Vladimir Putin, the president of Russia, issued a warning to Washington on Sunday, stating that if Washington placed long-range missiles in Germany, Russia would place missiles of a similar design within striking reach of the West. In anticipation of a… Read More ›
Month: July 2024
Mitsubishi Motors Will Join The Honda-Nissan Alliance
According to the Nikkei newspaper on Sunday, Japan’s Mitsubishi Motors is going to become a part of an alliance between Nissan Motor and Honda Motor, forming a partnership between manufacturers with a combined sales volume of over 8 million cars…. Read More ›
Fed’s Primary Inflation Measure Increased 2.5% In June Over The Previous Year, Easing The Rate-Cutting Path
A key US Federal Reserve indicator revealed in June that inflation had somewhat decreased from a year earlier, paving the path for the much-anticipated interest rate drop in September. According to Dow Jones estimates, the personal consumption expenditures price index… Read More ›
G20 Decides To Address Super-Rich Taxes, But The Forum Has Not Yet Been Determined
A deeper debate about the appropriate platform to advance the agenda was covered up by the first-ever unified declaration by G20 finance chiefs on Friday, wherein they pledged to work in order to properly tax the world’s richest fortunes. The… Read More ›
Colgate-Palmolive Improves Its 2024 Projections Citing Solid Demand
Colgate-Palmolive, a manufacturer of toothpaste, increased its projections for organic sales and yearly profit on Friday. This came after the company’s high-priced products continued to outpace second-quarter predictions. In comparison to a 16% increase in the previous year, organic sales… Read More ›
How Visa Used AI To Thwart $40 Billion In Fraud But Con Artists Also Utilise The Technology
James Mirfin, global head of risk and identity solutions at Visa, told CNBC that the payment giant is utilising AI and machine learning to combat fraud. Between October 2022 and September 2023, the business stopped $40 billion worth of fraudulent… Read More ›
Why Is There Such A Strong Worldwide Demand For Self-Storage?
It’s easy to understand why company is flourishing as you stroll through the endless hallways of Apple Storage in downtown Toronto. Hundreds of candles are being packaged and prepared for shipping around the globe behind one metal shutter, while an… Read More ›
How Energy Usage Might Change As A Result Of Germany’s Hydrogen Economy
This week, German utility EnBW committed to spending one billion euros ($1.08 billion) to construct clean hydrogen pipes as part of a national grid that would begin to operate commercially by 2032. Germany is placing its bets on green hydrogen… Read More ›
As Sanctions Impede Bilateral Trade Settlements, China And Russia Are Turning To Digital Payments
Digital platform Qifa told Reuters that while certain settlements directly through banks are taking months to clear owing to sanctions, the rising usage of digital assets in cross-border settlements between Russia and China is easing bilateral payment concerns. Chinese-owned Qifa… Read More ›
Though Certain Partnerships Face Obstacles, Europe Welcomes Money From The Middle East
There has been a recent upsurge in dealmaking between the areas, as evidenced by Abu Dhabi’s ADNOC’s aim to acquire German chemical producer Covestro for 11.7 billion euros ($12.74 billion). This would be the largest European purchase by a Middle… Read More ›