After an improbable career spanning journalism, mushroom farming and health care, Chinese businessman&nbsp;Zhong Shanshan&nbsp;has become Asia&rsquo;s richest person, s

Journalist-turned-businessman dethrones Ambani as Asia’s richest

After an improbable career spanning journalism, mushroom farming and health care, Chinese businessman&nbsp;Zhong Shanshan&nbsp;has become Asia&rsquo;s richest person, surpassing India&rsquo;s Mukesh Ambani.
Zhong&rsquo;s net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet, as per the Bloomberg Billionaires Index. It&rsquo;s one of the fastest accumulations of wealth in history.
He owes his success to vaccine maker Beijing Wantai Biological Pharmacy Enterprise Co. and&nbsp;Nongfu Spring Co., a maker of bottled water.&nbsp;After getting listed this year,&nbsp;Nongfu shares have jumped 155% since their debut, and Wantai&rsquo;s are up more than 2000%.

After an improbable career spanning journalism, mushroom farming and health care, Chinese businessman Zhong Shanshan has become Asia’s richest person, surpassing India’s Mukesh Ambani. Zhong’s net worth has surged $70.9 billion this year to $77.8 billion, making him the 11th-richest person on the planet, as per the Bloomberg Billionaires Index. It’s one of the fastest accumulations of wealth in history. He owes his success to vaccine maker Beijing Wantai Biological Pharmacy Enterprise Co. and Nongfu Spring Co., a maker of bottled water. After getting listed this year, Nongfu shares have jumped 155% since their debut, and Wantai’s are up more than 2000%.

Elon Musk&rsquo;s electric cars have come under scrutiny once again after a Model 3 reportedly exploded in an underground parking garage in China&rsquo;s Shanghai on Tu

Elon Musk&rsquo;s Tesla&nbsp;Model 3 reportedly exploded in an underground residential parking garage in Shanghai on Tuesday. According to the report by CNBC, no one was injured in the fire. The fire was likely caused by something hitting the underside of the car, Tesla said in a statement to Chinese media. Tesla has said that they are cooperating in the investigation being conducted by the fire department. A number of Tesla cars have exploded over the years, including in the US.&nbsp;Elon Musk&rsquo;s electric cars have come under scrutiny in China for other reasons, such as their self-driving technology.

22-year-old American poet Amanda Gorman's stint at the US Inauguration Day ceremony become one of the most talked about moments.
The literary star recited a poem she w

22-year-old American poet Amanda Gorman's stint at the US Inauguration Day ceremony become one of the most talked about moments.
The literary star recited a poem she wrote, called 'The Hill We Climb' after Harris and Biden were sworn in and scripted history by becoming the youngest poet to recite at a presidential inauguration.
It took no time for the Los Angeles based poet, who became the country's first National Youth Poet Laureate in 2017, to trend on social media. Gorman wore a caged bird ring, which was a gift from Oprah Winfrey, and a tribute to Maya Angelou's classic memoir "I Know Why the Caged Bird Sings".

UN Secretary-General Antonio Guterres welcomed the United States&rsquo; stated re-engagement with the World Health Organization, saying supporting the health agency is 

UN Secretary-General Antonio Guterres welcomed the United States&rsquo; stated re-engagement with the World Health Organization, saying supporting the health agency is &ldquo;absolutely critical&rdquo; to combating the Covid-19 pandemic.
He said Washington joining the global vaccine initiative will boost efforts to ensure equitable access to vaccines for all countries.
"Supporting the WHO is absolutely critical to the world&rsquo;s efforts for a better coordinated response against Covid-19,&rdquo; a statement issued by the UN Chief's spokesperson on Wednesday said.
Guterres said now is the time for unity and for the international community to work together in solidarity to stop the virus and its shattering consequences.
&ldquo;With vaccines being a critical tool in the battle against Covid-19, the United States joining and supporting the COVAX facility will give momentum to efforts to ensure equitable access to vaccines for all countries,&rdquo; the statement said.
Angry at the WHO for its handling of the coronavirus, which he had termed &ldquo;China virus&rdquo; due to its origin in the Chinese city of Wuhan, Biden's predecessor Donald Trump had halted funding to the global health agency last year.

Nobody should panic about getting access to a Covid-19 vaccine because everyone who wants one will get one, the World Health Organization said Wednesday.
The WHO's ass

Nobody should panic about getting access to a Covid-19 vaccine because everyone who wants one will get one, the World Health Organization said Wednesday.
The WHO's assistant director-general Mariangela Simao said the UN health agency was working towards ensuring access to coronavirus jabs all around the world.
"No one needs to panic, because you're going to get a vaccine," said Simao, the assistant DG for access to medicines, vaccines and pharmaceuticals.
The WHO co-led Covax facility, a globally-pooled vaccine procurement and distribution effort, has struck agreements with five manufacturers for two billion vaccine doses.
It aims to secure vaccines for 20 percent of the population in each participating country by the end of the year, with funding covered for the 92 lower- and lower-middle income economies involved.

NBA&nbsp;side Golden State Warriors celebrated their&nbsp;local resident and now Vice President of the United States&nbsp;Kamala Harris by presenting her with a custom 

NBA&nbsp;side Golden State Warriors celebrated their&nbsp;local resident and now Vice President of the United States&nbsp;Kamala Harris by presenting her with a custom team jersey. Warriors released a video in which their star&nbsp;Steph&nbsp;Curry presents the first woman Vice President in American history with a framed jersey. Harris has also promised that she'd display the jersey at her new workplace.&nbsp;&nbsp;

China imposed sanctions on nearly 30 former Trump administration officials moments after they left office on Wednesday. In a statement released just minutes after Presi

China imposed sanctions on nearly 30 former Trump administration officials moments after they left office on Wednesday. In a statement released just minutes after President Joe Biden was inaugurated, Beijing slapped travel bans and business restrictions on Trump's secretary of state, Mike Pompeo, national security adviser Robert O'Brien and UN ambassador, Kelly Craft. On Tuesday, Pompeo announced that he had declared China's repression of Muslim ethnic minorities a &ldquo;genocide," possibly opening the door to new US sanctions against Chinese officials.

Two villages in Tamil Nadu erupted in celebrations on Wednesday evening as Kamala Devi Harris took oath as the first woman Vice President of the United States. Harris' 

Two villages in Tamil Nadu erupted in celebrations on Wednesday evening as Kamala Devi Harris took oath as the first woman Vice President of the United States. Harris' maternal grandparents lived in Mannargudi and Thulasenthirapuram-Painganadu villages in Tiruvarur district. The 10-km stretch between the two villages was lined with huge digital banners decorated with flowers and leaves. Crackers were burst and sweets distributed as the villagers waited for the programme to begin. Kamala Harris, born to a Jamaican father and Indian mother, has often talked of her Indian roots and influence of her mother.

As several countries grapple with new, dangerous Covid strains, Oxford scientists are preparing to rapidly produce new versions of their vaccine to combat the new virus

As several countries grapple with new, dangerous Covid strains, Oxford scientists are preparing to rapidly produce new versions of their vaccine to combat the new virus variant, The Telegraph reported on Wednesday. New, more infectious variants of Covid-19 have emerged in the UK, South Africa and Brazil, and have spread to many parts of the world. The team behind the vaccine from Oxford and AstraZeneca is undertaking feasibility studies to reconfigure the technology, the newspaper said. British Prime Minister Boris Johnson said on Wednesday that the nation's medicines regulator will be ready and able to give approval to new versions of Covid-19 vaccines designed to counter new variants of the coronavirus that may appear.

US President Joe Biden hit the ground running on Wednesday as he signed a series of orders reversing many controversial decisions of his predecessor Donald Trump. Top o

US President Joe Biden hit the ground running on Wednesday as he signed a series of orders reversing many controversial decisions of his predecessor Donald Trump. Top of the list is Biden's&nbsp;decision to rejoin the Paris climate accord that Trump junked. He also signed an order making masks mandatory in all federal buildings. The orders signed by the new President included keeping the United States in the World Health Organization, ending the ban on entries from mostly Muslim-majority countries, bolstering environmental protections and strengthening the fight against Covid-19. Also among the directives was a halt to construction of the wall on the US-Mexico border.

Swedish environmental activist Great Thunberg, who is known to have engaged in one too many Twitter spats with outgoing US President Donald Trump, roasted him in his ow

Swedish environmental activist Great Thunberg, who h as engaged in many Twitter spats with former US President Donald Trump, roasted him using his own words. Sharing a picture of Donald Trump taken while he walked out of the White House before Joe Biden&rsquo;s inauguration ceremony, Greta wrote: &ldquo;He seems like a very happy old man looking forward to a bright and wonderful future. So nice to see!&rdquo;&nbsp;
The text of Greta&rsquo;s tweet was borrowed from the one that Trump had posted back in December 2019 to mock the teen activist.

Addressing the nation as the 46th President of the United States, President Joe Biden praised his Vice President Kamala Harris, the first of many in the history of Amer

Addressing his nation as the 46th President of the United States, President Joe Biden praised Vice President Kamala Harris, the first of many in the history of America. Don&rsquo;t tell me things cant change, said President Biden as Vice President Kamala Harris became the first Black American from Asian descent to hold office in the White House. &nbsp;

We will repair our alliance: US President Joe Biden

US President Joe&nbsp;Biden vowed to make amends&nbsp;in the country's foreign policy&nbsp;after four years of Trump's 'America First' approach. In his inaugural&nbsp;speech Biden&nbsp;said his government&nbsp;will repair alliances and engage with the world once again.
&nbsp;

Prime Minister Narendra Modi congratulated Joe Biden on assuming office as the President of the United States, adding that he looks forward to working with him to stren

Prime Minister Narendra Modi congratulated Joe Biden on assuming office as the President of the United States, adding that he looks forward to working with him to strengthen India-US strategic partnership.
In a series of tweets, PM Modi said the India-US partnership is based on shared values and both nations have a&nbsp;substantial and multifaceted bilateral agenda, growing economic engagement and vibrant people to people linkages. The PM said he was committed to working with Biden to take the India-US partnership to even greater heights.

Congress leader Rahul Gandhi congratulated Joe Biden after he was elected as the 46th president of the US on Wednesday. He wrote on twitter&nbsp;congratulating the US&n

Congress leader Rahul Gandhi congratulated Joe Biden after he was elected as the 46th president of the US on Wednesday. He wrote on twitter&nbsp;congratulating the US&nbsp;on a new chapter of their democracy.
Rahul also congratulated Indian-origin Kamal Harris after she took oath as the 49th vice president of the US, creating history as the first female, first Black and first Indian-American to do so.

Kamala Harris, the daughter of immigrants from Jamaica and India, took oath as the new Vice President of the United States at the Capitol on Wednesday, becoming the fir

Kamala Harris, the daughter of immigrants from Jamaica and India, took oath as the new Vice President of the United States at the Capitol on Wednesday, becoming the first Black person, first woman, and first Asian American to serve at the position.&nbsp;

78-year-old Joed&nbsp;Biden&nbsp;become the oldest US president in history of United States at a scaled-back ceremony in Washington that was largely stripped of its usu

78-year-old Joe&nbsp;Biden&nbsp;become the oldest US president in history of United States at a scaled-back ceremony in Washington that was largely stripped of its usual pomp due both to the&nbsp;coronavirus&nbsp;as well as security concerns following the January 6 assault on the US Capitol by Trump supporters.&nbsp;

Donald Trump has discussed the possibility of setting up a new political party, the Wall Street Journal reported on Wednesday. People familiar with the development told

Donald Trump has discussed the possibility of setting up a new political party, the Wall Street Journal reported on Wednesday. People familiar with the development told the newspaper that last week, the outgoing president talked to a number of close aides and allies about forming a new party, which he would like to call the &ldquo;Patriot Party&rdquo; in line with his &ldquo;America First&rdquo; rhetoric.&nbsp;This comes after several political figures from the Republican Party criticized Trump&rsquo;s role in instigating the deadly riots at the US Capitol.&nbsp;

The US Supreme Court on Wednesday received&nbsp;a bomb threat as dignitaries arrived at the US Capitol for Joe Biden's inauguration.&nbsp;A CNN reporter tweeted just le

The US Supreme Court on Wednesday received&nbsp;a bomb threat as dignitaries arrived at the US Capitol for Joe Biden's inauguration.&nbsp;A CNN reporter tweeted just less than two hours before Biden was scheduled to take the oath of office that a bomb threat had been at the Supreme Court.&nbsp;The reporter confirmed that the building was not being evacuated, as NBC News reported that the Supreme Court had been given the all clear.&nbsp;Washington&nbsp;is on high alert, and the Supreme Court is closed for public owing to the Covid-19 pandemic.

Donald Trump walked out of the White House for one last time on Wednesday and headed to Florida, giving a miss to the inauguration event of Joe Biden where he will take

Donald Trump walked out of the White House for one last time on Wednesday and headed to Florida, giving a miss to the inauguration event of Joe Biden where he will take oath as the 46th president of the United States.
In his final remarks before leaving the White House, Trump said it is not a long term goodbye.&nbsp;

Hours before taking oath as the 46th US president, Democratic Joe Biden&nbsp;tweeted, saying it's a new day in America.&nbsp;
Despite flouting most of the conventions 

Hours before taking oath as the 46th US president, Democratic Joe Biden&nbsp;tweeted, saying it's a new day in America.&nbsp;
Despite flouting most of the conventions associated with the peaceful transfer of power, Donald Trump did abide by one presidential norm &mdash; leaving the traditional note to&nbsp;Biden in the Oval Office, according to a White House official.
It was not clear what the letter said.

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China's 'water bottle' tycoon dethrones Ambani as Asia’s richest man

Dec 31, 2020 08:58 IST

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