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Forbes' Billionaire Index 2024 highlights a drastic decline in Byju Raveendran's net worth, plummeting from ₹17,545 crore ($2.1 billion) to zero. This sharp downfall follows crises within his startup, Byju's, once valued at $22 billion. The company's financial woes, including a staggering net loss exceeding $1 billion, led to a significant devaluation, with BlackRock marking its worth at just $1 billion. Shareholders recently voted to remove Raveendran as CEO amidst ongoing challenges.

Business communities from China, Taiwan, and Hong Kong are speeding up and expanding their operations in Vietnam.

This Friday, Emmanuel Macron announced an investment of 1.5 billion euros between Orano and the Chinese XTC in a site related to lithium batteries in Dunkirk. This announcement comes a few hours after the formalization of the installation of a battery production plant for electric cars in the same city. The joint venture between XTC and Orano is presented by the head of state as "complementary" to the Prologium plant, because it will intervene "upstream" of the production of electric batteries.

All good things must come to an end. Actor-turned-director Lin Mingzhe, best known for his roles in local dramas The Coffee Shop (1985), Son of Pulau Tekong (1985) and the Chinese period drama The Sword and the Song (1986), is retiring from showbiz. Actress Priscelia Chan announced his retirement on Instagram last Thursday (Jan 19), writing: "So happy to finally...

Share this article Share this article QINGDAO, China, Dec. 24, 2020 /PRNewswire/ -- Goertek inaugurated its global R&D headquarters in Qingdao on the morning of December 24, witnessed by relevant leaders of Qingdao City and Laoshan District, as well as Goertek Chairman Jiang Bin and President Jiang Long. An innovation-driven technology company with a global vision, Goerteck invests 6%-8% of its annual revenue in research and development. It has so far applied for more than 20,000 patents, of which more than 10,000 have been granted and over 2,400 are recognized internationally by the Patent C...