The biggest value currency note currently in use in India will be discontinued, the central bank announced on Friday. The 2016-released 2000-rupee note will continue to be accepted as legal money, however individuals are urged to deposit or trade these… Read More ›
General Motors has stated that it will have the capacity to create one million electric vehicles in North America by 2025, but a delayed ramp-up of its three U.S. battery operations could limit actual EV production to less than 600,000… Read More ›
According to a person with direct knowledge of the negotiations, Tesla Inc. has spoken with officials regarding incentives granted by India for the manufacture of cars and batteries as the automaker reconsiders its entry into the Indian market. According to… Read More ›
Using artificial intelligence to tamper with election integrity is a “significant area of concern” that requires regulation, said the CEO of OpenAI, the startup behind ChatGPT, told a Senate hearing on Tuesday. “I am nervous about it,” CEO Sam Altman said… Read More ›
Member states if the European Union approved the world’s first complete set of laws to regulate cryptoassets on Tuesday, putting pressure on countries such as the United Kingdom and the United States to come up. An EU finance ministers meeting… Read More ›
Following adjustments imposed as part of a broader campaign to minimise wealth disparity, China’s securities regulator and central bank reduced budget allocation for staff pay in 2023. The China Securities Regulatory Commission (CSRC) budget report for 2023 was released on… Read More ›
According to a final draft of its communiqué, finance leaders of the Group of Seven (G7) leading nations set a year-end goal for establishing a new programme to diversify global supply chains and committed to fix regulatory holes in the… Read More ›
US Treasury Secretary Janet Yellen said on Saturday that a showdown over raising the US debt ceiling would be “more difficult” than in the past, but she remained optimistic that a solution could be found to avoid a first-ever US… Read More ›
If the United States fails to strike an agreement to extend its debt ceiling and its GDP is “knocked off track,” it would be “absolutely devastating”, British Finance Minister Jeremy Hunt warned on Saturday . Hunt told reporters that the… Read More ›
VinFast, a Vietnamese electric vehicle manufacturer, announced on Friday that it will list in the United States through a combination with special purpose acquisition company (SPAC) Black Spade Acquisition Co. The move comes after the firm said last month that… Read More ›
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