In an attempt to put aside their intense geopolitical differences, G20 finance ministers discussed the difficulties facing the global economy on Wednesday, and Western nations sparred about how to handle frozen Russian assets. In order to address concerns like poverty… Read More ›
Regulations & Legal
Amid Record Highs, Foreign Investors Pull Out Of Japanese Stocks
After several strong foreign capital inflows into Japanese stocks in the preceding weeks, there was a minor outflow last week. Exchange data shows that foreign investors pulled out a net 2.83 billion yen (about $19 million) from Japanese stocks in… Read More ›
European Automakers Pressure Suppliers On Prices In Response To Chinese EV Competitors
In order to compete with its leaner Chinese rivals who are releasing cheaper vehicles to compete with them on their home ground, Europe’s automakers and their already overworked suppliers are in for a challenging year as they scramble to reduce… Read More ›
Plans For Qatar’s Future LNG Expansion Aim To Oust US And Foreign Competitors
Market analysts predict that by 2030, Qatar’s anticipated increase in its production of liquefied natural gas (LNG) may give them about a quarter of the world market, driving out competing projects, even in the US, where President Biden has halted… Read More ›
By The End Of This Decade, Electric Air Transportation Is Expected To Take Off With The Delivery Of Goods, Ambulances And Taxis
Electric air transport vehicles, hailed as the mobility of the future for cities, were on display at the Singapore Airshow among displays of defence jets, passenger aeroplanes and cutting-edge aviation technology. Electric vertical take-off and landing, or eVTOL, vehicles are… Read More ›
Creditors Of Chinese Developers Intend To Sue The State-Owned Shareholder For Unpaid Debt For The First Time Ever
According to four sources, a group of China South City’s offshore creditors want to sue the developer’s largest state-owned shareholder for unpaid debts. This will be the first case of its kind in the troubled real estate market. Creditors consider… Read More ›
Google To Halt The Creation Of Person Images Using The Gemini AI Model Due To Errors
In what is being viewed as the latest setback in its attempts to overtake rivals OpenAI and Microsoft, Google has decided to halt its artificial intelligence tool that generates images of individuals based on historical depictions that contain errors. Google… Read More ›
Microsoft Becomes A Foundry Customer For Intel, Claims To Be On Pace To Surpass TSMC
According to Intel, Microsoft intends to use its services for the production of a custom computing chip. The business anticipates surpassing Taiwan Semiconductor Manufacturing Co., its main competitor in the advanced chip manufacturing market, by 2025, having met an internal… Read More ›
Hedge Funds And Goldman Sachs Increase Their Physical Uranium Activities As Prices Rise
As the price of the component used in nuclear fuel spikes, investment banks Goldman Sachs and Macquarie together with a few hedge funds are preparing themselves to profit from a newly buoyant uranium sector. Five industry and hedge fund sources… Read More ›
Retailers Want The EU To Take More Action To End The Red Sea Problem
In a letter to Belgium’s foreign minister, the European retail sector association Eurocommerce stated that the Red Sea situation had already had “massive impacts” on businesses and urged EU institutions and member states to resolve it in order to restore… Read More ›