Companies across Europe have been forced to lay off workers or stop hiring due to decades of high prices and the impact of the Ukraine war. Since January, the following companies have announced layoffs: AUTOS * STELLANTIS: the manufacturer of… Read More ›
US President Joe Biden met with the CEOs of leading artificial intelligence companies, including Microsoft and Alphabet’s Google, and emphasised the importance of ensuring the safety of their products before they are deployed. This year’s buzzword has been generative artificial… Read More ›
The U.S. microchip export restrictions put in place last year to halt China’s development of supercomputers used to create nuclear bombs and ChatGPT are barely making a dent in the country’s IT industry. The regulations banned shipments of Nvidia Corp…. Read More ›
Exports from South Korea saw their worst losing streak in three years in April, falling for a seventh straight month. This sustained decline in sales to China suggests that the economy is still under constant pressure from weak global demand…. Read More ›
Due to the turmoil that has erupted in Sudan, manufacturers of consumer goods from around the world are scrambling to replenish supplies of gum arabic, one of the nation’s most in-demand goods and an essential component of everything from fizzy… Read More ›
According to Chinese state media, China’s top leaders said Friday during a regular meeting that domestic demand is still insufficient. The judgement came after China announced 4.5% GDP growth in the first quarter, which prompted several investment firms to boost… Read More ›
Indermit Gill, the chief economist at the World Bank, is urging new strategies to deal with the growing debt issue that is affecting many nations, including measures to take into account domestic borrowing when determining a country’s debt sustainability. According… Read More ›
On Sunday, the United States said that it had exchanged intelligence with European bankers, government representatives, and business executives in order to crack down on Russia’s attempts to circumvent Western sanctions. In order to encourage more effective enforcement of the… Read More ›
The era of extravagant, high-flying business travel may be coming to an end. Business travel will never resume normal operations, according to a recent analysis by the research firm Morning Consult. According to the paper titled “Business, but Not as… Read More ›
In order to promote the economy and safeguard the environment, Chilean President Gabriel Boric declared on Thursday that he would nationalise the massive lithium sector of the nation. The shocking declaration is the most recent example of a pattern in… Read More ›
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