According to a seasoned Bank of America economist who spoke with Reuters, large investors are starting to devote more capital to developing economies as they seek returns. This might signal a structural change in the way they manage their wealth…. Read More ›
In an effort to exert more control over the rapidly expanding industry, the U.S. Consumer Financial Protection Bureau announced on Wednesday that it will apply certain credit card consumer protection regulations to buy now, pay later (BNPL) lenders. Retailers and… Read More ›
Britain’s Payment Systems Regulator said in preliminary findings on Tuesday that there is no indication that significant increases in fees levied by Visa and Mastercard on merchants using their cards have also resulted in a significant improvement in service, raising… Read More ›
In order to accommodate both underutilised labourers and incoming workforce , India must create 11.5 crore jobs by 2030, according to a May 20 research by Trinh Nguyen, a senior economist at Natixis SA, which was cited by Bloomberg. “By 2030,… Read More ›
Microsoft is promoting new PCs with cutting-edge CPUs that can run Windows applications with artificial intelligence capabilities without rapidly depleting the battery. The Surface laptop and Surface Pro tablet, which include a Qualcomm chip and can perform some AI functions… Read More ›
Volkswagen’s flagship brand Audi said on Monday that it and its Chinese joint venture partner SAIC will work together to build a new intelligent and electric car platform tailored for China. The decision underscores growing pressure on legacy automakers and… Read More ›
According to traders and analysts speaking to Reuters, the world’s physical crude oil markets are contracting due to a lack of demand from refineries and an abundance of supply. This development might lead to additional declines in benchmark crude futures…. Read More ›
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 ›
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 ›
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 ›
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