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As Shanghai remains locked down amid China’s biggest Covid-19 outbreak, residents are taking to social media to vent about a shortage of food or they're bartering with neighbors.
Africa’s tech startups raised a record $5 billion in 2021 as investors piled into firms trying to fix the continent's thorniest problems. But money isn't flowing evenly.
At Austin, Texas-based Moment Motor Co., beloved vintage cars from Porsches to DeLoreans are converted into electric vehicles, making them cleaner and more reliable while retaining their classic feel
The U.S. dollar is the most powerful currency that exists today. Yet, analysts have been warning the dollar’s impending doom since its original rise to prominence in 1971.
This two-legged chair has been famous for almost 100 years.
When it comes to green manufacturing, China is now a clean-energy powerhouse.
It was supposed to be the future of housing. What went wrong?
FedEx, UPS and Amazon make deliveries on behalf of retailers advertising “free” shipping. But, none of those packages are being shipped for free.
The Roadster was Tesla’s first car. And with only 2,450 made and an estimated 1,500 left, it’s an endangered species.
Chinese scientists are studying rocks brought back from the moon for a glimpse into the vast resources that could be mined one day and used on Earth.
Gasoline prices rose to record highs in the United States after Russia invaded Ukraine. But the U.S. is the largest oil producer in the world and imports very little petroleum from Russia.
Hong Kong, which has faced a record surge in Covid-19 cases and the world’s highest death rate, has been under strict restrictions. WSJ reports on how everyday life has changed in the city.
In a Dutch factory, there’s a revolutionary chipmaking machine the whole world has come to rely on.
Mandates around the globe are ending, but don’t throw out your masks yet.
It's been two years since Covid-19 crept across the globe, battered the U.S. economy and wreaked havoc on health-care systems unprepared to defend themselves against the novel pathogen.
Deicing an aircraft is a coordinated effort, involving multiple steps and a race against the clock. A United Airlines deicing expert explains the process and why it’s critical to keeping planes moving
Crash test dummies are meant to mimic human bodies in crashes, and show where cars need to be made safer.
The United States is experiencing a shortage in rubber, sand and people. Rubber is a critical raw material needed for car tires, personal protective equipment such as masks and gloves, and more.
China, the world’s biggest polluter, has committed to reach net zero emissions by 2060, an ambitious goal matched by enormous investments that are reshaping the nation’s energy system.
182 metres tall and decorated with 12,000 uniquely-crafted bronze panels, India’s 50-storey Statue Of Unity is a triumph of aesthetics and engineering.
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“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
Deloitte Global Retail Outlook 2024
After a prolonged period of suppressed consumer spending, macroeconomic and geopolitical uncertainty, and rapid changes in consumer behavior (among other things), the global retail industry stands at a crossroads; forced to make decisions about long term investments in new technology and business models while at the same time managing the rising cost of doing business and a decline in the spending power of consumers. - From Deloitte Insights Read more
The World's Top Flight Routes by Revenue
In 2024, a record 4.7 billion people are projected to travel by air—200 million more than in 2019. While revenues surged to an estimated $896 billion globally last year, airlines face extremely slim margins. On average, they made just $5.44 in net profit per passenger in 2023. Today, the industry faces pressures from high interest rates, supply chain woes, and steep infrastructure costs. - From Visual Capitalist
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
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