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Amid anti-globalisation, surging populism and xenophobia and rising unilateralism and protectionism, the world seems at a loss as to where it should be going. The recent Brics summit in Johannesburg gave an answer. Leaders of the Brics - Brazil, Russia, India, China and South Africa - had their eyes on the fourth industrial revolution and set their minds on development through co-operation. These areas point the way forward.

America's trade deficit is - first and foremost - caused by excessive consumer spending, low savings and a huge fiscal deficit, not trade with China. After removing the usual 20 percent error from the US published figures for trade in goods and taking into account America's enormous service trade surplus, the true deficit with China amounted to 0 billion in 2018 - a fraction of some of the wild exaggerations sometimes claimed.

Amid the prevailing market environment, Lai has developed a mix of Hong Kong corporate and individual customers as well as mainland customers.

Amazon’s acquisition of smart doorbell Ring marks a sea change for the smart home market.

Amazon’s grocery delivery service is also seeing huge demand as more people order groceries online. The company said Sunday that it won’t accept new customers for its Amazon Fresh grocery delivery service and will place them on a waitlist. Amazon is reserving some shopping hours at its Whole Foods grocery stores so that online delivery orders can be fulfilled.