On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Efforts by Bern to refresh free trade agreement with China have hit roadblocks stemming from China’s dismal human rights record. In 2013, both countries had signed a free trade agreement, marking Beijing’s first such deal with an economy in continental… Read More ›
In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
The software industry is staging a powerful recovery as investors reassess the long-term impact of artificial intelligence on enterprise technology companies. After months of warnings that AI-powered coding tools could undermine traditional software business models, a series of strong earnings… Read More ›
Global investors returned to equity markets as enthusiasm surrounding artificial intelligence and technology earnings helped revive risk appetite, reversing a brief period of caution that had unsettled financial markets. Fresh inflows into global stock funds highlighted the growing influence of… Read More ›
India’s central bank is preparing to broaden the role of the digital rupee beyond its current pilot phase, with plans to expand its use in welfare programmes and explore its potential in international payments. The initiative reflects a broader effort… Read More ›
Artificial intelligence is rapidly transforming the pharmaceutical industry, but the companies embracing the technology most aggressively are not always the largest drugmakers. Industry executives and researchers increasingly observe that smaller biotechnology firms are often moving faster to integrate AI into… Read More ›
The economic consequences of the Iran conflict may extend far beyond energy markets and geopolitical tensions, with new research suggesting that euro zone consumers are reacting to the crisis more quickly and more intensely because of lingering memories from previous… Read More ›
Tesla’s aggressive push toward fully autonomous driving is facing increasing scrutiny not only from regulators and safety researchers but also from former employees who worked directly on the company’s artificial intelligence systems and reviewed thousands of real-world driving incidents involving… Read More ›
Global financial markets retreated from recent record highs as renewed military tensions in the Gulf region unsettled investors who had increasingly hoped that easing geopolitical risks would help stabilize inflation, energy markets, and central bank policy expectations. The pullback reflected… Read More ›
India’s vast network of Global Capability Centres is rapidly evolving from a back-office support system into a central engine of artificial intelligence innovation for multinational corporations, reshaping how global businesses deploy AI across industries ranging from healthcare and retail to… Read More ›
Gold prices have fallen to their lowest levels in months as investors increasingly question the metal’s ability to function as a reliable inflation hedge during a period of rising interest rates, elevated energy costs, and renewed geopolitical uncertainty. The decline… Read More ›
Rising energy costs are once again placing pressure on European households and governments as renewed geopolitical instability disrupts global oil and gas markets, exposing the region’s continuing dependence on imported fuel supplies. In Britain, regulators have warned that household utility… Read More ›
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