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Owning a car will soon be a thing of the past

          To put it another way: after a century in which the car has sat at the heart of industrial civilisation, the age of the automobile – of mass vehicle ownership, and the idea (in the western world at least) that life is not complete without your own set of wheels […]

Asia Breaking News Business

China pledges to support Africa’s industrialisation, food security.

In line with its vision to invest and expand in Africa, China has pledged to support the continent’s industrialisation, food security, health system and employment. “China is ready to help Africa resolve three fundamental issues of employment, food and health by developing self-sustainable system of industrialisation, food security, and disease prevention and control system,” said […]

Business Financial Technology

Bitcoin is still sliding after Thursday’s wipeout

Digital currency Bitcoin continues to fall against the dollar on Friday, following a 16% collapse in its value on Thursday. Bitcoin began sliding on Thursday after Chinese media reported that the country’s regulators were moving closer to shutting down exchanges. Business Insider first reported that China was looking at a crackdown on all cryptocurrencies after the People’s Bank of China […]

Business Technology

Rolls-Royce has designed a completely autonomous naval ship

Autonomous ships could cut lives lost at sea, but is it safe to give AI access to the navy? Not content with its tech-filled Phantom, Rolls-Royce has announced it has plans to make a 60-metre-long truly autonomous navy ship. Packed with sophisticated sensors, artificial intelligence and “advanced propulsion” technology, Rolls-Royce aims to sell to the world’s […]

Business Financial

In China’s Hinterlands, Workers Mine Bitcoin for a Digital Fortune

One of the largest sources of Bitcoin can be found in the grasslands of Inner Mongolia, despite Chinese skepticism over its potential for risk. DALAD BANNER, China — They worked as factory hands, in the coal business and as farmers. Their spirits rose when a coal boom promised to bring factories and jobs to this land […]