The primary organisation that monitors coral reefs said on Thursday that during the previous year, heat stress severe enough to cause bleaching has been experienced by about two-thirds of the world’s coral reefs. The world’s coral reefs are currently experiencing… Read More ›
As geopolitical tensions rise, Beijing’s efforts to internationalise the yuan are making progress. On Friday, the president of Hong Kong’s de facto central bank said that the city will let mainland China’s experimental digital currency to be used in local… Read More ›
The European Union launched a significant inquiry into Facebook parent firm Meta on Thursday for allegedly breaking the rigorous internet content regulation in the region due to potential dangers to children’s safety. Investigating if the social media giant’s Facebook and… Read More ›
Managing director of Peak XV Partners, previously Sequoia Capital India & Southeast Asia, Shailendra Singh, stated that India provides a “very favourable” climate for businesses to initiate initial public offerings. “My general opinion is that the regulatory framework, the work… Read More ›
The latest tariffs imposed by the Biden administration on Chinese electric vehicles and other vital industries are intended to safeguard American industry going forward, but they will probably hasten China’s production move from China to Mexico, Vietnam, and other countries… Read More ›
In terms of predictions for this year’s global oil demand outlook, the International Energy Agency (IEA) widened the difference with oil producer organisation OPEC on Wednesday by lowering its projection for oil demand growth in 2024. The split between OPEC… Read More ›
According to sources, the Biden administration is preparing to launch a new front in its fight against China and Russia by erecting barriers around the most sophisticated AI models. Researchers from the public and commercial sectors are concerned that adversaries… Read More ›
According to a Reuters poll, Japan’s economy shrank by an annualised 1.5% in the January–March quarter as all major growth drivers declined as a result of an unclear outlook. This will likely impede the Bank of Japan’s efforts to raise… Read More ›
With poor sales from fast food chains like McDonald’s and Starbucks this week, multinational fast food titans may need to provide more aggressive discounts to entice inflation-affected consumers who are choosing to eat at home more and more. The United… Read More ›
The competition authority in India is investigating claims that Pernod Ricard of France conspired with New Delhi shops to increase market share. This is the latest setback for the world’s largest spirits company in a crucial country, as revealed by… Read More ›
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