A prominent government scientist from China said on Saturday that the probability of a large Covid-19 uptick in China within the next two or three months is distant because 80% of individuals in the country have already been infected by the virus. The… Read More ›
Strategy
Adani Group Of India Intends To Demerge More Businesses While Dismissing Concerns Over Its Debt Levels
India’s Adani Group, led by billionaire Gautam Adani, has stated that it intends to spin off more businesses by 2028 and dismisses any debt concerns. According to Chief Financial Officer Jugeshinder Singh, the corporate house intends to spin off or… Read More ›
In A Rare January Launch, Apple Introduces MacBooks With New M2 Chips
In a surprise launch weeks ahead of schedule, Apple Inc. unveiled MacBooks powered by its new and faster M2 Pro and M2 Max chips on Tuesday. The use of Apple’s latest versions of the M2 chip, which debuted last year,… Read More ›
Staff Are Losing Faith In The ECB’s Leadership Due To Concerns About Inflation And Pay
According to a survey conducted by trade union IPSO, European Central Bank employees are losing faith in the institution’s leadership as a result of the ECB’s failure to control inflation and a pay raise that lagged the rise in prices…. Read More ›
Netflix Is Expected To Have The Slowest Revenue Growth As Its Ad Plan Struggles To Gain Traction
Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in a crowded U.S. market, putting pressure on the company to reduce content spending this year. The streaming pioneer… Read More ›
Gold Prices Expected To Surge To New Highs As Interest Rates Rises Slated To Stop
According to industry analysts, gold prices will rise to record highs above $2,000 per ounce this year, albeit with some turbulence, as the United States slows and eventually stops raising interest rates. Spot gold prices have risen above $1,900 per… Read More ›
Travelling During China’s Lunar New Year Provides A Catalyst Of Economic Recovery From The COVID Crisis
On Tuesday, urban workers crammed train stations across China’s largest cities as the country’s mass migration for Lunar New Year holidays kicked into high gear, an early sign of economic recovery as officials confirmed a historic drop due to COVID-19… Read More ›
With The Common Man Grappling With The Cost-Of-Living Crisis, Only One G-7 Leader To Attend Davos Elite This Year
The only G-7 leader scheduled to attend the World Economic Forum’s annual summit in Davos next week is German Chancellor Olaf Scholz, who will speak on the main stage for the second time since taking office in 2021. It is… Read More ›
UK Economy Grew Faster Than Expected In November
Official figures show that the UK economy unexpectedly expanded in November, aided by a boost from the World Cup. The economy grew by 0.1%, aided by demand for services in the technology sector and despite rising prices putting pressure on… Read More ›
South Koreans Spend The Highest Globally On Luxury Goods
South Koreans are the world’s biggest spenders on personal luxury goods per capita, according to Morgan Stanley, whether it’s calf-leather Italian Prada bags or classic, checkered British Burberry trench coats. According to the investment bank, total South Korean spending on… Read More ›