A prominent government scientist from China said on Saturday that the probability of a large Covid-19 uptick in China within the next two or three months is distant because 80% of individuals in the country have already been infected by the virus. The… Read More ›
Regulations & Legal
Adani Group Of India Intends To Demerge More Businesses While Dismissing Concerns Over Its Debt Levels
India’s Adani Group, led by billionaire Gautam Adani, has stated that it intends to spin off more businesses by 2028 and dismisses any debt concerns. According to Chief Financial Officer Jugeshinder Singh, the corporate house intends to spin off or… Read More ›
In A Rare January Launch, Apple Introduces MacBooks With New M2 Chips
In a surprise launch weeks ahead of schedule, Apple Inc. unveiled MacBooks powered by its new and faster M2 Pro and M2 Max chips on Tuesday. The use of Apple’s latest versions of the M2 chip, which debuted last year,… Read More ›
Netflix Is Expected To Have The Slowest Revenue Growth As Its Ad Plan Struggles To Gain Traction
Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in a crowded U.S. market, putting pressure on the company to reduce content spending this year. The streaming pioneer… Read More ›
Gold Prices Expected To Surge To New Highs As Interest Rates Rises Slated To Stop
According to industry analysts, gold prices will rise to record highs above $2,000 per ounce this year, albeit with some turbulence, as the United States slows and eventually stops raising interest rates. Spot gold prices have risen above $1,900 per… Read More ›
Travelling During China’s Lunar New Year Provides A Catalyst Of Economic Recovery From The COVID Crisis
On Tuesday, urban workers crammed train stations across China’s largest cities as the country’s mass migration for Lunar New Year holidays kicked into high gear, an early sign of economic recovery as officials confirmed a historic drop due to COVID-19… Read More ›
UK Economy Grew Faster Than Expected In November
Official figures show that the UK economy unexpectedly expanded in November, aided by a boost from the World Cup. The economy grew by 0.1%, aided by demand for services in the technology sector and despite rising prices putting pressure on… Read More ›
Sale Of Russian Cars Plummet By 58.8% In 2022 Due To Sanctions
Car sales in Russia will fall by 58.8% in 2022, according to the Association of European Businesses (AEB), as the industry grapples with the impact of Western sanctions on Moscow. Following the imposition of sanctions over Moscow’s military actions in… Read More ›
Review Of The UK’s ‘Golden Visas’ Reveals The Risk Of Linkage To Illicit Money
According to the British government, a small number of people who obtained so-called “golden visas” for wealthy investors may have obtained their wealth through corruption or other illegal financial activity. In the days before the invasion of Ukraine, the government… Read More ›
JPMorgan Predicts 1% Growth In the Australian Economy From China’s Reopening
According to JPMorgan, the end of China’s zero-covid policy over the next two years could benefit Australia’s economy significantly. “China’s shift toward an earlier reopening raises the question of potential implications for the Australian economy,” JPMorgan’s chief investment strategist Tom… Read More ›