Evergrande triggers fears over China economy

Evergrande triggers fears over China economy

Chinese company Evergrande has started to repay investors in its wealth management business with property, as the world’s most indebted real estate developer faces a key test this week, the BBC reported. Major banks have reportedly been told that they won’t receive interest payments on loans that are due Monday, while interest payments of $84m […]

Pre-orders for iPhone 13 outpace iPhone 12 in China

Pre-orders for iPhone 13 outpace iPhone 12 in China

 Customers in China have placed more than 2 million pre-orders for Apple’s iPhone 13 lineup, surpassing the number of iPhone 12 pre-orders in 2020, the media reported. According to AppleInsider, it is likely because of the void left by high-end Huawei handsets. Chinese customers have already placed more than 2 million pre-orders on retailer JD.com […]

Africa could miss 40% Covid vax target amid cutbacks

Africa could miss 40% Covid vax target amid cutbacks

The goal of vaccinating 40 per cent of Africa’s population against Covid-19 by December appears elusive as the continent grapples with cutbacks on doses supplied via multilateral platforms, a top World Health Organization (WHO) official said. In a statement on Thursday, Matshidiso Moeti, WHO Regional Director for Africa, said the continent faces a nearly 500 […]

Adidas launches first flagship store in India – The Home of Possibilities

Adidas launches first flagship store in India – The Home of Possibilities

Leading sportswear giant – adidas unveiled its first flagship store in India. Located in the heart of the national capital – Connaught Place, ‘The Home of Possibilities’ store is a blend of multiple digital touch points, sustainability zone and embodies the future of retail experience for consumers. Spread in 5,900 sq ft of retail area […]

iPhone 13 Pro to have max storage ever of 1TB

iPhone 13 Pro to have max storage ever of 1TB

Tech giant Apple is set to launch the iPhone 13 series on September 14 and now ahead of the official announcement, reputable analyst Ming-Chi Kuo has revealed the expected storage capacities for the iPhone 13 lineup. According to Kuo, the iPhone 13 lineup will start with 128GB of storage, with no 64GB option for any […]

US FDA bans sale of nearly a million flavoured e-cigarettes

US FDA bans sale of nearly a million flavoured e-cigarettes

The US Food and Drug Administration (FDA) has rejected more than 946,000 flavoured electronic nicotine delivery systems (ENDS) products, such as e-cigarettes and e-liquids, prohibiting them from being marketed or sold due to lack of sufficient evidence on health benefits. The decision comes after a year-long review of millions of e-cigarette-related products by the global […]

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