Electric vehicles to dominate line up at Toyota’s Lexus by 2025

TOKYO (Reuters) – Lexus, a luxury auto brand owned by Toyota Motor Corp, said on Tuesday it plans to introduce 20 new or improved models by 2025, of which more than 10 will be electric. Electrified models such as battery electric vehicles (BEV), plug-in hybrids and hybrid electric cars will be introduced, the company said […]
Deliveroo IPO puts London’s tech credentials to the test

LONDON (Reuters) -When food delivery firm Deliveroo joins the London stock market on Wednesday, it will be Britain’s biggest listing in a decade, even though some of the country’s leading investors – worth over $1 trillion between them – will be conspicuous by their absence. British Finance Minister Rishi Sunak has hailed the company’s decision […]
GameStop hires Amazon executive as chief growth officer in e-commerce shift

[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] (Reuters) – GameStop Corp said on Tuesday it named Amazon.com Inc executive Elliott Wilke as chief growth officer, the latest top level appointment after shareholder Ryan Cohen took charge of the video game retailer’s e-commerce pivot. The company’s shares, which […]
Google Maps to start directing drivers to ‘eco-friendly’ routes

[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] (Reuters) – Google’s Maps app will start directing drivers along routes estimated to generate the lowest carbon emissions based on traffic, slopes and other factors, the company announced on Tuesday. Google, an Alphabet Inc unit, said the feature would launch […]
Credit Suisse in firing line after Archegos losses

ZURICH/NEW YORK (Reuters) – Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital, with analysts warning its dividend and share buyback plans may need to go on hold and investors advised to vote against management pay.
It’s time to get smart with Pacific ports

Harnessing advanced smart port technologies can enhance physical and economic resilience of “lifeline” ports in the Pacific.
Building the Smart Grid: The Role of IoT in Powering Tomorrow’s Cities

As the population increases in the urban areas of countries, these cities are facing the obstacles of directing sufficient power to cater to everyone’s needs while employing the functions of these outdated power grids. Built many decades ago, current electric grids are unpredictable in performance, expensive to operate, and unproductive. A single fallen stick from […]
Shaping Africa’s post-Covid recovery: A new eBook

While most African countries have been largely spared so far from the direct health effect of the Covid-19 pandemic, the continent’s economy has been significantly hurt by the economic consequences. This is particularly concerning given Africa’s high prevalence of extreme poverty. A new eBook from CEPR Press focuses on business and household responses to the Covid-19 crisis in Africa, as well as access to international finance, patterns in international borrowing, and country-specific experiences during the pandemic.
Here’s how we can get more people in Asia and the Pacific connected to the internet

Everyone should have reliable access to the internet. If we face another situation like COVID-19 in the future, enhanced internet connectivity will make us better prepared to handle it.
On the road to a speedy economic recovery: A broad-based tax system is key to Solomon Islands’ pandemic response

By Matthew Hodge A more sustainable revenue base for the Pacific Island nation could better manage changing economic conditions and the impact of shocks such as COVID-19. While being largely shielded from the health impacts of COVID‑19, the economy of the Solomon Islands has felt a severe shock. Travel restrictions shuttered tourism throughout 2020, major construction […]