China’s youth are draining vigor from consumption as a result of deep job losses, a marked contrast with older people’s spending habits that have remained stable since the pandemic, according to a prominent Chinese economist. While China’s aging demographics could hold back the economy over the long haul, the elderly increasingly stand out for their … Read more
Glovo, a Spanish delivery app owned by Germany’s Delivery Hero, has bowed to pressure over labor rights in its home market. The company announced Monday it will hire around 15,000 riders — most of them are currently “self employed” according to Glovo. Per Reuters, the company also warned of a €100 million hit to earnings. … Read more
Ryan Gravenberch and Cody Gakpo celebrate for Liverpool (Photo by Carl Recine/Getty Images) Former Liverpool midfielder Dietmar Hamann has picked out two players who’ve been like new signings for the Reds this season. It seems Hamann is a big fan of both Ryan Gravenberch and Curtis Jones in the Liverpool midfield, with the pair undoubtedly … Read more
Years of war and a powerful earthquake had led to crushing poverty, displacement and breakdowns in services. But over the last several days, the region’s misery deepened.
The Rupee recovered all its losses, and was trading steady after banks sold Dollars, likely for the Reserve Bank of India, dealers said. Some dealers also cited foreign fund inflows as the reason for the Rupee’s rise. The Rupee had, earlier in the day, hit a record low of 84.77 to a Dollar. “The RBI … Read more
Virtual reality has come a long, long way since the days of Nintendo’s doomed Virtual Boy. The Meta Quest 3S just came out, Sony continues to offer support for the PS VR2 and there are a number of PC-connected VR headsets from HP, HTC, Vive and others. If you or someone you love has just … Read more
Paramount “Star Trek,” which a very progressive franchise in many respects, has always had something of a fraught relationship with queerness. Gay or lesbian characters weren’t wholly visible on the series, and dating couples tended to fall into the heteronormative. Near the end of his life in … Read more
An elite European side have held “new talks” to tie down one of their forwards with a brand-new contract, with Arsenal lurking in the background for his signature. Arsenal draw transfer shortlist as Mikel Arteta targets new winger The Gunners are back to their imperious best, winning their last three consecutive games by very convincing … Read more
Georgia has been locked in a political crisis since its contested October election, with tens of thousands of pro-EU protesters taking to the streets in recent days against the increasingly authoritarian Eurosceptic government. For in-depth analysis and a deeper perspective on Georgia’s Russian-friendly pivot away from the EU, FRANCE 24’s Eve Irvine is joined by … Read more
American Express (NYSE: AXP) is a top holding for Warren Buffett-led Berkshire Hathaway‘s massive equities portfolio. It has worked out well, especially recently, as shares of the card payment giant have risen 153% in the past five years (as of Nov. 26). With this financial stock trading in record territory, you might be wondering if … Read more