According to sources, the Biden administration is preparing to launch a new front in its fight against China and Russia by erecting barriers around the most sophisticated AI models. Researchers from the public and commercial sectors are concerned that adversaries… Read More ›
Regulations & Legal
Due To Low Spending, The Japanese Economy Is Predicted To Contract In Q1 – Reuters Survey
According to a Reuters poll, Japan’s economy shrank by an annualised 1.5% in the January–March quarter as all major growth drivers declined as a result of an unclear outlook. This will likely impede the Bank of Japan’s efforts to raise… Read More ›
With More Customers Eating At Home, US Fast-Food Restaurants May Need To Step Up Their Advertising
With poor sales from fast food chains like McDonald’s and Starbucks this week, multinational fast food titans may need to provide more aggressive discounts to entice inflation-affected consumers who are choosing to eat at home more and more. The United… Read More ›
Indian Antitrust Regulator Investigates Whether Pernod Conspired With Shops In New Delhi.
The competition authority in India is investigating claims that Pernod Ricard of France conspired with New Delhi shops to increase market share. This is the latest setback for the world’s largest spirits company in a crucial country, as revealed by… Read More ›
Foreign Investment In The UK Financial Industry Falls By 50% In 2023, According To The City Of London
Foreign investment in Britain’s financial and professional services will be cut in half to one billion pounds ($1.25 billion) by 2023, according to the City of London, despite the fact that the UK remains a top worldwide destination. The industry… Read More ›
Experts And Politicians Demand For Monitoring Of Venezuela’s Usage Of Cryptocurrencies
Venezuela’s usage of digital currencies, which is anticipated to expand after the US imposed a suspension of oil trade with the sanctioned country by May 31, would need increased oversight by regulators and law enforcement, experts warned on Monday. Venezuela’s… Read More ›
The Oil Price Cap Imposed On Russian Oil Is Not Useful, Say Western Insurers
A group of Western insurers has stated that a Russian oil price ceiling has become unenforceable, forcing more ships to join a shadow fleet, in one of the toughest rebukes to the move intended to reduce income to the Kremlin…. Read More ›
Despite Their Economic Problems, Chinese Consumers Spend More On Colgate And Diapers.
Executives at the companies that produce these goods claim that despite customer concerns over the nation’s failing economy and real estate crisis, Chinese consumers are spending somewhat more on diapers and select Colgate toothpastes. Consumer packaged goods firms have seen… Read More ›
Second Worldwide AI Safety Summit: Challenging Issues And Decreased Attendance
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 ›
G7 Agrees To Stop Using Coal By 2035
In a major move away from fossil fuels, the energy ministers of the affluent Group of Seven (G7) countries agreed to close their coal-fired power facilities by 2035 at the latest. According to a video uploaded on X, Britain’s minister… Read More ›