China’s World-Beating Growth Rate of...3.2%
[Investing]
2020/07/19 09:05
Its economic rebound is impressive but uneven.AT THE START of the year no one would have predicted that China would crow about such slow growth by its lofty standards. Yet on July 16th it proudly reported that GDP grew by 3.2% in the second quarter compared with a year ago, rebounding from its coronavirus lockdown. This makes it, by far, the best-performing big economy.Sceptics question the dat...
Solid Shampoo Bars are as Gentle on Hair as They are on the Planet - HiBars
[Product]
2020/07/19 09:04
With zero chemicals or harmful ingredients and all-cardboard packaging, the products are a great investment for a waste-free bath.Ergonomic, egg-shaped shampoo bar HiBar is quickly becoming the ‘mane’ talk of the haircare world. Their solid shampoo uses a fully-sulfate, phthalate, paraben and silicone-free formula with all-natural, non-toxic hair-nourishing ingredients only. HiBar also provid...
The Passerella Concept - Historic Milan Tram for a Post-Covid World
[Design]
2020/07/19 09:03
Italian architect Arturo Tedeschi has designed a tram concept for the city of Milan called Passerella, which is equipped with discreet social distancing solutions.Designed as a modern take on the classic ATM Class 1500 tram, which was first introduced to the city in 1929, the Passerella reinterprets the style and proportions of the first model numbered 1503.Along with updating its form, Tedesch...
South Korea Unleashes New Property Curbs Amid Soaring Prices
[Investing]
2020/07/16 09:10
New measures come as property woes drag Moon approval rating. Tax burden to rise for multiple-home owners, Hong says.South Korea’s government said it will raise property taxes for multiple-home owners, marking the latest action to curb excessive house price gains that have fueled public discontent over inequality and property speculation.In a Friday statement, Finance Minister Hong Nam-ki apol...
(Video) These $26 Million Robot Dolphins May Be the Future of Aquariums
[Business]
2020/07/16 09:09
While going to the aquarium is a great way to learn about sea creatures, some have raised concerns about the animals’ quality of life. But one company in New Zealand has a very unique solution.Edge Innovations, a company in New Zealand, is working with some of Hollywood’s best animatronic effect creators to make robotic dolphins that will be nearly indistinguishable from real-life animals, Th...
(PDF) Mckinsey - Why Shared Mobility is Poised to Make a Comeback After the Crisis
[Business]
2020/07/16 09:08
In a pandemic, passengers are wary of shared mobility. However, insights gleaned from our new global auto consumer survey can help pave the way toward a strong recovery—if done right.Within a matter of months, the global coronavirus pandemic has disrupted economies and afflicted millions of patients around the world. With many governments instituting lockdown measures, people practicing physic...
Abacus.ai, Founded by Amazon and Google Alums, Raises $13M to Match Projects with AI Models
[Investing]
2020/07/16 09:07
AI startup Abacus.ai today announced the close of a $13 million series A round for its cloud platform for AI services. The company was founded last year by a team with experience scaling AI projects at AWS and Google,Including BigQuery cocreator Siddartha Naidu, former AWS manager of AI vertical services Bindu Reddy, and former Uber engineer Arvind Sundararajan. The company also announced today...
How Big is China’s Economy ? Let the Big Mac Decide
[Investing]
2020/07/16 09:06
Our index reckons China’s economy is bigger than the World Bank thinks.AMERICA'S ECONOMY did not exceed China in size until the 1880s, according to the Maddison Project at the University of Groningen. The two now rival each other again. Because China’s workers are 4.7 times as numerous as America’s, they need be only a fraction as productive to surpass America’s output. No fewer than 53 cou...
The Wealthy Are Leaving Cities For Good
[Consumer]
2020/07/16 09:05
Nearly half of wealthy individuals may move out of cities permanently, according to a new study on lasting life changes after coronavirus.In a survey of 3,750 wealthy investors, "forty-six percent may forsake cities for less populated areas," says UBS, a Swiss bank which conducted the poll.It is just one of the ways in which the wealthy are looking to change their lives for good. Around three q...