Top Amazon exec says it’s a ‘myth’ robots steal jobs
Stefano La Rovere, director of global robotics at Amazon, said that, rather than replacing jobs, robotics and other technologies are enhancing people’s roles.
China remains crucial for U.S. chipmakers amid rising tensions between the world’s top two economies
Data from S&P Global shows that many U.S. chip giants generate a larger share of revenue from China compared with the U.S. despite increasing trade barriers.
Inside Lilium, the German company trying to revolutionize air travel
German aerospace company Lilium wants to revolutionize air travel by making it a zero-emission sector.
Israeli defense minister says a direct Iranian attack would require appropriate response
Israeli Defense Minister Yoav Gallant said on Thursday that Israel would respond directly to any attack by Iran.
China’s policy to boost demand by $700 billion will have a ‘bigger and bigger’ impact, official says
China’s latest policy to boost demand will soon have a greater effect on growth, a top official at the economic planning agency told reporters Thursday.
China has strong fundamentals and should remain a focus for businesses, Singapore trade minister says
China is facing economic headwinds in the near term, but Singapore trade and industry minister Gan Kim Yong believes in its long term prospects.
Asia markets mixed ahead of China trade data; Singapore first-quarter GDP expands 2.7%
Investors assessed economic data from Singapore and South Korea while awaiting China trade numbers.
Robotaxi regulators say Tesla hasn’t contacted them about plans teased by Musk
Elon Musk said this month he plans to unveil a Tesla robotaxi this summer, but California and Nevada regulators said Tesla hasn’t applied for two permits it would need.
Goldman Sachs just added stocks to its top Asian picks, giving one over 45% upside
Goldman Sachs’ analysts said the risk/reward of one Chinese stock looked “increasingly attractive.”
4 cheap stocks to buy and hold for the next decade, according to the pros
The pros share tips for picking cheap stocks that hold long-term promise.
