Sunday, February 23

Tag: developing economies

Small Drones Are Helping Israel Navigate the Urban Battlefield in Gaza
29Dec By adminNo Comments
World

Small Drones Are Helping Israel Navigate the Urban Battlefield in Gaza

Updated Dec. 29, 2023 12:05 am ETThe Israeli military has tried a variety of methods to explore Hamas’s tunnels in Gaza: robots, robot dogs and real dogs. But what it has quickly learned is that the cheapest and most effective option for exploring the underground labyrinths—which are a potential death trap for soldiers—is a small quadcopter drone. It isn’t just tunnels. In the dense urban battlefield of Gaza, the Israeli military has been flying these quadcopters—essentially small helicopters with four rotors—into buildings before sending in soldiers. The devices are also providing smaller units with aerial reconnaissance and being used as guided munitions.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China Central Bank to Help Boost Consumer Prices Amid Deflation Risks
29Dec By adminNo Comments
World

China Central Bank to Help Boost Consumer Prices Amid Deflation Risks

Dec. 29, 2023 1:20 am ET|WSJ ProChina’s central bank has vowed to boost consumer prices as the world’s second-largest economy is battered by tepid demand and weakening confidence.The People’s Bank of China said it would “promote price recovery from low levels and keep prices at reasonable levels,” according to a statement released late Thursday summarizing the central bank’s fourth-quarter monetary policy meeting.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China Confronts a New Political Reality in Taiwan: No Friends
29Dec By adminNo Comments
World

China Confronts a New Political Reality in Taiwan: No Friends

Updated Dec. 29, 2023 12:08 am ETTAIPEI—A drawing of Taiwan at the presidential campaign headquarters of the island’s ruling party shows strikingly little concern for north and south. Instead, the island is shown turned on its side, with China and the Taiwan Strait conspicuously absent.The drawing reflects the worldview of the Democratic Progressive Party, which over the past eight years has sought to carve out an identity for the self-ruled island that is separate from mainland China. But it also represents a broader change in Taiwan that sits uneasily with Communist Party leaders 1,000 miles to the northwest in Beijing.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Huawei Expects 9% Revenue Growth This Year
29Dec By adminNo Comments
World

Huawei Expects 9% Revenue Growth This Year

Dec. 28, 2023 10:09 pm ETHuawei Technologies projected that its revenue grew about 9% in 2023, reflecting the company’s return to a more normal course after years of dealing with U.S. sanctions.The Chinese hardware giant said in a note Friday that it expects annual revenue of 700 billion yuan, or approximately $98 billion, up from CNY642 billion in 2022.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Suntory Beverage & Food Exits Nonalcoholic Drinks Business in Indonesia
29Dec By adminNo Comments
World

Suntory Beverage & Food Exits Nonalcoholic Drinks Business in Indonesia

Suntory Beverage & Food is exiting its nonalcoholic beverage business in Indonesia after 12 years of selling bottled tea, jelly drinks and other products in the Southeast Asian country.The Japanese company will transfer its 75% stake in Suntory Garuda Beverage to Garudafood, it said in a statement on Thursday. After the transfer, Suntory’s main focus in Indonesia will be the health-enrichment product category.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Apple Is Being Overtaken by Chinese Smartphone Rivals—in Cars
28Dec By adminNo Comments
Technology

Apple Is Being Overtaken by Chinese Smartphone Rivals—in Cars

After a decade, Apple still hasn’t introduced an Apple car. Some of its biggest smartphone rivals in China are moving faster.Huawei and Xiaomi, whose phones battle the iPhone for supremacy in China, both released new cars this week with advanced digital features. The companies’ goal is to keep their phone customers engaged in high-tech vehicles and seize turf before Apple’s possible entry into the fray.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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India’s Infrastructure Push Is Key to Taking on China
28Dec By adminNo Comments
Money

India’s Infrastructure Push Is Key to Taking on China

The coming few years will be a litmus test for India’s ambition to become a manufacturing hub rivaling China. A big question mark is how quickly it can build out the infrastructure it needs to really seize the opportunity. There have been signs of progress recently, but New Delhi’s cramped fiscal space means it needs to do more to entice private-sector investors, too.India is experiencing a manufacturing renaissance of sorts led by Apple and its Taiwanese suppliers—after decades of failed efforts. As recently as the fiscal year ended in March 2018, India was a importer of smartphones to the tune of more than $2 billion. Last fiscal year, India was a net exporter of $11 billion worth. About half of that was Apple products, according to investment bank Macquarie.Copyright ©2023 Dow Jones &a...
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Vol. 36, No. 12: Dealmakers
28Dec By adminNo Comments
World

Vol. 36, No. 12: Dealmakers

The Wall Street Journal’s style guide is going to one word on dealmaker and policymaker, according to the Journal’s monthly editing bulletin.
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Israel-Iran Tensions Fuel Fears War Could Spread Beyond Gaza
28Dec By adminNo Comments
World

Israel-Iran Tensions Fuel Fears War Could Spread Beyond Gaza

Updated Dec. 28, 2023 7:21 am ETIranian-backed militants and Israeli forces traded fire around northern Israel, heightening fears that the war in Gaza could spill into a broader regional conflict including Lebanon and Syria.The Israeli military said it returned fire on Wednesday after Hezbollah militants in Lebanon fired rockets into Israel. A separate Israeli airstrike on Wednesday killed three people, including two Lebanese-Australian citizens. An Iranian-backed Iraqi militia claimed responsibility for an uncrewed aircraft carrying explosives that crash-landed into part of the Golan Heights annexed by Israel.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Hapag-Lloyd to Continue Avoiding Red Sea Despite U.S.-Led Naval Deployment
28Dec By adminNo Comments
World

Hapag-Lloyd to Continue Avoiding Red Sea Despite U.S.-Led Naval Deployment

German shipping company Hapag-Lloyd said it will continue to avoid the Red Sea because it considers the area is still too dangerous despite the U.S. and allies deploying naval ships to deter further strikes by Houthi militants.“We continuously assess the situation and plan a next review on Friday,” a spokesperson of the German shipping giant said Wednesday. It will continue to reroute its ships via the Cape of Good Hope in South Africa.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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