One of world’s greatest hidden fortunes is wiped out in days - BNN Bloomberg

One of world’s greatest hidden fortunes is wiped out in days - BNN Bloomberg: From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes.

Friday, March 26, 2021

Intel CEO charts comeback on foundry model TSMC mastered - BNN Bloomberg

Intel CEO charts comeback on foundry model TSMC mastered - BNN Bloomberg: Intel Corp. unveiled a grand plan Tuesday to restore its past chipmaking glory. To succeed, new Chief Executive Officer Pat Gelsinger must embrace a strategy the old Intel never dreamed of: playing nice with rivals.

Tuesday, March 23, 2021

Fiery start to U.S.-China talks shows acrimony is here to stay - BNN Bloomberg

Fiery start to U.S.-China talks shows acrimony is here to stay - BNN Bloomberg: The first face-to-face meeting between the U.S. and China since President Joe Biden took office was bound to be confrontational. The question now is whether the two sides can find a way cooperate after unloading so many grievances in public.

Wednesday, March 17, 2021

More than three-quarters of CEOs confident about global economy in 2021: PwC survey - BNN Bloomberg

More than three-quarters of CEOs confident about global economy in 2021: PwC survey - BNN Bloomberg: A survey of more than 5,000 chief executives globally suggests record optimism about economic growth a year after the World Health Organization declared COVID-19 a global pandemic.

What we learned from China's biggest political meeting - BNN Bloomberg

What we learned from China's biggest political meeting - BNN Bloomberg: China’s highest-profile political meeting of the year concluded Thursday, with the government laying out economic plans to manage risks now that a recovery from the coronavirus pandemic is well underway.

Huawei to start demanding 5G royalties from smartphone giants - BNN Bloomberg

Huawei to start demanding 5G royalties from smartphone giants - BNN Bloomberg: Huawei Technologies Co. will begin charging mobile giants like Apple Inc. a “reasonable” fee for access to its trove of wireless 5G patents, potentially creating a lucrative revenue source by showcasing its global lead in next-generation networking.

The economy looks set to roar, and that worries investors - BNN Bloomberg

The economy looks set to roar, and that worries investors - BNN Bloomberg: Rising Treasury yields are roiling bond markets. But there’s little sign of inflation, and the economy has a lot of lost ground to make up.

Haunted by 2008, China and U.S. diverge on stimulus plans - BNN Bloomberg

Haunted by 2008, China and U.S. diverge on stimulus plans - BNN Bloomberg: The U.S. and China are pursuing divergent economic policies in the aftermath of the coronavirus recession in a role reversal from last time the world economy was recovering from a shock.