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| Alibaba increases stranglehold on Chinese shoppers |
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Posted by: superadmin - 10-19-2020, 03:01 PM - Forum: Business, Economy and Investment
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Chinese tech giant Alibaba will take control of leading hypermarket and supermarket chain Sun Art Retailing.
The tech titan is looking to boost its offline shopping services and gain further ground in China's booming retail market.
Alibaba is already China's biggest e-commerce player and owns Taobao, the world's largest online marketplace.
Sun Art is currently controlled by a unit of Mulliez family investments - one of the richest families in France.
Alibaba will pay HK$28bn (US$3.6bn, £2.bn) to raise its stake in the Hong Kong-listed Sun Art from 21% to 72% according to a company statement.
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| China says its economy grew 4.9% in the third quarter |
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Posted by: superadmin - 10-19-2020, 02:19 PM - Forum: Business, Economy and Investment
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- China's economy recovered further from the coronavirus in the third quarter, according to data released Monday by the National Bureau of Statistics.
- The world's second-largest economy reported third-quarter GDP growth on the low end of expectations, up 4.9% from a year ago. That brings growth for the first three quarters of the year to 0.7% from a year ago.
- Slower recovery in Chinese consumption remained a drag, with retail sales contracting 7.2% in the first nine months of 2020 from a year ago.
BEIJING — China's economy recovered further from the coronavirus in the third quarter, according to data released Monday by the National Bureau of Statistics.
The world's second-largest economy reported third-quarter GDP growth on the low end of expectations, up 4.9% from a year ago. That brings growth for the first three quarters of the year to 0.7% from a year ago.
Chinese economists expected GDP growth of 5.2% in the third quarter, according to an average of estimates compiled by Wind Information, a financial information database.
Slower recovery in Chinese consumption remained a drag, while uncertainty persisted about the ability of other countries to control the coronavirus pandemic and return to economic growth.
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| Covid-19 crisis would have to be 'really, really bad' to implement a national lockdow |
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Posted by: superadmin - 10-19-2020, 10:33 AM - Forum: Covid-19 Pandemic
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Covid-19 crisis would have to be 'really, really bad' to implement a national lockdown, Fauci says
(CNN)Despite the US seeing a rise in Covid-19 cases and deaths, Dr. Anthony Fauci says that things would have to get "really, really bad" for him to advocate for a national lockdown.
The US is averaging more than 55,000 new cases a day -- up more than 60% since a mid-September dip -- and experts say the country is in the midst of the dreaded fall surge. On Friday, the US reported the most infections in a single day since July. As of Saturday, more than 8.1 million cases of the virus had been reported in the US and 219,666 people have died, according to Johns Hopkins University.
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| 14-year-old girl won $25K for a discovery that could lead to a cure for Covid-19 |
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Posted by: superadmin - 10-19-2020, 10:17 AM - Forum: Covid-19 Pandemic
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This 14-year-old girl won a $25K prize for a discovery that could lead to a cure for Covid-19
(CNN)As scientists around the world race to find a treatment for the coronavirus, a young girl among them stands out.
Anika Chebrolu, a 14-year-old from Frisco, Texas, has just won the 2020 3M Young Scientist Challenge -- and a $25,000 prize -- for a discovery that could provide a potential therapy to Covid-19.
Anika's winning invention uses in-silico methodology to discover a lead molecule that can selectively bind to the spike protein of the SARS-CoV-2 virus.
"The last two days, I saw that there is a lot of media hype about my project since it involves the SARS-CoV-2 virus and it reflects our collective hopes to end this pandemic as I, like everyone else, wish that we go back to our normal lives soon," Anika told CNN.
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| Break political deadlock and focus on economy, leaders told |
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Posted by: superadmin - 10-19-2020, 10:01 AM - Forum: Politics
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Break political deadlock and focus on economy, leaders told
PETALING JAYA: Politicians have been urged to resolve their disputes over the reins of power as soon as possible before the political uncertainty dampens economic growth.
An economist, Yeah Kim Leng of Sunway University, said political uncertainties are a distraction as attention and resources are diverted to the country’s political climate rather than the economy.
Malaysian Employers Federation executive director Shamsuddin Bardan said investors’ confidence may be eroded if the political process takes too long to resolve the impasse about who will run the government.
“Once the question of legitimacy of the government is resolved, the focus will then move to the economy,” Yeah told FMT.
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| As Muhyiddin’s critics swell in Umno, analysts question how long PN rule can last |
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Posted by: superadmin - 10-19-2020, 09:57 AM - Forum: Politics
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As Muhyiddin’s critics swell in Umno, analysts question how much longer Perikatan rule can last
KUALA LUMPUR, Oct 19 — Speculation that Prime Minister Tan Sri Muhyiddin Yassin’s hold on power is diminishing has been gaining momentum in recent weeks as Umno warlords push their leaders to disassociate the party from the Perikatan Nasional (PN) government.
In the past week, discontent against Muhyiddin has been swelling within Umno. One veteran lawmaker has backed calls for a no-confidence motion to be tabled against the PM when Parliament reconvenes in two more weeks.
On the back of this is a letter circulating on social media over the weekend that mentioned Datuk Seri Ahmad Zahid Hamidi purporting Umno’s full support for Opposition Leader Datuk Seri Anwar to replace Muhyiddin.
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| Pharrell Williams - Happy |
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Posted by: superadmin - 10-18-2020, 07:05 PM - Forum: English Songs
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Happy
It might seem crazy what I'm 'bout to say
Sunshine she's here, you can take a break
I'm a hot air balloon that could go to space
With the air, like I don't care baby by the way
Huh, because I'm happy
Clap along if you feel like a room without a roof
Because I'm happy
Clap along if you feel like happiness is the truth
Because I'm happy
Clap along if you know what happiness is to you
Because I'm happy
Clap along if you feel like that's what you wanna do
Here come bad news, talking this and that
(Yeah) Well, give me all you got, and don't hold it back
(Yeah) Well, I should probably warn you I'll be just fine
(Yeah) No offense to you, don't waste your time
Here's why
Because I'm happy
Clap along if you feel like a room without a roof
Because I'm happy
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| The 10 Most Important Human Values |
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Posted by: superadmin - 10-18-2020, 06:43 PM - Forum: Self-Development
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"Your VALUES signal what is important to you. They are emotional states that show you what is important, and what you want to experience.Imagine how different your life would be if you changed a value of MONEY and replaced it with the value of LOVE.
Creating… and STATING your values consciously can change the direction of your life.If you decide to apply any of these values to your life, in your own words, in your own way, your own life will be of more value!
The following, are the 10 most important human values.
By Fearless Soul
1. Health and Energy.
2. Love.
3. Gratitude and Appreciation.
4. Kindness and Compassion.
5. Integrity.
6. Giving.
7. Growth.
8. Peace.
9. Family, Friendship and Connection.
10. Happiness"
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| A month since official registration, Muda says now boasts over 30,000 members |
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Posted by: superadmin - 10-18-2020, 06:12 PM - Forum: Politics
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KUALA LUMPUR, Oct 18 — The Malaysian United Democratic Alliance (Muda) said today it has received over 30,000 membership registrations since the party submitted the application to register itself officially.
Muda had posted on its official Twitter handle @partimuda a list of purported achievements it had made the past one month since its founding, including the number of members registered.
“We realise Muda is a newly formed party in the country and we will strive to always learn and improve ourselves for Malaysia. Thank you for the support from all of you. A month has passed, tomorrow awaits!” the tweet said.
Among the achievements included launching its social media platform, with the party now boasting 49,000 followers on Twitter, 16,000 followers on Instagram and 18,000 followers on Facebook.
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