Apollo Global confident in return of business conventions as it strikes deal with Las Vegas Sands

Apollo Global Management is betting on a strong return of business conventions once the coronavirus pandemic subsides, a belief reflected in its recent deal with Las Vegas Sands, according to David Sambur, co-lead partner of private equity at the firm.Announced earlier Wednesday, Sands said it will sell the real estate for the Venetian, Palazzo and the…Continue Reading

Global smartphone shipments to grow by 50 percent in Q1 2021: report

iPhone 12 sales are expected to lead the growth Global smartphone shipments are expected to grow by 50 percent in Q1 2021, largely due to iPhone 12 sales. Digitimes Research’s latest report says the increase will also be led by Chinese brands ramping up shipments hoping to increase market share amid Huawei’s ongoing woes. The…Continue Reading

MTK Global expanding into soccer

The Guardian reports that MTK Global, one of the world most powerful combat sports companies in the world, is branching out into the world of professional soccer. This news comes on the heels of the BBC accusing MTK of being affiliated with Daniel Kinahan, the suspected leader of the Kinahan Organised Crime Group. MTK’s soccer…Continue Reading

UK to push at G-7 for global standard on ‘vaccine passports’

The government says it will “look to introduce a system to allow vaccinated individuals to travel more freely internationally.” LONDON, UK — Britain says it will use its presidency of the Group of Seven economic powers to push for an internationally recognized system of vaccine passports that could allow world travel to resume.  The government…Continue Reading

Global Economy Moving at Two Speeds as Factories Thrive

Factories in Europe and Japan reported a faster pickup in activity during February, even as service providers saw deeper declines, reflecting the increasingly selective impact of the Covid-19 pandemic on global economic activity. High infection rates at the turn of the year prompted governments in Europe and Japan to impose fresh restrictions on individuals and…Continue Reading

Sawfish face global extinction unless overfishing is curbed

Sawfish have disappeared from half of the world’s coastal waters and the distinctive shark-like rays face complete extinction due to overfishing, according to a new study by Simon Fraser University researchers, published in Science Advances. Sawfish, named after their unique long, narrow noses lined by teeth, called rostra, that resemble a sawblade, were once found…Continue Reading

Global warming found to be culprit for flood risk in Peruvian Andes, other glacial lakes

Historical photographs (first three views) and satellite images show how Lake Palcacocha has grown as the glacier has receded. The lake is now about 34 times its volume in 1970. Credit: Stuart-Smith et al./Nature Geoscience As the planet warms, glaciers are retreating and causing changes in the world’s mountain water systems. For the first time,…Continue Reading

Stop global roll out of 5G networks until safety is confirmed, urges expert

Credit: Unsplash/CC0 Public Domain We should err on the side of caution and stop the global roll out of 5G (fifth generation) telecoms networks until we are certain this technology is completely safe, urges an expert in an opinion piece published online in the Journal of Epidemiology & Community Health. There are no health concerns…Continue Reading