Norway’s sovereign wealth fund notches record $174bn loss August 17, 2022 Norway's sovereign wealth fund, the worlds’ largest, made a record loss of 1.68 trillion Norwegian crowns ($174bn) in the first half of the year as its investments were rocked by fears of a global recession and rampant inflation.
What Bitcoin u-turns mean for crypto August 17, 2022 Crypto AM columnist Nigel Green examines how some of the world's biggest opponents of crypto are changing their minds about digital assets.
Drought plagues supply chains as Toyota and Apple supplier Foxconn latest hit August 17, 2022 Toyota and Apple supplier Foxconn, among others in south west China, have paused their plant operations as drought continues to further jeopardise supply chains amid the pandemic. The Sichuan province announced today that it must suspend energy supplies to factories in several cities as drought hits its hydropower supply, the Financial Times first reported. The [...]
The case for real asset exposure August 16, 2022 Michael Ward of Hedgehog talks through how blockchain technology is assisting with the democratisation of real assets.
Big Tech outlier: Apple pushes for three day return to office policy August 16, 2022 Apple has called on employees to get back into office at least three days a week as the tech giant continues to defy work from home trends that dominate Silicon Valley.
The end of the bear? This time is different August 11, 2022 Dr Chris Kacher unveils the exciting possibilities that lie ahead in the crypto markets, but with one eye on the macro.
The over-hyped madness of the metaverse and the forgotten value of video August 11, 2022 The metaverse and Virtual Reality have had the weight of a number of large big technology companies behind it in the last year, spearheaded by the likes of Apple, Facebook, and Microsoft. Not only did the industry see its proliferation increase substantially over the pandemic, but the hype has yet to deter, particularly with speculation [...]
Apple supplier Foxconn ‘cautious’ about demand as inflations spreads August 10, 2022 Taiwanese Apple supplier Foxconn is “cautious” about upcoming demand, supply chains and operating performance, it’s chairman said today, as inflation spreads and tensions with China rise. Foxconn, also known as Hon Hai Technology Group, is one of the world’s biggest suppliers of semiconductors or computer chips. The Taiwanese tech giant hit a record half-year revenue [...]
Porsche Cayman GT4 RS review: street fighter August 9, 2022 Tim Pitt drives the Porsche Cayman GT4 RS – a factory hot rod with the 500hp flat-six from the 911 GT3. It could be the last of a dying breed.
Apple asks Taiwan suppliers to label products as ‘Made in China’ August 8, 2022 Apple yesterday asked Taiwan-based suppliers to use the ‘made in China’ label, as the firm reportedly wants products to comply with Bejing rule in a bid to avoid disruption from Chinese customs inspections. According to Nikkei, the company wants manufacturers on the island to label components bound for China as made in “Chinese Taipei” or [...]