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Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the Covid-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study has found.
ZURICH: Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study has found.
Beijing accelerates industrial transformation despite pandemic
SYDNEY: Australia’s central bank discussed the possibility of further monetary easing at its October board meeting, including cutting the cash rate towards zero and buying longer-dated government bonds, minutes of its most recent meeting showed on Tuesday.
JAKARTA (Reuters) - Several thousand students and workers protested in Indonesia's capital Jakarta on Tuesday against President Joko Widodo's new jobs law, the latest in a series of rallies opposing legislation that the government says is needed to attract investment.
Advances in automation technology threaten a significant share of jobs in industries accounting for nearly a quarter of the global workforce, according to Bloomberg Economics’ estimates.
Beijing, Oct 20 (China Daily): Investigation says claims have been fabricated by Western think tanks for political purposes.
BEIJING, Oct 20 (China Daily/ANN): New growth opportunities in emerging industries such as the internet economy played a bigger role in bolstering economic growth during the first three quarters of the year, officials and experts have announced.
SHANGHAI, Oct 20 (Bloomberg): Tesla Inc will start exporting Model 3 sedans made at its gigafactory on the outskirts of Shanghai to Europe later this month, seeking to boost sales in one of the fastest-growing electric-car markets.