The United States increased its ban on the export of high-end Nvidia and Advanced Micro Devices (AMD) artificial intelligence chips outside of China to other regions, including some Middle Eastern nations. The limits, which affect Nvidia’s A100 and H100 processors… Read More ›
Uber, a ride-hailing company, launched its first electric motorbike service in Africa on Thursday in Kenya as part of its effort to make its worldwide platform emissions-free by 2040. According to Kagiso Khaole, Uber’s general manager for sub-Saharan Africa, the… Read More ›
The Japanese government said on Tuesday that it believed the country’s economy was close to emerging from a protracted period of stagnation and that Japan may be at a turning point in its 25-year struggle with deflation as price and wage… Read More ›
Despite increasing logistics costs as a result of the wartime export problem, Ukrainian farmers are not anticipated to cut the amount of winter wheat they sow for the 2024 harvest, a senior farming official told Reuters on Tuesday. Ukraine is… Read More ›
As long as inflation is “too high,” according to the chairman of the US Federal Reserve, interest rates will continue to be raised. At a yearly gathering of central bankers, Jerome Powell stated that the rate of price increases had… Read More ›
In contrast to official numbers from Beijing that have been criticised as being too low, a U.S. investigation indicated that there were about 2 million additional fatalities in the two months after China dropped its “zero-Covid” limits. According to a… Read More ›
According to three sources with knowledge of the situation, some international businesses intending to leave Russia are seeing a significant increase in costs as a result of Moscow’s increased demands for price reductions on the assets they wish to sell…. Read More ›
Although oil trades have occasionally been resolved in the Chinese yuan, Russian ruble, or Indian rupee, the concept of “de-dollarization” — or shifting away from the U.S. dollar to settle trades in other currencies — is still a long way… Read More ›
At the end of 2022, it was announced that French investment house Ardian was to become the very first European-rooted firm to sign up to Ownership Works, a US nonprofit set up to encourage profit sharing and employee ownership. A… Read More ›
As part of negotiations for a free trade agreement with the European Union, Australia’s Trade Minister Don Farrell has offered easier access to the country’s enormous key minerals industry in anticipation of potential future negotiations as early as next week…. Read More ›
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