China is moving from Covid-zero but it won’t be a direct path

China is moving from Covid-zero but it won’t be a direct path

Passengers wait to board a train at Hongqiao railway station in Shanghai on December 6, 2022. Hector Retamal | afp | Getty Images BEIJING – As mainland China eases many of its strict Covid controls, analysts point out that the country is far from a quick return to a pre-pandemic situation. National authorities announced sweeping … Read more

China and Saudi Arabia have cemented their ties

China and Saudi Arabia have cemented their ties

Hello, Quartz readers! Here’s what you need to know China and Saudi Arabia have cemented ties. The country’s leaders met yesterday (December 8) in Riyadh e signed several agreements Included cloud computing and the internet agreement with Huawei. A massive fraud trial has begun in Germany. Former executives of payment company Wirecard are on trial … Read more

Chinese protests are new. Investment risks are not.

Chinese protests are new.  Investment risks are not.

Text size Police officers stand guard during a protest in Beijing, China on Monday, November 28, 2022. Recent developments have not reduced the risks investors face from authoritarianism, writes Perth Tolle. Bloomberg About the author: Perth Tolle is the founder of Life + Liberty Indexes and creator of the FRDM index. Last week we witnessed … Read more

How Disney could regain the trust of its lost conservative fans

How Disney could regain the trust of its lost conservative fans

Disney’s new CEO shocked the business world last week by admitting the company’s previous opposition to parental rights legislation in Florida was a mistake. During a town hall meeting with employees, new Disney CEO Bob Iger expressed to regret that his predecessor and would-be successor, Bob Chapek, positioned the company against legislation banning sexual orientation … Read more

China is moving from Covid-zero but it won’t be a direct path

Passengers wait to board a train at Hongqiao railway station in Shanghai on December 6, 2022. Hector Retamal | afp | Getty Images BEIJING – As mainland China eases many of its strict Covid controls, analysts point out that the country is far from a quick return to a pre-pandemic situation. National authorities announced sweeping … Read more

Withdrawals for 401(k) difficulties have hit an all-time high, says Vanguard

Thomas Barwick | Stone | Getty Images The share of retirees who took money out of a 401(k) plan to cover a financial hardship hit a record high in October, according to Vanguard Group data. This dynamic, when coupled with other factors such as rapidly increasing credit card balances and a declining personal savings rate, … Read more

How Russia’s oil price cap will change global energy markets

Text size The towers of the Linden gas-fired cogeneration plant, also known as the ‘Three Warm Brothers’, in Hanover, Germany. A European Union ban on seaborne imports of Russian oil went into effect on Monday. Krisztian Bocsi/Bloomberg About the author: Abishur Prakash is co-founder and geopolitical futurist of the Center for Innovating the Future, a … Read more

Chinese protests are new. Investment risks are not.

Text size Police officers stand guard during a protest in Beijing, China on Monday, November 28, 2022. Recent developments have not reduced the risks investors face from authoritarianism, writes Perth Tolle. Bloomberg About the author: Perth Tolle is the founder of Life + Liberty Indexes and creator of the FRDM index. Last week we witnessed … Read more

Some Chelsea residents received $400 a month, with no strings attached. Here’s what happened next.

“At some point we all came to the conclusion that there has to be a better way,” said Ambrosino. Get the pace of innovation Boston Globe tech reporters tell the story of the region’s technology industry and innovation, highlighting key players, trends and why they matter. Ambrosino was familiar with guaranteed income programs, an increasingly … Read more