In order to meet our climate commitments, sales of electric cars must surge. However, EV sales are declining in the West, and governments may need to sacrifice their own economies in order for them to rebound. The experience is familiar… Read More ›
Regulations & Legal
Shareholders Approve Boeing CEO’s $33 Million Compensation
The plan for the aircraft manufacturer to give departing CEO Dave Calhoun a roughly $33 million compensation package in 2023 has received approval from shareholders. The proposal, which has garnered criticism as the airline deals with a crisis triggered by… Read More ›
New Survey Reveals Decoupling From China Could Be Impossible As It Is A Crucial Global Supplier
According to a trade research by Allianz Trade, efforts for a complete decoupling remain “difficult, if not impossible,” with China continuing to be a “critical supplier” to the global economy. European businesses are optimistic about their prospects in China despite… Read More ›
Hong Kong Permits Local Stores To Accept China’s Digital Yuan
As geopolitical tensions rise, Beijing’s efforts to internationalise the yuan are making progress. On Friday, the president of Hong Kong’s de facto central bank said that the city will let mainland China’s experimental digital currency to be used in local… Read More ›
Under A Broad EU Tech Legislation, Meta Hit With A Child Safety Investigation
The European Union launched a significant inquiry into Facebook parent firm Meta on Thursday for allegedly breaking the rigorous internet content regulation in the region due to potential dangers to children’s safety. Investigating if the social media giant’s Facebook and… Read More ›
Peak XV Declares India To Be “Very Favourable” For IPOs Due To The Country’s Robust Economy And Investor Mood
Managing director of Peak XV Partners, previously Sequoia Capital India & Southeast Asia, Shailendra Singh, stated that India provides a “very favourable” climate for businesses to initiate initial public offerings. “My general opinion is that the regulatory framework, the work… Read More ›
Biden’s New Tariff Wall Against China Might Seep Via Vietnam And Mexico
The latest tariffs imposed by the Biden administration on Chinese electric vehicles and other vital industries are intended to safeguard American industry going forward, but they will probably hasten China’s production move from China to Mexico, Vietnam, and other countries… Read More ›
What Dangers May Sophisticated AI Models Bring If Misused?
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 ›
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 ›
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