After a wave of COVID-19 infections spread through China more quickly than anticipated as a result of the abandoning of pandemic restrictions, the country’s economic activity turned back to growth in January. The first comprehensive data to demonstrate how rapidly… Read More ›
Due to “surprisingly resilient” demand in the United States and Europe, declining energy prices, and the reopening of China’s economy after Beijing lifted its tight COVID-19 restrictions, the International Monetary Fund on Tuesday modestly upped its projection for global growth… Read More ›
United States Federal prosecutors are trying to prevent convicted FTX co-founder Sam Bankman-Fried from using encrypted messaging software, mentioning attempts that could “constitute witness tampering,” according to a letter filed in Manhattan federal court recently. Bankman-Fried contacted the “current General Counsel… Read More ›
According to health policy experts, the World Health Organization will try to force for an enlarged role in addressing the next global health emergency after COVID-19 at its board meeting this week, but it is still looking for answers regarding… Read More ›
According to third-party research firms, China’s smartphone sales fell 13% to their lowest level in a decade in 2022 as COVID controls and a slowing economy sapped consumer appetite. In total, 286 million devices were shipped, down from 329 million… Read More ›
There has been some forward movement in controlling continued high inflation in the United States as is being viewed by policymakers at the Federal Reserve which has virtually sealed their strategy of hiking interest rates by a quarter percentage point next… Read More ›
According to a statement from the apparel and fast fashion giant H&M, rising expenses had reduced its profits, making it the latest fast-fashion brand to be impacted by high inflation which has forced consumers to cut back on spending. At the same time, LVMH and… Read More ›
The rapid adoption of electric vehicles in India’s emerging market has prompted a major rethinking of the country’s long-term fuel requirements, as refiners in Asia’s third-largest economy accelerate their shift away from oil production. India, one of the world’s fastest… Read More ›
Toyota’s CEO will step down as CEO of the company his grandfather founded on Thursday, handing over to the head of its Lexus luxury brand as the Japanese conglomerate struggles to meet the transition to electric vehicles. Koji Sato, the… Read More ›
An Australian climate technology start-up that is focused on bringing down the methane that is emitted through cow burps has got captured the attention of the billionaire Bill Gates who has invested in the start-up. Apart from carbon dioxide (CO2),… Read More ›
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