After a robust start to 2024, wet weather contributed to Britain’s economic growth slowing down in April. The opposition Labour Party used this information to criticise Prime Minister Rishi Sunak’s pre-election assertions of a turnaround. The Office for National Statistics… Read More ›
The government of President Joe Biden announced on Friday that it has stepped up its purchases of crude oil to restock the Strategic Petroleum Reserve in the wake of its historic 2022 stockpile auction. Two bids were released by the… Read More ›
In China, Ozempic is a huge company. The diabetic medication was sold in the nation twice as much by the Danish pharmaceutical behemoth Novo Nordisk last year, for a total of about $700 million, or 5% of Ozempic’s worldwide sales…. Read More ›
The United States economy created considerably more jobs in May than anticipated, allaying concerns about a downturn in the labour market and possibly lessening the Federal Reserve’s incentive to cut interest rates. The Labour Department’s Bureau of Labour Statistics announced… Read More ›
According to European banking executives, the rise in artificial intelligence will make banks more reliant on large US tech companies, posing new threats to the sector. Since the release of OpenAI’s popular chatbot ChatGPT in late 2022, banks have been… Read More ›
According to a global EY survey, more than half of whistleblowers have experienced pressure not to utilise internal hotlines to report suspicious activity at major international corporations and government agencies. Since a previous poll in 2022, the number of firms… Read More ›
More than $18 billion worth of cryptocurrency has been transferred to a new kind of platform that pays investors for locking up their tokens. Analysts worry that this intricate plan puts consumers and the cryptocurrency market at danger. As cryptocurrency… Read More ›
560 million Ticketmaster customers’ personal information is allegedly in the possession of a bunch of hackers. The gang claiming responsibility, ShinyHunters, claims that partial credit card details, phone numbers, addresses, and names of Ticketmaster users worldwide are among the stolen… Read More ›
Over the course of the last month, Japanese officials intervened in the foreign exchange market to strengthen the yen, spending 9.79 trillion yen ($62.23 billion). While these actions prevented the currency from falling further, they are unlikely to stop longer-term… Read More ›
Building on the protections put in place after taxpayers were forced to bail out bankers during the global financial crisis more than ten years ago, the European Union said on Thursday that it has granted final clearance to implement the… Read More ›
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