China stands a good chance of doubling the size of its economy by 2035 — and surpassing the U.S. as the world’s largest economy along the way, said an economist from the…
No avatar available for user with id .Tamta Jijavadze
Chinese £3,200 budget electric car takes on Tesla
A budget electric vehicle (EV) selling in China for $4,500 (£3,200) is now outselling Tesla’s more upmarket cars. The compact car is proving a big hit for state-owned SAIC Motor,…
Airbnb predicts 'significant' travel rebound
Online booking platform Airbnb has said it is preparing for a “significant” travel rebound as the world emerges from coronavirus lockdowns. However the company said it was still “too early”…
Moderna expects $18.4 billion in COVID-19 vaccine sales in 2021
Moderna Inc said on Thursday it was expecting sales of $18.4 billion from its coronavirus vaccine this year, putting it on the path to post a profit for the first…
Twitter plans to double revenue by 2023, teases new 'super follow' feature
Twitter Inc will launch new features and products at a faster pace to catch up with rivals, it said on Thursday, projecting a doubling in annual revenue and reaching a…
World Bank: Laws Still Restrict Women's Economic Opportunities Despite Progress, Study Finds
Countries are inching toward greater gender equality, but women around the world continue to face laws and regulations that restrict their economic opportunity, with the COVID-19 pandemic creating new challenges…
Goldman Sachs: Bank boss rejects work from home as the 'new normal'
Goldman Sachs boss David Solomon has rejected remote working as a “new normal” and has labeled it an “aberration” instead. Mr. Solomon said the investment bank had operated throughout 2020…
Saudi Wealth Fund Commits $3 Billion for Mountain Resort
Saudi Arabia’s sovereign wealth fund will invest almost $3 billion on a tourism project in a mountainous region near the kingdom’s border with Yemen. The Public Investment Fund will provide 11 billion…
Pfizer And Moderna To Dramatically Increase Covid-19 Vaccine Production This Spring
Covid-19 vaccine distribution rates in the U.S. are likely to accelerate in the coming months to potentially twice the amount now being administered, as vaccine manufacturers project substantial boosts in…
Huawei unveils flagship foldable smartphone for China market
Struggling under U.S. sanctions, Huawei unveiled a folding smartphone with an 8-inch (20-centimeter) -wide screen Monday to show off its tech prowess but said it will be sold only in…
Apple buys a company every three to four weeks
Apple has acquired about 100 companies over the last six years, the company’s chief executive Tim Cook has revealed. That works out at a company every three to four weeks,…
GEORGIA'S LEADERSHIP MUST DECIDE TO BE PART OF THE EURO-ATLANTIC COMMUNITY OR SLIP BACKWARD - FORMER US AMBASSADOR
Georgia may well be at a crossroads in its democratic development – Former US Ambassador to Georgia in 1998-2001 – Kenneth Yalowitz told BM.GE exclusively. Kenneth Yalowitz believes that the…
Asia’s top-performing economy in 2020 could grow even faster this year
Taiwan has upgraded its growth forecast for 2021, predicting the economy this year could expand at the fastest rate in seven years — thanks to global semiconductor demand boosting exports…
HSBC shifts focus from west to east as profits dive
HSBC has signalled its “pivot to Asia”, outlining plans to invest about $6bn (£4.3bn) in the region. It is targeting wealth management and commercial banking to drive “double-digit growth” and…
Spotify to expand into more than 80 new markets – Georgia is among them
Streaming platform Spotify is to launch in 85 new markets, bringing the service to more than a billion extra people. Georgia is among them. The announcement came via a livestreaming…
The iPhone just had a huge quarter
Surging iPhone sales in the final three months of 2020 pushed Apple ahead of Samsung as the world’s biggest smartphone maker, according to new research. The launch of the 5G iPhone…