Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

China ousts defence minister, second leader gone in three months

Published

on

China removed its defence minister, the second ousting of a senior leader in three months, raising questions about the stability of the leadership team around Chinese President Xi Jinping.

General Li Shangfu, who has been absent from public view for two months, was dismissed as defence minister and state councillor, according to state media.

China also announced that Qin Gang, who was removed as foreign minister in July, was stripped of his state councillor position.

China’s top legislators, the Standing Committee of the National People’s Congress, approved the removal of both men, state broadcaster CCTV reported, without giving any explanation.

No replacement for Li was named, leaving the country without a defence minister as it prepares to host foreign defence officials at the Beijing Xiangshan Forum on Oct. 29-31.

Li, 65, was last seen in public on Aug. 29. Reuters reported last month that he was under investigation for suspected corruption related to equipment procurement and development.

He had only been in the job since March, when Xi started his precedent-breaking third term as head of state. Li, who is under U.S. sanctions over Beijing’s purchase of combat aircraft and equipment from Russia, is China’s shortest-serving defence minister.

Qin had also served less than a year before he disappeared from public view and was replaced by his predecessor, Wang Yi. No formal explanation has been given but the Wall Street Journal cited sources saying Qin had an extramarital affair while he was ambassador to the United States.

Continue Reading

Leaders

Commercial real estate targeted for producing 40% of global emissions

Published

on

Commercial real estate contributes significantly to global emissions, with reports suggesting it makes up to 40% of the total – so is there a solution in sight?

Global strategies are setting out to transform this impact by promoting the development of sustainable buildings.

As climate change continues to be a pressing global issue, the commercial real estate sector must pivot towards more eco-friendly solutions.

One of the most impactful actions that can be taken to mitigate the environmental impact of commercial real estate is the implementation of building automation systems.

Louise Monger, Vice President, Digital Buildings of Schneider Electric, joins to share her key insights into the issue. #featured

Continue Reading

Leaders

Australia’s electricity grid faces an urgent overhaul as consumption dramatically doubles

Published

on

By 2050, AEMO has predicted that Australia’s electricity use will double due to renewable energy and electrification, prompting a necessary overhaul of the country’s aging power grid.

The adoption of renewable energy sources and electrification is set to double Australia’s electricity consumption by 2050.

The fast-adoption has created an urgent need for reconfiguration and enhancement of the nation’s century-old electricity grid.

James Hunt, Pacific Vice President of Power Systems and Services of Schneider Electric joins to discuss. #featured

Continue Reading

News

House of the Dragon season 2 profits despite review scores

Published

on

Viewership Surge: 1 Million Revisit “House of the Dragon” Ahead of Season 2.

 

HBO took a big bet on its “Game of Thrones” spin-off, with one million people rewatching the first season of “House of the Dragon” in the days leading up to the Season 2 premiere, according to Warner Bros. Discovery. However, not all reviews have been glowing. #featured #trending

Continue Reading

Trending Now