The world’s first global AI Safety Summit was held in Britain’s Bletchley Park last year, bringing together a who’s who of world leaders, business executives, and academic specialists in the hopes of reaching an agreement on the regulation of a… Read More ›
Entrepreneurship
World Economy Is Expected To Continue Expanding Throughout The Year
In defiance of prior predictions of a downturn, the global economy is expected to maintain its strong momentum for the remainder of the year and into 2025, according to a Reuters survey of analysts who felt that faster growth than… Read More ›
Plans For Factories In Mexico And India Are In Jeopardy Due To Tesla’s Push Towards Affordable Automobiles
It is unlikely that Tesla would make investments in new plants in Mexico or India anytime soon because the company has stated that it will use its current facilities to produce new, more inexpensive vehicles as early as late this… Read More ›
Bitter China Aspirations Compel Western Financial Institutions To Make Cost Reductions
A few years ago, Western financial firms—from asset management to investment banking—were in a mad rush to establish global presences and hire top personnel in China due to the country’s rising economy and attractive economic opportunities. But many of the… Read More ›
Despite Global Challenges, The ECB Governors Continue To Prepare For Numerous Rate Reduction
Officials from the European Central Bank are sticking to their intentions to drop interest rates several times this year, despite the fact that rising US inflation is delaying the US Federal Reserve’s shift to a looser monetary policy and Middle… Read More ›
Market Value Of China Xiaomi Increased By $7.6 Bln Since Its EV Launch, Higher Than GM And Ford
The electronics manufacturer Xiaomi’s fast electric automobile, which was introduced last week, attracted a lot of interest, and shares of the company rose as much as 16% on Tuesday. However, a stockbroker predicted the company would lose about $10,000 on each car… Read More ›
Just Days After Going Public, Stocks Of DJT, Ticker For Trump’s Truth Social, Tumbles Down
There was a 20%+ decline in the shares of Donald Trump’s social networking company, which was listed under the DJT ticker less than a week ago. The decline follows the announcement by Trump Media & Technology Group that it lost… Read More ›
Salesforce And Microsoft Try To Convince CFOs To Spend Money On New Generative AI Tools
There is growing optimism regarding the transformative potential of generative artificial intelligence. We’re only getting started with this AI computing ramp, as Nvidia CEO Jensen Huang recently stated to CNBC’s Jim Cramer following the announcement of a new generation of… Read More ›
Huawei’s Profit Increased Two Folds In 2023 As Sales Of Smartphones And Cars Increased
Huawei, a Chinese telecoms giant, reported on Friday that improved product offerings contributed to a more than doubled net profit for 2023. The corporation further ascribed the profit increases to a 9.6% yearly increase in revenue, or 704.2 billion yuan… Read More ›
The Thousands Of Gold Refiners In India Has New Rivals
He and his company, carrying on the legacy of his father and grandparents, buy scrap gold from jewellers, melt it down, and resell it to them as gold bars. His refineries are located in Tiruchirappalli, Tamil Nadu, and Kochi, the… Read More ›