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Medical staff in PPE walk in front of barriers of a Shanghai area under lockdown.
Hard Numbers: Shanghai lockdown, US billionaire tax, Amazonian NFTs, Houthi truce
2,631: Shanghai will go into lockdown after reporting a record 2,631 new asymptomatic COVID infections on Sunday. China’s largest city had been trying to avoid this extreme measure, but authorities ultimately caved to Xi Jinping’s zero-COVID policy.
100 million: On Monday, the Biden administration will propose a 20% minimum income tax on US households worth at least $100 million in order to cut the deficit. This includes taxing unrealized capital gains, which Democrats failed to pass in Congress last year.
150: A Brazilian company that owns some 150 square miles of the Amazon is funding conservation efforts by auctioning off sponsorship of rainforest lots as non-fungible tokens. NFT holders will not own the land itself but rather get access to information about how it is being preserved.
7: On Saturday, Houthi rebels declared a three-day truce with the Saudi-led coalition to mark the seventh anniversary of Yemen’s civil war. The olive branch came a day after the Houthis attacked a Saudi oil plant near the Formula One race track in Jeddah, to which Riyadh responded with airstrikes on rebel-held cities in Yemen.Jack Ma's public absence fuels speculation
BEIJING • Alibaba founder Jack Ma's absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fuelled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire.
Australian Parliament to probe Murdoch media dominance
An online petition attracted a record number of signatories
Samsung chairman dies at 78
The tycoon who became South Korea's richest man after transforming Samsung into a global tech titan best known for its smartphones, memory chips and LED televisions has died at the age of 78.
Samsung's Lee: Tainted titan who built a global tech giant
SEOUL (REUTERS) - In February 1993, five years after taking over from his father at South Korea's Samsung Group, 51-year-old Lee Kun-hee was frustrated that he wasn't making his mark.
Interpol 'red notice' issued for arrest of Red Bull heir
BANGKOK • Interpol has issued a "red notice" to arrest the fugitive Thai heir to the Red Bull billions for his role in a fatal hit-and-run.
'Lone Wolf' tycoon overtakes Jack Ma as China's richest
BEIJING • A bottled-water and vaccine tycoon has become China's wealthiest person in a day also marked by massive losses among the world's tech elite.
Jack Ma dethroned as China's richest with 'Lone Wolf' moving up
BEIJING (BLOOMBERG) - A bottled-water and vaccine tycoon has become China's wealthiest person in a day also marked by massive losses among the world's tech elite.