China’s export and import growth in January-February exceeded estimates, indicating a turning point in global trade and providing policymakers with a positive signal as they work to support a faltering economic recovery. With the Asian economies benefiting from a spike… Read More ›
Entrepreneurship
Why Are Private Equity Groups No Longer That Interested In The Retail Industry
Between the 1990s and the beginning of the 2010s, private equity firms poured billions of dollars on major U.S. retailers, apparel and accessory brands, and food chains, completely changing the consumer sector. However, the major players in the industry, like… Read More ›
World Bank Will Streamline Investment Guarantees And Loans With An Annual Target Of $20 Billion
In an effort to increase private investments in renewable energy in poor nations, the World Bank Group announced on Wednesday that it would be consolidating its loan and investment guarantee structure. The goal is to triple the organization’s annual guarantees… Read More ›
Western Nations Quarrel Over Russian Assets at the G20 Financial Summit
In an attempt to put aside their intense geopolitical differences, G20 finance ministers discussed the difficulties facing the global economy on Wednesday, and Western nations sparred about how to handle frozen Russian assets. In order to address concerns like poverty… Read More ›
‘FOMO’ Sparks The Largest Monthly Rise Since Late 2020 As Bitcoin Hits $60,000
Encouraged by inflows into new U.S. spot bitcoin exchange traded products, which have pushed it up almost 40% in February, bitcoin climbed for a fifth day on Wednesday, approaching $60,000, marking its greatest monthly advance since December 2020.The most recent… Read More ›
European Automakers Pressure Suppliers On Prices In Response To Chinese EV Competitors
In order to compete with its leaner Chinese rivals who are releasing cheaper vehicles to compete with them on their home ground, Europe’s automakers and their already overworked suppliers are in for a challenging year as they scramble to reduce… Read More ›
Plans For Qatar’s Future LNG Expansion Aim To Oust US And Foreign Competitors
Market analysts predict that by 2030, Qatar’s anticipated increase in its production of liquefied natural gas (LNG) may give them about a quarter of the world market, driving out competing projects, even in the US, where President Biden has halted… Read More ›
This Year, Smartphone Behemoths Like Samsung Will Tout Their “AI Phones”; These Are The Implications
This year, artificial intelligence (AI) phones will probably be all the rage as smartphone manufacturers try to capitalise on the excitement around AI to increase sales of their products following a challenging period. With its introduction in late 2022, OpenAI’s… Read More ›
By The End Of This Decade, Electric Air Transportation Is Expected To Take Off With The Delivery Of Goods, Ambulances And Taxis
Electric air transport vehicles, hailed as the mobility of the future for cities, were on display at the Singapore Airshow among displays of defence jets, passenger aeroplanes and cutting-edge aviation technology. Electric vertical take-off and landing, or eVTOL, vehicles are… Read More ›
Japan Accepts Taiwan’s Assistance On The Protracted Path To The Chip Rebirth
On Saturday, chipmaker TSMC will officially open its first plant in Japan, underscoring the Taiwanese company’s pivotal position in Tokyo’s multibillion-dollar attempts to revive its once-dominant semiconductor manufacturing sector. Tokyo’s rising anxiety over China’s expanding technological superiority and the Taiwan… Read More ›