Gaspar said home insurance rates have been steadily increasing over the last two years, in part because the companies must pay for claims they previously didn't have to pay.
GeekWire got a sneak peek at the store during a recent media preview, entering by scanning a smartphone app and strolling the aisles of the completely stocked store. The banks of cameras and sensors overhead track everything put into a shopping cart, with the help of artificial intelligence — rendering unnecessary the old-fashioned ritual of scanning and paying at a checkout stand. Items are charged to a shopper’s Amazon account shortly after they walk through the exit.
Given that it is a consensus that the world needs to spark the spirit of innovation and entrepreneurship to address the problems created by globalization, China's initiative has been a welcome inspiration.
Geely sold 1.36 million vehicles in 2019, down 9 percent year-on-year. This is mainly due to the slump in the overall vehicle market. However, its market share grew to 6.5 percent in 2019 from 6.2 percent in 2018.
Glass doors and windows of many stores and restaurants in different districts were smashed by mobs, and facilities inside were vandalized. Radicals also painted black graffiti on stores' logos. A number of local media withdrew all reporters from streets, citing concerns over the safety of on-site employees.
Given an aging population, China faces more pension payment pressure and has been exploring ways to preserve and increase the value of its around 4-trillion-yuan of pension funds. Measures have been rolled out to allow investment in more profitable financial products.
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Gennady Gatilov, Russia's permanent representative to the UN Office at Geneva, said China has made significant steps in promoting human rights over the last 70 years.
General Motors said on Monday it is upgrading its advanced design center in Shanghai to more than double the current studio space and milling capacity, to tap into local Chinese talents to sharpen its competitive edge in China and worldwide.
Global financial data provider Refinitiv said on Tuesday that its proposed billion merger with the London Stock Exchange will create more opportunities for foreign investors to access the huge market in China, a top company official said.
Global technology giant Google announced on Wednesday the opening of its artificial intelligence (AI) center in China during its second developers conference in Shanghai.