New York City is becoming a boomtown for the robot business as companies are developing and using them to provide massages, install roof shingles, automate medical testing and much more. “New York benefits from being a global city… we have access to global capital customers in other cities,” said Jacob Hennessy, who runs the New…
WASHINGTON (AP) — The U.S. House this week approved a sweeping package of bills to counter China’s influence, shoring up a largely bipartisan push to ensure America comes out ahead in the competition between the world’s superpowers. The efforts would ban Chinese-made drones, limit China-linked biotech companies from access to the U.S. market, strengthen sanctions…
The Microsoft founder is ramping up his investments in nuclear power. Halil Sagirkaya/Anadolu via Getty Images Despite the decades-long efforts of scientists around the world, the commercialization of nuclear fusion technology has not yet been achieved on Earth. However, Bill Gates, who has invested significantly in both nuclear fission and fusion startups, is betting on…
Hi, it’s Will Davies in Hong Kong, where our reporters have been tracking what is set to be the biggest listing by a Chinese company in two years—providing a nice boost to the city’s IPO market. Also today, private equity’s favorite borrowing tool sparks fresh scrutiny. Today’s top stories Home appliance maker Midea Group is…
Hong Kong’s Cathay Pacific Airways cancelled 32 flights to and from destinations in the region Tuesday a day after it was forced to ground its entire fleet of 48 Airbus A350s when a part in the Rolls Royce engine of one aircraft failed a short while into a flight to Zurich. File Photo by John…