The cost of buying a BMW or Mercedes in Singapore is approaching the annual income of the average local family, thanks to a luxury car tax. The right to buy a “open category” vehicle, which may be put toward any… Read More ›
Strategy
Hopes Are Raised By Alibaba’s Split That China’s Regulatory Winter Is Coming To An End
The announcement of big revamping plans by Alibaba Group has been interpreted as a hint that Beijing’s regulatory crackdown on corporations is coming to an end, driving its shares higher and bolstering investor confidence in the future of Chinese digital… Read More ›
Banking Problems Indicate That Recession Worries Are Returning
Recession concerns that had seemed to have subsided only a few weeks earlier have been re-ignited by the failure of American lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse’s rescue, and the accompanying turbulence in global… Read More ›
EU Countries Are Ready To Adopt A Phase-Out Of CO2-Emitting Vehicles By 2035
The European Union’s energy ministers are likely to grant final approval on Tuesday to the bloc’s rule to phase out new CO2-emitting cars by 2035, after Germany obtained an exemption for e-fuel vehicles. The vote is taking place three weeks… Read More ›
China’s Baidu Reveals Additional Features For Its AI-Driven Chatbot Ernie
On Monday, the Chinese search engine Baidu posted recorded videos of Ernie, an AI-powered chatbot, summarizing financial statistics and creating PowerPoint presentations, among other business-focused functions. Images posted by a Baidu representative in a media-focused group on WeChat, China’s most… Read More ›
As More Millennials Reach 40, They Are Revolutionizing Tha Traditional Way Of Travelling
Millennials now started to move into their middle ages. A generation that has traditionally been associated with youth is entering a new stage of life as more millennials, commonly referred to as people born between 1981 and 1996, turn 40…. Read More ›
Semiconductor Chip Manufacturing Giant Nvidia Believes Cryptocurrencies Do Not Benefit Society
Even if the US chipmaker Nvidia’s potent processors are sold in vast amounts to the industry, the corporation has claimed that cryptocurrencies do not “deliver anything good for society.” Other applications of computing power, such the artificial intelligence chatbot ChatGPT,… Read More ›
Flow Of Deposits From Smaller Banks Into Financial Behemoths Like JPMorgan Chase Has Slowed: Sources
According to information obtained by CNBC, the influx of deposits that were previously going from smaller banks to larger ones like JPMorgan Chase and Wells Fargo due to concerns about the health of regional lenders has since slowed to a… Read More ›
Even If Businesses Recover, Millennials Intend To Continue Shopping Online, A New Survey Reveals
At least when it comes to their online purchasing habits, millennials have huge aspirations for the upcoming year. According to a survey by ESW, a global direct-to-consumer company that aids retailers in expanding DTC channels, over 27% of millennials intend… Read More ›
Deutsche Bank Stocks Declined As Anxious Investors Look For Safer Havens
Investors’ concerns that regulators and central banks have yet to manage the greatest shock to the industry since the 2008 global financial crisis caused shares of Germany’s largest bank, Deutsche Bank, to fall on Friday. Despite assurances from policymakers that… Read More ›
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