Hundreds of thousands of motorbike taxi drivers in Rwanda will be able to change petrol motorbikes into electric cars Bloomberg reported that the Rwandan government has partnered with a local company, Rwandan Electric Mobility, to deploy electric scooters in the country’s capital, Kigali. Rwanda has a population of more than 12.6 million people living in an area of ​​26,338 square kilometers, and is the most densely populated country in Africa. The motorbike taxi industry, motorbike taxi service, or delivery is a popular method of transportation and delivery in this country, thanks to its affordable prices and access to all corners of the country. Therefore, the initiative to convert gasoline-powered motorbikes that are nearing the end of their service life to electric ones, will help about 100,000 current motorbike owners to have new and zero-emission vehicles. This move not only reduces the overall carbon footprint but also effectively extends the life of these vehicles. It also greatly reduces maintenance costs, car owners don’t need to worry about oil changes and refueling their vehicles. To launch the project, the Rwanda Environmental Management Agency (REMA) signed a contract with Rwandan Electric Mobility, and technical and financial support from the United Nations Development Program (UNDP) was also secured to promote the project. project progress. The trial phase, which is expected to last for 6 months, will convert about 30,000 motorbike taxis currently using gasoline engines to electric motorbikes.

The newest Beats member shows the direction of Apple for its two line of headphones. Studio Buds are cheaper and more compatible than AirPods. It can be charged via the universal USB C connection instead of the proprietary Lightning charging port. It also has its own Android app for those outside the iOS ecosystem. If AirPods are intended to complement and enhance the experience of using iPhone, iPad, and Mac, Beats products are aimed at a larger, more diverse market. Apple wants to turn AirPods into a more premium product when it introduces the AirPods Max hooded headset, equipped with the Spatial Audio feature to increase the difference. Beats Studio Buds allows Android users to see the exact amount of battery on each headset as well as the included charging case. The headset can also be controlled using the Google Assistant. The accessory’s minimalist design also marks a change for Apple. According to testing by Bloomberg, the compact design of the headset makes it comfortable to wear for a long time. It has a noise reduction mode, which is not too effective when listening on a noisy street, but also supports the user experience. The headset battery lasts 8 hours on a single charge, but only when noise cancellation is not activated. Beats Studio Buds for ordering now and starting to ship from June 24. The headset has three colors red, black and white, priced at 3.44 million. Du Lam (According to Bloomberg)

A factory worker in Ciudad Juarez, Mexico injects a Pfizer-BioNTech COVID-19 vaccine on a bus. Photo: Reuters A man injects a COVID-19 vaccine at a movie theater in San Juan City, Philippines. Photo: Reuters The American Museum of Natural History in New York was requisitioned as a place for the COVID-19 vaccine. Photo: Reuters A young man goes to an amusement park in Almaty, Kazakhstan to get a COVID-19 vaccine. Currently, Kazakhstan uses a self-made vaccine called QazVac. Photo: Reuters Spaniards wait in front of Barcelona’s Nou Camp stadium to receive a COVID-19 vaccine. Photo: Reuters This woman getting a COVID-19 vaccine in Tel Aviv (Israel) will receive a free drink at the bar. Photo: Reuters Thai people inject COVID-19 vaccine at Suvarnabhumi airport in Bangkok. Photo: Reuters A COVID-19 vaccination site was erected in a subway station in New York (USA). Photo: Reuters People queue to get vaccinated against COVID-19 at a mobile bus in London (UK). Photo: Reuters

The German government remains committed to completing the Nord Stream 2 project despite strong objections from Washington. Photo: AP According to Bloomberg, Foreign Minister Maas affirmed that it is too early to conclude that the US will not impose additional sanctions against the Nord Stream 2 project. Maas emphasized, in fact, in US politics, neither Democrats nor Republicans have a positive view of the gas pipeline from Russia to Germany. However, Minister Maas expects that the gas cooperation project between Moscow and Berlin will no longer be a conflict in US-German relations. The US has repeatedly voiced its objections and continuously put pressure on the implementation of the Russian gas project. Most recently, Washington imposed sanctions on 13 Russian ships and 3 companies related to the project, but lifted sanctions on Nord Stream 2 AG – the company operating the Stream project. The North 2, and CEO Matthias Warnig. Speaking at a press conference on May 19, Foreign Minister Maas said the US decision was “a constructive step”, and affirmed that Berlin would continue to dialogue with its partners in Washington. The German government remains committed to completing the Nord Stream 2 project despite strong objections from Washington, and asserts that this pipeline will help ensure Europe’s energy security and is completely a economic project. In a related development, Russian President Vladimir Putin on June 4 said that the Nord Stream 2 project is ready to transport natural gas from Russia to Germany.

New Zealand has the most expensive housing market in the world. (Source: stuff.co.nz) According to Bloomberg Economics, real estate prices around the world is exploding strongly, from which the warning will form a real estate bubble unprecedented since the 2008 financial crisis. Based on the key indicators used in Bloomberg Economics’ calculations, New Zealand, Canada and Sweden are ranked as the top countries, respectively. Expensive housing market best of the world. Meanwhile, the UK and US are also near the top of the risk charts. Bloomberg Economics economist Niraj Shah says there are multiple factors contributing to the rise in home prices to unprecedented levels worldwide, including record low interest rates, massive fiscal stimulus packages, and massive bailouts. Backup savings can serve as a down payment, limited housing stock and expectations of a strong recovery in the global economy. Besides, the trend of working from home to avoid infection COVID-19 causing more people to need more living space and many governments giving tax incentives to homebuyers also increase the demand to buy houses. According to calculations by Bloomberg Economics, the ratio of price to rent and price to income will help assess the sustainability of housing price increases. Bloomberg Economics analyzes that even as risk indicators rise, with interest rates remaining low, lending standards generally higher than before, and macro-prudential policies in place, the cause led to the real estate market collapse is not clear. Mr. Shah said that in the coming period, it is likely that the real estate market will witness a cooling, not a collapse. As interest rates start to rise and other measures are put in place to protect financial stability, the property market will face an “important test,” Shah said.

Vehicles move on the street in Wellington, New Zealand. (Photo: THX/VNA) It is no coincidence that New Zealand consistently tops the rankings of both Bloomberg and Australia’s Lowy Institute for COVID-19 response. At the end of 2020, Bloomberg ranked New Zealand as the country with the best overall response in the world to the pandemic. In May 2021, the country in Oceania continued to hold the top spot in Bloomberg’s ranking, despite the rate vaccination against COVID-19 in New Zealand is still quite low, 4.8% of the population, while this index of Singapore, the second ranked country, is up to 29.9%. It is worth mentioning that from October 2020 to May 2021, only in April, New Zealand “gives” this top position to Singapore. Over the past three months, New Zealand has not recorded any more cases of infection in the community. Since the discovery of the first COVID-19 patient on February 28, 2020, this Pacific island nation has had a total of 2,681 cases, of which 17 are being treated, 26 have died and 2,638 who recovered. Life has almost returned to normal for the Kiwi Country’s 5 million people. Authorities lifted restrictions on people and economic activity in the country, but mostly closed borders to prevent the virus from entering the country. When assessing New Zealand as the world’s leader in COVID-19 response, experts agreed that the country had taken the most decisive, quick and effective measures to handle the pandemic, with the least impact. to economic and social activity. To achieve this, Prime Minister Jacinda Ardern’s government, with the support of the people and business community, has adopted a strategy of “going ahead and going strong.” New Zealand’s anti-epidemic model is basically prevent the virus from entering foreign countries, purchase equipment to protect essential workers, strengthen testing, contact tracing, isolating cases and above all implementing blockade and social distancing society to cut off the chain of infection.The “secret” of this country can be summed up in six words: drastic-timely-synchronous. Immediately after the World Health Organization (WHO) announced the SARS-CoV-2 virus as a global health emergency, New Zealand on February 2, 2020 decided to ban the entry via air of foreign nationals. All passengers arriving from China, while New Zealand citizens and arrivals from other countries must self-isolate for 14 days. On March 25, when the number of cases in the country was about 200, New Zealand quickly declared a national emergency and Close the border Although the country’s economy is heavily dependent on tourism. Foreigners entering by air and sea must be tested and isolated at a designated facility. With this step, New Zealand has “locked” the door to the virus entering from abroad. The New Zealand government also urgently establishes a national system to directly register personal protective equipment to identify all equipment manufacturers capable of supporting the fight against the epidemic. Many domestic enterprises have responded and increased domestic production or cooperated with foreign companies to find sources to buy masks, hand sanitizer, face shields and medical gowns. The government is also promoting the establishment of a public-private joint venture to purchase test kits and reagents (chemicals for testing the SARS-CoV-2 virus) from various suppliers. While many countries are also looking to buy these medical items when supplies are scarce, New Zealand has achieved a higher test rate than developed countries like the US or South Korea at the same time, with about 2,200 tested per 100,000 population by mid-May 2020. For contact tracing, New Zealand using both “low technology” and high technology to identify and test all close contacts of COVID-19 patients for 14 days. The primary method of tracing is that officials ask each COVID-19 patient to identify their close contact. In addition, the “NZ COVID Tracer” smartphone application for tracing virus infections was deployed simultaneously. People wear masks to prevent the spread of COVID-19 in Auckland, New Zealand, February 14, 2021. (Photo: THX/VNA) New Zealand has stopped, not just mitigated, the spread of the disease in the community thanks to the rapid adoption of very strong measures. On March 25, 2020, just three days after confirming a domestic infection, authorities implemented a nationwide blockade measure. This is one of the countries applying the strictest blockade order in the world. Although New Zealanders have a high sense of self-discipline, the police still encourage citizens to report violators of epidemic prevention regulations. In just a few weeks, police received more than 336 reports of violations. New Zealand’s disease chart in the first wave of infections last year has demonstrated the effectiveness of anti-epidemic measures. The number of new cases per day began to decrease significantly from 89 cases / day on April 5 to only 9 cases / day two weeks later. On April 27, the government began easing the blockade order, although it still imposed some distancing measures. On May 13, New Zealand did not record any new cases, so on June 8, the government completely lifted the blockade order. During the outbreaks of re-emergence in Auckland city in August 2020 and February 2021, authorities immediately took drastic measures. For example, on February 14, New Zealand locked down Auckland, the largest city in the country to prevent the COVID-19 epidemic after recording three new infections in the community on the same day. Meanwhile, the remaining localities apply level 2 restrictive measures. When the outbreak in the community is extinguished, restrictive measures are also eased step by step with extreme caution. One highlight of New Zealand’s anti-epidemic work is the application of technology. New Zealand was one of the first developed countries to use a smartphone app to track infections. In April, the country also launched a trial of a surveillance “elarm” application to detect the SARS-CoV-2 virus, with an accuracy of up to 90% within three days before the patient showed symptoms. such as cough, shortness of breath, and fatigue. Integrated with wearable devices such as smart watches or health monitoring devices, the application uses artificial intelligence to detect sudden changes in the user’s heart rate, temperature body temperature, thereby providing an early warning to detect signs of COVID-19. New Zealand Prime Minister Jacinda Ardern (centre). (Photo: AFP/VNA) Experts say that New Zealand has proactive, strong, focused, science-based epidemic response measures, and at the same time implements these measures well. In research published in the journal The Lancet Public Health, expert Sarah Jefferies and colleagues point to the factors contributing to New Zealand’s success in the fight against the pandemic are rapid improvements in testing capacity and management. handling cases, the blockade order was for a short time (almost 4 weeks) but very strict. In addition, rapid interventions when the number of cases is low, for example, the warning level increases from 1-4 in five days when the number of cases has not exceeded 1,000 cases. A team of experts from the University of Otago (New Zealand) highlighted the key element of the government’s rapid, science-based risk assessment combined with early and decisive action. The implementation of interventions at various levels (border control, control of community spread, and control of cases) are also effective against the epidemic. Prime Minister Jacinda Ardern is highly appreciated for her ability to effectively convey the main message to the community – consider fighting the epidemic as the task of a unified collective of 5 million people, thereby being trusted and obeyed by the people. under very strict restrictions. The above-mentioned drastic measures against the epidemic helped reduce human losses with a very low mortality rate, only 0.53 cases per 100,000 people, but also cost the economy due to the closure policy as well as the impact of the pandemic. Translate. New Zealand’s economy recorded a record 2.9% contraction in 2020. However, in terms of the long-term outlook, the economy is forecasted to grow again this year thanks to the government’s economic stimulus package and New Zealand’s ability to restore normal life as before. pandemic. Moreover, it is the good control of the epidemic that has brought New Zealand’s great economic recovery opportunities. The results of a Bloomberg survey conducted in October 2020 with the participation of about 700 people, most of them senior executives in many industries, of which 53% are from large corporations and 47% are from large corporations. SMEs, showing that New Zealand is the country most trusted by business leaders to invest in the future. In fact, the economy of the “kiwi land” has rebounded as business confidence recently improved and the unemployment rate plummeted to 4.7% in the first quarter of 2021. The Ministry of Finance projects gross domestic product (GDP) growth to reach 2.9% in 2021 and gradually accelerate to 4.4% in 2023. Kiwibank’s chief economist, Jarrod Kerr, said the view For the future, a program to roll out vaccines, travel bubbles with Australia and many other countries in 2021 will support solid growth in 2022. New Zealand’s drastic, timely and synchronous approach to the COVID-19 epidemic, from blockade, distance, to tracing and treatment, has become a model of anti-epidemic recognized by the international community. and provide useful lessons to help governments plan how to respond to the current pandemic as well as future pandemic outbreaks.

An employee scans and checks products in a Tiki warehouse in Ho Chi Minh City. (Photo: Bloomberg) Crossing the crowded streets of Ho Chi Minh City in a Honda, Ho Duc Quang carries toys, books and other packages to deliver to Tiki.vn customers. Quang, 25, needs to be quick, as Tiki promises to deliver in 2 hours. He uses AirPods to notify customers of his arrival, but there is one thing that slows down this shipper: Quang has to wait for customers to open the package, confirm the correct goods before departing for the next trip. It is a mandatory operation for those who do not trust online sellers. Quang’s speedy deliveries between the city of 9 million people are just part of a campaign to win over customers, many of whom shop online for the first time due to the pandemic. Winning isn’t easy where only about a third of adults have a bank account and less than 5% have a credit card. Most shopping at convenience stores, traditional markets. Although Euromonitor International estimates that e-commerce will only account for 3% of Vietnam’s retail market in 2020, the lowest in Southeast Asia, the potential of the market is extremely attractive. According to a report by Google, Temasek, Bain & Co, Vietnam’s digital economy is predicted to reach US$52 billion by 2025, an increase of 29% compared to 2020. Competition for customers Startups backed by Warburg Pincus, Goldman Sachs, JD.com or Shopee, Amazon are all targeting the Vietnamese middle class. From 2016 to the first half of 2020, investors poured $1.9 billion into the domestic online sector. Mr. Ralf Matthaes, Managing Director of Infocus Mekong Research, assessed that Vietnam is in the early stages of becoming a digital society with a young and technology-loving population. Therefore, these companies have to compete with each other to provide services. The government has set a target of online shopping to account for 10% of Vietnam’s retail sales by 2025. The regulator wants to reduce cash payments to create a more transparent, modern economy through increased non-payment of transactions. cash for public services and improve the regulatory framework for electronic payments. The consortium led by Alibaba and Baring Private Equity Asia will invest $400 million in exchange for a 5.5% stake in CrownX of Masan retail group. Under the agreement, Masan will cooperate with Lazada – Alibaba’s e-commerce platform in Southeast Asia. Kenny Ho, Southeast Asia Investment Director of Alibaba, affirmed that the combination of Alibaba’s online retail expertise, Lazada’s Vietnam platform, and Masan’s offline network will be a powerful catalyst for the company’s success. modernization of Vietnam’s retail market. In January, M-Service, the startup behind the Momo e-wallet, raised more than $100 million from an investment group, including Warburg Pincus. For the first time in their shopping life, Vietnamese people are “encircled” by the form of customer-first retailing that is common in developed economies. Trust of customers Online retailers are trying to woo shoppers wary of scam stores that don’t offer return policies. According to economist Nguyen Tri Hieu, “Vietnamese people don’t trust what they can’t see. Usually, they need to know what they’re buying. They have to smell it and touch it.” So e-commerce sites raced to launch marketing campaigns, offering discounts on everything from AirPods to Samsung washing machines. E-wallet startup that offers coupons. Tiki applies a refund policy of up to 30 days. Nguyen Thi Kim Chi, 31, who works for an entertainment website, said that 70% off and customer-oriented items attract her. Buyers are empowered to evaluate products and services online. If normal, they often have to go to the store complaining about the low quality of the product and there may be quarrels but nothing is corrected. According to Mr. Matthase, the epidemic will boost digital retail as 30% more Vietnamese will shop for everything from food to electronics online in 2020. Retail shifting According to Jeffrey Perlman, managing director of Warburg Pincus in Singapore, Vietnam’s retail market changes faster than other markets. Tiki is currently the largest domestic e-commerce platform in the country. Software engineer Tran Ngoc Thai Son built Tiki in 2010 from $5,000. Mr. Son writes code, buys 100 English books from Amazon, and delivers it by himself by motorbike. Currently, Tiki has 3,100 employees and a state-of-the-art logistics operations system overseen by Henry Low, former head of Amazon and Coupang. Along with the company’s growth is the effort to attract customers. Mr. Son deployed a system to filter counterfeit goods and sided with customers. For example, if there is a defect in a newly purchased phone, the customer wants to return it, they will support 100%. If the seller is not okay with this decision, Tiki will shut down their account. From diapers to beer According to Crunchbase, investors like Sumitomo, JD.com have invested $192.5 million in Tiki. Mr. Son anticipates more rounds of funding and prepares for an IPO. According to Mr. Low, Tiki handles less than 2 million orders per month. Employees busy arranging everything from diapers and diapers to Corona beer in the 10,000-square-foot fulfillment center. Tiki applies artificial intelligence and robots capable of transporting 800kg products to speed things up. Thanks to the logistics system, Mr. Son aims to transport 500,000 products in 2 hours, up from 200,000 currently, helping Tiki achieve its profit target. Du Lam (According to Bloomberg)

A poem by a poet of the Tang Dynasty, about the phenomenon of burning books in the Qin Dynasty. “What CEO Wang posted is an anti-government poem. It shows that he is under a lot of pressure because of the investigations,” said Hao Hong, an analyst at Bocom International in Hong Kong. CEO Wang deleted the post on May 9 and denied the above rumor. He claimed to only use the verse to refer to the company’s competitors. A spokesperson for Meituan made a similar comment. Mr. Wang Xing, CEO of Meituan. Photo: China Daily. In October 2020, billionaire Jack Ma publicly criticized the Chinese banking system. As a result, Jack Ma’s startup Ant Group was forced to stop its $35 billion listing, Alibaba was investigated and fined $2.8 billion for violating antitrust laws. “Many people think that the poem posted by Wang Xing is a criticism similar to what Jack Ma said. This is not the time for Chinese businessmen to raise their voices.” Bloomberg quoted Kerry Goh, Investment Director of Kamet Capital Partners as saying. In recent years, the Chinese government has tightened supervision of technology companies. The Hang Seng Technology Index is down a record 30% from its peak in February. Meituan is also the subject of investigation by Chinese authorities for monopolistic behavior. Meituan is accused of forcing merchants to sign exclusive business contracts on its platform. On May 10, the Shanghai Consumer Council criticized Meituan for infringing on the rights of consumers.

Internet Computer coin traded at 370.3 USD – Photo: Bloomberg Just launched on May 10, virtual currency called Internet Computer has immediately entered the top 10 largest virtual currencies in the world with a market capitalization of about 45 billion USD, according to the ranking on CoinMarketCap.com. Internet Computer was created to help anyone – from software developers to content creators – upload whatever they want to the internet without having to go through tech giants like Amazon. , Facebook or through servers, commercial cloud services. According to Dominic Williams, founder of the Internet Computer project, this virtual currency helps users avoid closed ecosystems of businesses and reduce costs. Users can build their own social networks as well as many other services to compete with giant internet companies. Internet Computer coin price movement after one day of launch – Source: Coinmarketcap.com The Internet Computer’s network uses smart contracts or task execution software to compete with larger cryptocurrencies like Ether (currently the second largest cryptocurrency by market capitalization). Internet Computer is also “shaking hands” with many other cryptocurrencies and related networks – such as Polkadot, Binance Coin – to bypass Ether. The Internet Computer coin was born in the context of virtual currencies from Bitcoin to Dogecoin being mentioned everywhere, at dinners to Saturday Night Live on national television in the US. Top 10 largest cryptocurrency market capitalization, updated price at 9:00 am on May 12 (Vietnam time) – Source: Coinmarketcap.com Dong Internet Computer traded at 370.3 USD at 9:00 am on May 12 (Vietnam time), up more than 1% compared to the previous 24 hours. This virtual currency transaction value reached 1.5 billion USD, an increase of nearly 90% in 24 hours. The market capitalization of the entire cryptocurrency market is now $2,480 billion, up from less than $1 trillion earlier this year.

TikTok wants to encroach on e-commerce. (Image: Bloomberg) TikTok wants to repeat the success of Douyin – the version of TikTok exclusively for the Chinese market. Only in the first year, Douyin earned 26 billion USD in e-commerce transactions. According to Bloomberg, TikTok has started a partnership with a number of brands so that they directly sell products to millions of users right on the app. It is not clear when TikTok will officially announce the feature. A representative of Hype, one of the brands TikTok partnered with, confirmed the experiment. According to images provided to Bloomberg, Hype’s booth in TikTok displayed a range of products with photos and selling prices. ByteDance – TikTok’s parent company – is actively exploring the Chinese e-commerce market in the hope of writing another glorious medal in the company’s history right before the IPO. The company aims to process more than $ 185 billion of global e-commerce transactions by 2022 based on the reach of TikTok and Douyin. Unlike Alibaba, Tencent, ByteDance’s app is well known globally. Founder Zhang Yi Ming wants to use it as a stepping stone to the online shopping game. ByteDance remains a slowdown in China’s “social commerce” market, where celebrities sell products to followers. In the email, TikTok said it is experimenting and learning, and constantly discovering many new ways to add value. Currently, the major social networking companies are scrambling for online retail market share, a market expected to generate $ 5 trillion in sales this year. In May 2020, Facebook introduced a new tool to improve the shopping experience on Facebook and Instagram. Pinterest also jumped into the e-commerce market when it brought buyers to the seller’s website. For its part, TikTok has challenged the online shopping market through promotional campaigns with Walmart and Shopify. Businesses often mark products on TikTok content, with a link that leads buyers to their own website, but all of it takes place within the TikTok application. TikTok wants to lock users down more tightly by allowing brands like Hype to run booths on the platform, take orders and interact directly with buyers. TikTok hopes to sell more ads to sellers, increase traffic and eat commissions. In December 2020, Zhang told TikTok employees that e-commerce, when combined with short videos and livestreams, offers even greater opportunities outside of China. The company has quietly built up a team of engineers in Singapore to develop its e-commerce business. It is very likely that TikTok will successfully re-establish with videos suggested by artificial intelligence when it comes to shopping online. Du Lam (According to Bloomberg)

Johannes Caspar, the head of the Hamburg municipal privacy agency, issued a three-month emergency ban. Accordingly, Facebook is prohibited from further data collection. He also asked the European Union data panel to take action and make a ruling in the bloc. WhatsApp’s new provision of data collection is invalid because they are not transparent, inconsistent, and too broad. In a statement on May 11, Mr. Caspar confirmed that the ban aimed at protecting the rights and freedoms of millions of WhatsApp users in Germany must agree to Facebook’s conditions. The German ban hits the heart of Facebook’s business model and advertising strategy. Previously, the country’s antitrust office also criticized the company for its habit of collecting data about users doing online and associated with Facebook profiles. The huge amount of information allows for targeted advertising and brings great revenue to social networks. However, WhatsApp called Mr Caspar’s statements “false” and said the ban could not prevent the new term from being deployed. In the announcement, WhatsApp said that the German authorities’ actions were based on a fundamental misunderstanding of the new term. Facebook faces a wave of protests around the globe because of WhatsApp’s new terms, requiring users to agree by May 15. Mr. Caspar is concerned that Facebook could wrongly handle the data and it is important to prevent data misuse, affecting the September election. Du Lam (According to Bloomberg)

Amazon will soon introduce the cashier-free payment technology at its grocery chain Fresh Features of technology automatic payment Amazon’s, called “Just Walk Out”, appears in the planning document for a store under construction in a suburban mall in Brookfield, Connecticut. This technology allows customers to bypass checkout items by tracking any items they pick up and bill when they leave. Shoppers simply swipe their smartphone at the store entrance, where shoppers are likely to scan application or credit card when they arrive. Inside, cargo is monitored by cameras, software algorithms and shelf sensors. Ceiling-mounted cameras are capable of tracking items that buyers pick up in the store. Amazon seems to have tackled a significant technical challenge, creating a take-and-go system that can handle shoppers’ scores at the same time and cover large supermarkets without spending too much to build. build and operate. However, the application is widespread automatic payment feature Amazon faces charges of trying to eliminate cashiers, one of the most popular jobs in the United States. Amazon says its goal is to facilitate shoppers, not cut labor costs. Amazon says it has created thousands of groceries jobs since it opened its first fresh food store last year. Supermarket Under construction in Connecticut covers approximately 3,000 square meters, including warehouse, office space and a temporary storage area for online ordering. The shopping mall should be covered with cameras that are about 2,000 square meters in size. This space is 3 times bigger than supermarkets using Just Walk Out technology today, so automatic payment solution can solve Amazon’s human resource problem. Since the launch of the Fresh chain in southern California, Amazon has opened 12 stores, with 37 more under development across the US. But beyond testing at a Fresh suburban Chicago store, the new chain doesn’t feature Go-style automated payments, surprising industry followers with a less traditional approach. Instead, Amazon developed the Dash smart cart, which has sensors and cameras that help replenish purchases as shoppers move through the aisles. The shopping cart stops in a seamless shopping experience. They only hold a few bags of food and shoppers are unable to take them out, forcing them to move the bags into a low-tech trolley or transport their food to the parking lot. Last year, Amazon launched an identity system that allows shoppers to “wave” to pay. The system is called Amazon One and is deployed in convenience stores, bookstores … in the Seattle area and is planning to continue to expand elsewhere.

However, in the past few months, intermediaries cutting, polishing and selling diamonds have massively purchased raw gemstones. The inventory is sold cleanly. Therefore, the leading diamond producers in the world such as De Beers or Alrosa PJSC started to increase their prices. The dizzying change took place at diamond grinding centers in India and Antwerp (Belgium). Unable to travel, wealthy consumers around the world are willing to spend money on luxury goods. De Beers said it sold 13.5 million carats of diamonds in the first quarter, nearly double the amount of gems it mined in the first three months of the year. Bloomberg that difference shows that inventories of the world’s largest diamond producer are plummeting. Demand for diamonds increased sharply after a long period of being affected by Covid-19. Photo: Bloomberg. Meanwhile, inventories of Alrosa – the Russian diamond maker – fell 60% in the six months to the end of March to 12.8 million carats. This is the lowest level in the past 3 years. Manufacturers are simultaneously increasing the price of diamonds. De Beers pushes prices up from the end of 2020 and earns $ 1.6 billion from three sales of rough diamonds earlier this year. “Alros and De Beers will free up inventory in 2020 without affecting diamond prices. The prospects are bright this year, ”said Liberum Capital analyst Ben Davis. However, the diamond industry still faces many risks. In India, the diamond industry faces a threat of stagnation due to the impact of the second Covid-19 wave. Manufacturing in India may not be enough to meet the needs of Chinese and American customers.

Residence for sale located at 1125 S. Ocean Blvd near the Mar-A-Lago resort in Palm Beach, Florida (USA) – (Source: Google Maps) The mansion carries “Beachouse” (roughly translated: house on the beach) with 8 bedrooms. In a full-page ad in the Palm Beach Daily News recently, real estate broker Lawrence Moens said the mansion was “a very important and famous oceanfront property”. The ad does not mention Mr. Trump’s family, but says the mansion comes with a Mar-a-Lago club membership card. Located at 1125S Ocean Avenue, Mr. Trump’s mansion opposite the Mar-a-Lago resort. People living in the area all know this mansion belongs to the Trump family. The villa has a balcony overlooking the sea, swimming pool, library and sun room with floor-to-ceiling windows facing the Atlantic Ocean. It is known that the Trump family bought this real estate block for $ 18.5 million in 2018 from the sister of the former President, Maryanne Trump Barry./.

Reuters will start charging an access fee of $ 34.99 / month. (Source: Getty images) On April 15, British news agency Reuters News – one of the world’s largest news agencies specializing in providing articles, images, graphics and videos for newspapers, radio stations, television stations, Internet and other Other media – notification will start charge for access to news on its website. According to the notice posted on the Reuters homepage, the fee to register an account at Reuters.com will cost 34.99 USD / month – the same as the fee that the competitor of Reuters is Bloomberg financial news agency (US) is applicable to customers. The announcement said Reuters would allow readers to read 5 articles for free, but would then require users to sign up for an account if they want to continue to update information on Reuters.com. It is not clear when Reuters will begin charging for the service. Reuters marketing director Josh London described the move as a “streak digital converter the biggest at Reuters for a decade. ” The fee for readers is a hot topic in the period of traditional printing press revenue decline, while electronic newspapers are struggling about revenue sources. Paywall (roughly translated as “Wall of fees”) will be displayed asking readers to pay or subscribe when they want to read the information in the article. The Wall Street Journal was the first newspaper to adopt a fee-for-readers model in 1996. After that, most major American publications have studied this strategy, including The New York Times – the newspaper is Considered as one of the examples of paywall’s success. In 2018, Reuters’ biggest competitor, Bloomberg, also implemented charging fees for its information. Although not disclosing the number of subscribers, but Bloomberg claims this number is much higher than expected.

Photo: MacRumors Accordingly, Mark Gurman shared his information in an interview with Bloomberg Technology. In this interview, he once again confirmed that Apple will launch a new iPad Pro with 11-inch and 12.9-inch screens. The more advanced of these will be equipped with a new mini-LED display technology. Basically, Mark Gurman says this is just a small upgrade. Photo: MacRumors The next 20/4 event will be the first product launch event of Apple in 2021. Previously, many sources expected Apple to launch the iMac with completely new design. Bloomberg said the iMac will have a similar design to the Pro Display XDR product and have a chip designed by Apple itself. Photo: MacRumors Mark Gurman said that it is not clear when the new iMac will be released, but Gurman said that “if the iMac shows up at the event, this will be a big highlight”. In addition, Apple is also expected to launch an AirTags device tracking device. Photo: MacRumors The April 20 event will be held online and can be viewed on Apple’s website, the Apple TV app and Apple’s official YouTube channel.

VinFast expects a higher price than Ford

On April 12, Bloomberg reported that Vingroup was considering bringing VinFast on the US stock exchange to raise $ 2 billion. According to this source, the car company is currently working with consulting units to IPO (initial public offering) right in the second quarter of 2021.

The source of Bloomberg confirmed that if successful, the IPO could push VinFast’s valuation up to $ 50 billion. At that time, VinFast will immediately close to the top 10 largest car manufacturers in the world, on par with famous manufacturers such as Hyundai (51.38 billion USD), Honda (50.86 billion USD) and surpass Ford (49, 47 billion USD).

With a scale of $ 2 billion, VinFast’s IPO will be the largest ever IPO of a Vietnamese company, after Vinhomes’ first share sale worth $ 1.4 billion in 2018. This could also become the first Vietnamese company to list in the US.

Although VinFast is a fledgling company, the valuation may outstrip traditional Asian carmakers like Suzuki ($ 21.29 billion) and Japan’s Nissan ($ 20.63 billion).

VinFast IPO details including the size and timing may change as discussions with the consultant are in progress. Bloomberg also said that Vingroup representatives declined to comment on this information.

The top 10 car manufacturers with the highest market capitalization are currently Tesla of the US, Toyota of Japan, Volkswagen of Germany, Daimler of Germany, General Motors (GM) of the US, BMW of Germany, BYD and Nio of China. , Stellantis and Ferrari.

The US intends to punish a series of Russian diplomats.

Accordingly, 12 Russian individuals, including intelligence officials and government officials, and 20 other entities in the US sanctions category.

In addition, Washington is also preparing to expel 10 Russian diplomats.

Just last week, Bloomberg reported that the US administration had completed an intelligence assessment of Russia’s potential role in a cyberattack against SolarWinds and meddling in the 2020 presidential election.

The White House is considering actions against US diplomats, including punishing Russian President Vladimir Putin’s advisers and agencies involved in allegations of election interference.

In mid-March, US intelligence released a new report, alleging that Putin had authorized the Russian government’s “influence activities” to undermine the then Democratic candidate. Biden in the 2020 election and exacerbated political divisions in the US.

The Kremlin considers the report “completely unfounded and unfounded” and expressed its belief that this is just an excuse to introduce new sanctions. Kremlin spokesperson Dmitry Peskov stressed that Russia does not interfere in the US vote, is not involved in the campaign against any candidate. He also noted that Washington’s sanctions policy could exacerbate bilateral relations.

One day earlier, the RIA news agency quoted information from the Russian Foreign Ministry as saying that Russia would act decisively if the US took new “unfriendly steps” such as imposing sanctions.

The same day, the White House announced that the new US administration would work towards a stable relationship with Russia, but to seek predictability rather than trust between the two countries.

Meanwhile, Mr. Biden recently offered to have a face-to-face conference with the Russian president in a European country. The Russian president just “wished him well” and invited Mr. Biden to a face-to-face conversation after hearing that the US President agreed with the view that Putin was a “murderer”.

According to the Bloomberg, Singapore prosecutors accuse Ng Yu Zhi of defrauding at least S $ 1 billion ($ 740 million) from many investors through a series of short commodity transactions. Singapore police describe this as one of the biggest investment fraud scandals ever.

The Singapore authorities have yet to disclose sufficient information about Ng and his fraudulent tricks. However, Bloomberg research court records, interview investors, and determine that the 33-year-old trader has raised huge amounts of investment with a pledge of up to 15% quarterly average interest rates.

This interest rate is equivalent to the achievements of the top hedge fund managers in the world.

Invest in many areas

As a Singapore citizen, Ng is allowed to bail after paying S $ 1.5 million ($ 1.1 million) in bail. This teller must wear an electronic surveillance device. Ng’s trial will continue in the coming weeks.

Ng’s past remains a secret. However, this teller has become well known in Singapore’s philanthropic community, supercar players and entrepreneur club in recent years. In August 2020, Ng was honored by Yong Loo Lin School of Medicine at National University of Singapore for his contributions in fundraising activities.

Transaction officer Ng Yu Zhi. Photo: PR Newswire.

According to the Straits Times, Singapore authorities confiscated assets worth S $ 100 million ($ 74 million) – including super car Pagani Huayra – of Ng to serve the investigation. A source from the police said the Pagani Huayra is priced at about $ 5.2-5.9 million.

Ng invests in many industries, from commodities, technology startups to Japanese restaurants and veterinary clinics. The fraud allegations against Ng revolved around his transactions at Envy Asset Management and Envy Global Trading. Ng controlled and served as director of these two companies.

Of the more than S $ 1 billion ($ 747 million) poured into these two companies, about S $ 300 million ($ 224 million) was transferred to Ng’s private account, prosecutors alleged. About S $ 200 million ($ 150 million) disappeared without a trace.

To date, Ng’s customers have only received payments totaling S $ 700 million ($ 523 million). However, Ng owed investors S $ 1 billion (US $ 747 million) to investors.

Deceive by short transaction

According to the indictment, Ng raised money from investors to buy nickel from an Australian company called Poseidon Nickel Ltd. However, Ng has never made this transaction. Poseidon CEO Peter Harold asserted that the company has no relationship with Ng or related companies.

In addition, Ng also told investors that he signed multiple contracts with French bank BNP Paribas SA. However, these contracts do not exist at all. BNP does not have an account or transaction history with Ng, Envy Asset Management or Envy Global Trading.

Reply BloombergAn investor of Ng said that he started investing with Ng in 2018. Since then, this investor has never withdraw money because he believes in Ng’s ability to generate profits.

Ng’s list of investors includes fund management company Envysion Wealth Management and Ms. Shim Wai Han – founder of Envysion. The indictment said Ng persuaded Envysion and Ms. Shim to invest $ 35.8 million in virtual nickel investment transactions. “Our goal now is only one, which is to get money back to investors and to ourselves,” Shim said.

Singapore is the center of financial transactions in Asia. Photo: AP.

Neither Ng’s Envy Asset nor Envy Global is licensed by the Monetary Authority of Singapore (MAS) because the law does not require that companies investing in physical assets have a license. After Ng’s scandal, MAS put Envy Asset on the warning list. Currently, Envy Asset is no longer active. Ng was removed from his position as chief executive officer of Envy Global last month for a fraud scandal.

Before Ng’s scandal, Singapore was shaken by the financial fraud of the oil business group Hin Leong Trading Ltd. last year.

However, expert Lawrence Loh – director of the Center for Management and Sustainability at the National University of Singapore Business School – said that Singapore government needs to ensure a balance between tightening financial regulations and controls. create favorable conditions to attract investors.