson told TechCrunch. The milestone came just five months after AutoX l...
Tags: California, China, Tech, Beijing, Shanghai, Baidu, Shenzhen, Suzhou, Waymo, Alibaba MediaTek, Shanghai Motors, Shenzhen Pony, Guangzhou Momenta

Van Bronckhorst quits after one season in China

Shanghai (AFP) – Former Barcelona and Arsenal star Giovanni van Bronckhorst quit on Thursday after one season as coach of Guangzhou R&F so he can return to his family. The former Dutch international’s spell in... Visit for the rest of the story.
Tags: China, Sport, Barcelona, Soccer, Arsenal, Shanghai, Afp, Guangzhou, Giovanni van Bronckhorst, van Bronckhorst

‘So angry’: Chinese football clubs ordered to change names

Shanghai (AFP) – Next season’s Chinese Super League will take on a new look after the 16 teams were told to drop the corporate part of their names, infuriating some fans. The Chinese Football Association... Visit for the rest of the story.
Tags: Sport, Soccer, Shanghai, Chinese Super League, Afp, Chinese Football Association Visit

Fan fury as Chinese football clubs told to change names

Shanghai (AFP) – Next season’s Chinese Super League will take on a new look after the 16 teams were told to drop the corporate part of their names, infuriating many fans. The Chinese Football Association... Visit for the rest of the story.
Tags: Sport, Soccer, Shanghai, Chinese Super League, Afp

AutoX becomes China’s first to remove safety drivers from robotaxis

Residents of Shenzhen will see truly driverless cars on the road starting Thursday. AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests without safety drivers or remote operators on public roads. The cars, meant as robotaxis, are not yet open to the public, an AutoX spokesperson told TechCrunch. The milestone came just five months a...
Tags: Transportation, Asia, California, China, Tech, Artificial Intelligence, Beijing, Automation, Shanghai, Alibaba, Self-driving Cars, Robotics, Shenzhen, Mediatek, Robotaxi, Momenta

SpaceX plans to race remote-controlled cars on the moon in 2021, and has drafted in a legendary Ferrari designer to help

SpaceX founder Elon Musk Kim Shiflett/NASA Elon Musk's SpaceX plans to launch vehicles designed by Frank Stephenson — of McLaren, Ferrari, and BMW fame — onto the Moon's surface for a remote-controlled car rally. The cars will be sent into space on a SpaceX Falcon 9 rocket in October 2021, SpaceX said. The vehicles will be partially designed, built, and raced by two teams of high-school students. Moon Mark, an entertainment and education company, is teaming up with aerospace companies Intu...
Tags: Spacex, Trends, Shanghai, Bmw, Buenos Aires, Falcon, Stephenson, SpaceX Falcon, StarLink, McLaren Ferrari, Frank Stephenson, Lunar Outpost, Nasa Elon Musk, Kate Duffy, Elon Musk Kim Shiflett, Moon Mark

Self-driving trucks startup TuSimple raises $350M from U.S. rail, retail and freight giants

Self-driving trucks startup TuSimple has closed a $350 million funding round from a diverse consortium of strategic investors that include major U.S. corporations in rail, retail and freight,  according to sources familiar with the deal.  The round, which was oversubscribed, was led by VectoIQ LLC, confirming a report by TechCrunch in September. VectoIQ is the consulting and investment company founded by Steve Girsky, the former GM vice chairman, consultant and investor whose special purpo...
Tags: Transportation, Texas, China, Tech, Beijing, Automotive, United States, Arizona, Shanghai, Gm, Autonomous Vehicles, Kroger, Phoenix, Tucson, Ike, Volkswagen AG

SCOTT GALLOWAY: Higher education needs an overhaul. Here are 9 changes that need to happen to make college worth it again.

An increasingly ugly secret of campus life is that a mix of helicopter parenting and social media has rendered many 18-year-olds unfit for college, writes Scott Galloway. Scott Galloway is a bestselling author, entrepreneur, and professor of marketing at NYU Stern. The following is an excerpt from his new book, "POST CORONA: From Crisis to Opportunity." In it, he explains how the pandemic has catalyzed a question American households have been afraid to ask: Is the traditional college exp...
Tags: Apple, Google, Amazon, Germany, Elizabeth Warren, US, America, Trends, Bank Of America, Netflix, Harvard, Yale, New York Times, Shanghai, Dubai, General Assembly

Global stocks edge lower despite the UK's approval of Pfizer and BioNTech's COVID-19 vaccine

Reuters / Brendan McDermid Global stocks edged lower on Wednesday despite the British government being the first to approve Pfizer and BioNTech's COVID-19 vaccine for use.London's FTSE 100 was about flat in early trade, but was still outperforming most other regional indices, even though chief EU Brexit negotiator Michel Barnier said a deal "hangs in the balance."Approval of a highly effective vaccine may mark the beginning of a new bull market for equities, a global market strategist said...
Tags: Asia, Hong Kong, Europe, Japan, UK, London, China, Germany, Global, US, Trends, Eu, Joe Biden, Cnn, New York Times, Hsbc

Shanghai’s Hulk lacks ‘right spirit’, says coach Pereira

Doha (AFP) – Shanghai SIPG coach Vitor Pereira said out-of-favour forward Hulk lacked the “right spirit” after a spat that may have brought the Brazil international’s time at the club to a bad-tempered close. Pereira... Visit for the rest of the story.
Tags: Sport, Soccer, Shanghai, Brazil, Hulk, Afp, Pereira, Vitor Pereira, Doha AFP Shanghai SIPG

United Airlines, American halt non-stop flights to Shanghai

The move follows reports of lengthy waits facing airline crews upon arrival, limited local accommodations and restrictions on their movement in China
Tags: Finance, Article, Shanghai, United Airlines, Reuters, FBN, Fbn/markets, Fox-business/markets/stocks, Fox-business/markets/china, Fox-business/lifestyle/travel, Fox-business/organization/american-airlines, Fox-business/organization/united-airlines, Df3759ba-2344-5f43-82d3-ab7dc8ffa90c

Volkswagen unveils 'Mission T' to catch up to Tesla — and has tapped a Porsche race-car engineer to help make it happen

FILE PHOTO: Volkswagen Group CEO Herbert Diess attends a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai Reuters Volkswagen's CEO is facing a vote of confidence from the automaker's board this week.  Herbert Diess has reportedly ruffled feathers internally as he pushed for corporate change and more investment in electric vehicles.  In a new blog post, he outlined how Volkswagen formed 'Mission T' to take on Tesla and electrify all its brands. Visit B...
Tags: Apple, Transportation, News, Trends, Tesla, Bloomberg, Vw, Porsche, Electric Vehicles, Shanghai, Volkswagen, Audi, Le Mans, Reuters, Volkswagen Group, Herbert Diess

China's factory activity hits quickest expansion in 10 years in November, driven by a burst in output and new orders

REUTERS/China Daily China's factory activity expanded at the fastest pace in ten years as the world's second-largest economy recorded higher output and new orders in November.Data released Tuesday showed manufacturing firms in China responded to an improvement in domestic demand, as growth in new export work was not as pronounced.China's upbeat activity boosted the rate of job creation to its fastest since May 2011."We expect the economic recovery in the post-epidemic era to continue for s...
Tags: Hong Kong, China, Trends, United States, Shanghai, Goldman Sachs, ESG, Rbc, Caixin Insight Group, IHS Markit, COVID, Wang Zhe, Shalini Nagarajan, REUTERS China Daily China

Global equities kick off December with a rally, as investors cheer economic data, vaccine progress

The workers are packing the goods as the shipment increase sharply during the double eleven festival TPG/Getty Images Global equity markets rallied after Chinese data showed factory activity boomed at a 10-year high in November, while progress in the rollout of a COVID-19 vaccine underpinned that optimism. US stock futures pointed to a higher start on Wall Street later, while cryptocurrencies rallied for a fourth day. "Vaccine optimism, impressive Chinese factory data and the prospect of c...
Tags: Asia, Europe, China, US, Trends, Opec, United States, Shanghai, Oman, Tokyo, Goldman Sachs, Pfizer, Seoul, ESG, Rbc, Petroleum Exporting Countries

What Hong Kong Disneyland and Disneyland Paris reclosures could mean for Disneyland

The on-again, off-again operations of Hong Kong Disneyland and Disneyland Paris could forecast future frustrations for Disneyland and its die-hard fans once California theme parks are allowed to reopen under state guidelines. The stop-start restrictions seen at Disney’s Asia and European theme parks could become the norm for Disneyland and Disney California Adventure as well once the Anaheim theme parks eventually reopen. Hong Kong Disneyland has been forced to reclose again after a spike in cor...
Tags: Asia, Hong Kong, Europe, California, France, Disney, Sport, Things To Do, Soccer, Netherlands, Shanghai, Amusement Parks, Disneyland, Orange County, Disneyland Paris, Gavin Newsom

Ant Group's record-shattering IPO is highly unlikely to get done in 2021, a new report says

Zhang Peng/LightRocket via Getty Images The chances of an Ant Group initial public offering in 2021 look decreasingly likely as China looks to overhaul rules and regulations related to the fintech industry, according to a new Bloomberg report.The delayed public debut of Ant Group would be a blow to investors who were poised to benefit from what was supposed to be the largest IPO ever, including Alibaba.Alibaba, which owns a third of Ant Group, fell as much as 5% on Monday.Visit Business In...
Tags: Hong Kong, China, Ipo, Trends, Markets, Bloomberg, IPOs, Shanghai, Alibaba, Goldman, Jack Ma, IPO market, Rbc, Alibaba Alibaba, IPO Alibaba, Matthew Fox

Tesla surges 4% to record high amid approval from China to sell its Model Y SUV

Attila Kisbenedek/AFP via Getty Images Tesla's stock hit a record high on Monday amid a report from Reuters that the electric vehicle company gained approval from China to sell its Model Y SUV in the country.Tesla has built up its manufacturing capabilities in Shanghai to produce the Model Y SUV.The company already sells its Model 3 in the country, and sold 13,000 vehicles in the country last month.Visit Business Insider's homepage for more stories.Tesla surged to record highs on Monday fo...
Tags: Europe, China, Trends, Markets, Tesla, Shanghai, Stocks, Stock Market, Goldman, Reuters, Model Y, Matthew Fox, Reuters Tesla, Tesla Stock, Tesla Model Y, Attila Kisbenedek

European shares retreat as caution over the economic outlook resurfaces after the biggest ever monthly rally

The Bull and Bear sculptures outside the Frankfurt Stock Exchange Xinhua/Getty Images European shares eased, but would still likely post their biggest monthly increase on record in November, buoyed by optimism over the economic outlook from the rollout of a COVID-19 vaccine. Market-based signs of investor nervousness, including falling government bond yields and a rise in volatility, pointed to a degree of caution over the coming weeks. "Even with so many very positive signs on vaccines, i...
Tags: Asia, Europe, UK, US, Trends, Opec, United States, Shanghai, European Commission, Tokyo, Boris Johnson, US Treasury, Pfizer, Morgan Stanley, Goldman, ESG

Stocks trade higher, shrugging off AstraZeneca vaccine concerns, while traders take profit in oil and Bitcoin

Traders work on the trading floor of the Frankfurt Stock Exchange. Thomas Lohnes/Getty Images European shares rose but caution prevailed after hitch in AstraZeneca's COVID-19 vaccine trial. Bitcoin hits profit-taking after massive rally this week – a fall below $16,000 risks "FOMO destruction," one analyst said. Oil eases below this week's high as wariness over the demand outlook resurfaces. Visit Business Insider's homepage for more stories. European shares traded cautiously higher on Fri...
Tags: Europe, UK, England, France, White House, Germany, US, Trends, Spain, Joe Biden, Frankfurt, Bitcoin, Paris, Shanghai, Deutsche Bank, Astrazeneca

Alibaba vies for a piece of China’s booming EV market

There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of age. State-owned automaker SAIC Motor, a major player in China, unveiled this week a new electric vehicle arm called Zhiji, in which Alibaba and a Shanghai government-backed entity are minority shareholders. The ti...
Tags: TC, Transportation, Electric Vehicle, Asia, China, Tech, Tesla, Shanghai, Alibaba, Tencent, Bmw, Baidu, Audi, Huawei, Smart Cars, State

Covid 19 coronavirus: Air New Zealand, Ministry of Health investigating case on Shanghai mission

Air New Zealand says it's possible a crew member who tested positive for Covid-19 in Shanghai may have contracted it while in the Chinese city a week earlier.The cabin crew member tested positive in during screening at Shanghai's... [Author: [email protected]]
Tags: Business, Shanghai, New Zealand, COVID, Air New Zealand Ministry of Health

Coronavirus: Shanghai rises to become world's most connected city

London has been dethroned from top spot as the coronavirus pandemic reverses "a century of progress".
Tags: London, News, Shanghai

Hundreds of flights cancelled as Shanghai tackles virus outbreak

Hundreds of flights cancelled as Shanghai tackles virus outbreak
Tags: Shanghai

US stock futures point higher after Dow broke 30,000 as investors cheer vaccines, Biden's new administration

A man rides the Wall street bull near the New York Stock Exchange. Spencer Platt/Getty Images US stock futures point to a modestly higher start to trade later, after the Dow Jones crossed 30,000 for the first time on Tuesday, lifted by optimism over a vaccine and Biden's picks for his administration. European markets encountered some profit-taking, nudging the FTSE 100 and the DAX down by around 0.2%, while oil prices extended this week's rally, rising for a fourth day to their highest sin...
Tags: Senate, US, Trends, Joe Biden, Shanghai, Treasury, Mitch McConnell, Brent, Janet Yellen, Federal Reserve, Biden, Donald Trump, Seoul, Dow Jones, Dow, Yellen

10 things in tech you need to know today

BRENDAN SMIALOWSKI/AFP via Getty Images Good morning! This is the tech news you need to know this Wednesday. Sign up here to get this email in your inbox every morning.Have an Amazon Alexa device? Listen to this update by searching "Business Insider" in your flash briefing settings.And for the biggest stories in politics, sign up here for 10 Things in Politics You Need to Know Today — launching soon!Facebook briefly prioritized established news sites. In the days after the US election, Fac...
Tags: Facebook, Mark Zuckerberg, Europe, Elon Musk, China, US, Trends, Tesla, Joe Biden, Shanghai, Greenpeace, Nordic, David Barrett, Donald Trump Jr, Amazon Alexa, Bloomberg Billionaires Index

Architects are designing the airports of the future as the coronavirus pandemic forces new thinking on how we travel - take a look

Airports are due for an overhaul in the post-pandemic world as travelers demand a better focus on health and safety. Gensler; Samantha Lee/Business Insider The coronavirus pandemic is encouraging architects to imagine the airports of the future as the downturn is opening new opportunities for the industry.  Fentress Architects held a contest among university students to design next-generation airports while Gensler designed an open-concept alternative to the iconic Washington Dulles Intern...
Tags: Transportation, New York, London, Airports, Air Travel, India, US, Trends, Features, Chicago, Flying, Shanghai, Heathrow, Gatwick, Tokyo, Venice

Shanghai's airport — the 11th-busiest in the world — ringfenced 17,700 employees for COVID-19 testing after finding 5 positive cases linked to the cargo unit

Airport staff wait for COVID-19 tests at a parking lot at the Shanghai Pudong International Airport on November 23, 2020. AP Photo Shanghai Pudong International Airport ringfenced more than 17,700 staff to test them for COVID-19 after discovering five cases linked to the cargo unit, according to multiple reports. A number of videos appeared to show hundreds of airport workers pushing and shoving, as medical personnel in protective suits tried to keep them in order. The drive began at 3 p.m...
Tags: Transportation, Science, China, Trends, UPS, Beijing, News UK, Shanghai, Airport, The Washington Post, Wuhan, Afp, Agence France Presse, Qingdao, South China Morning Post, Global Times

Foxconn Plant Championed By Trump Lands Google Server Contract

Foxconn plans to assemble key components for Google servers from its plant in Wisconsin, people familiar with the matter said, finally breathing life into a factory Donald Trump hailed as crucial to bringing manufacturing back to the U.S. Bloomberg reports: The Taiwanese company has decided to locate production for this new contract at the existing complex rather than make the components at home or in China, the people said, asking not to be identified discussing a sensitive move. The under-util...
Tags: Google, Washington, China, Tech, Taiwan, Shanghai, Wisconsin, Donald Trump, Foxconn, Intel Corp, U S Bloomberg, Foxconn Industrial Internet Co, Trump Lands Google, Beijing Foxconn

Jessica Chastain’s ‘The 355’ Gets Pushed Back to 2022

The 355 will have to wait another 365 days to hit theaters. Universal’s spy thriller The 355, which stars Jessica Chastain, Lupita Nyong’o, Penelope Cruz, and Diane Kruger, has been pushed back a year, setting its new release date in January 2022. The 355 is the latest film to vacate the winter release calendar amid surging coronavirus (COVID-19) cases. Variety reports that Universal has delayed The 355 release date by a year, pushing back the female-led heist thriller from its initial Janua...
Tags: Jessica Chastain, Hollywood, Movies, Amc, Disney, Tom Hanks, Morocco, Paris, Shanghai, Universal, Cia, Penélope Cruz, Cannes, Variety, Mason, Diane Kruger