THE GLOBE INVEST

                                                            Saudi Crown Prince Mohammed bin Salman bin Abdulaziz on Monday (April 2) unveiled the Vision 2030 Hyperloop Pod, further cementing the commitment between the kingdom and Virgin Hyperloop One to bring hyperloop technology to Saudi Arabia. Virgin Hyperloop One (VHO), the only company in the world that has built a fully operational hyperloop system, is set to accelerate the realisation of transformative technology and work with Saudi Arabia in becoming a global powerhouse of trade and innovation, said senior executives from VHO who hosted Crown Prince Mohammed at the Virgin Galactic test site in the Mojave desert. During the visit, VHO and Crown Prince Mohammed discussed how the hyperloop-enabled transportation sector in Saudi Arabia will stimulate economic growth and di...

                                    Japanese government officials are bracing for Donald Trump to get tough in trade talks, and are particularly anxious that the U.S. president could target Prime Minister Shinzo Abe’s weak-yen policies. Japanese officials say they will resist two-way trade deals with the United States at the summit, even if that reduces the chance of gaining exemptions for Washington’s recently introduced steel and aluminum tariffs.  Trump temporarily excluded six trade partners, including Canada, Mexico and the European Union from these import duties. South Korea avoided tariffs but at a cost of agreeing to export quotas. There are now major questions about whether the Japanese multilateral approach will be good enough for Trump. The U.S. Trade Representative last week criticized what it said were non-tariff barriers to the Japanese car market and called for grea...

                                               The legal cannabis industry is a unique prospect for those looking for a potentially lucrative investment opportunity. In 2017, sales in the US state of Colorado reached $1bn in just eight months, a 21 percent increase from the same period in the previous year. According to Statistics Canada, Canadians spent around CAD 5.7bn ($4.5bn) on both medical and non-medical cannabis in 2017, with numbers expected to swell when the latter is legalised in July this year. Given the lack of significant cannabis management expertise in the industry, having an experienced team really sets MJardin apart Canada being the first major economy to make cannabis federally legal is huge news for this high-value commodity. A 2016 report by Deloitte estimates that the market, which includes tourism revenue, licence fees and business tax...