According to a senior executive, Samsung Electronics is aiming to increase repeat purchases from its 175 million Indian customers through a new cashback credit card in an effort to increase sales in the crucial market where it was once the… Read More ›
Regulations & Legal
McDonald’s Raises Prices In Japan Due To Rising Input Costs And A Declining Yen
Due to fluctuating exchange rates and rising input costs, Japan’s McDonald’s fast food restaurants will increase prices on about 60% of their menu items, the company announced on Monday. It is the company’s second round of price increases this year… Read More ›
According To Steve Hanke, The Likelihood Of A US Recession Has Increased To 80%
According to Steve Hanke, a professor of applied economics at Johns Hopkins University, there is an 80 per cent chance that the United States will experience a recession, which is significantly higher than previously anticipated. According to the September Fed… Read More ›
Microsoft Claims That Employers Believe Employees Work Less From Home
According to a significant new Microsoft survey, managers and employees have fundamentally different opinions about productivity when working from home. Bosses question whether remote work is equally productive as being in the office. While 87 per cent of employees believed that… Read More ›
Aviation Executives Caution That The Cost Of Airline Tickets Could Increase Further
According to William Walsh, the director-general of the International Air Transport Association, the cost of airline tickets may increase due to a lack of refining capacity and the airlines’ financial situation (IATA). According to Walsh, the airline industry is “concerned”… Read More ›
Germany Nationalizes Gas Company Uniper Is Rushing To Secure Supplies
On Wednesday, Germany confirmed the nationalization of struggling gas importer Uniper at a cost of 8 billion euros ($7.9 billion), as it scrambled to secure power for Europe’s largest economy after Russia cut supplies. Nationalizing Germany’s largest importer of Russian… Read More ›
UN Secretary-General Calls For A Higher Tax On Fossil Fuel Profits And Declares That “Polluters Must Pay”
According to the U.N. secretary general, developed nations should impose an additional tax on the profits of fossil fuel companies, with the money going toward helping households dealing with the cost of living crisis and nations affected by climate change…. Read More ›
Traders Take Home Profits Since Major Ethereum Network Upgrade As Ether Drops 15%
Since the Ethereum network, the technology that underpins ether and other cryptocurrencies, underwent a significant upgrade known as the merge, ether has declined more than bitcoin. Blockchain technology called Ethereum makes it possible for programmers to create apps on top… Read More ›
EV Manufacturer Xpeng From China Releases A Semi-Autonomous Driving System Competitor To Tesla’s
The Chinese start-up revealed that it was testing a function called City NGP, short for navigation guided pilot. According to Xpeng, City NGP will enable the car to carry out a “full range of driving tasks,” such as maintaining a… Read More ›
Following An Arkansas College Football Game, Beyond Meat COO Doug Ramsey Was Detained For Allegedly Biting A Man’s Nose
Doug Ramsey, the chief operating officer of Beyond Meat, was detained this past weekend after being accused of biting a man’s nose in a parking garage in Arkansas after a college football game. Ramsey, 53, was arrested on suspicion of… Read More ›