The first-ever artificial intelligence (AI) regulations being negotiated by the European Union appeared to be heading towards a dramatic conclusion on Wednesday as legislators began what many believe will be the last round of talks on the historic legislation. The… Read More ›
Strategy
McDonald’s Plans To Build 10,000 Additional Locations And Increase Loyalty In Order To Expand Quickly
McDonald’s plans to open over 10,000 locations worldwide by 2027, perhaps marking the fast-food chain’s biggest expansion era ever, according to a statement released by the company. Additionally, the firm announced intentions to grow its user base to 250 million… Read More ›
With The Economy Hurting, Young Chinese Consumers Flood Bargain Basements As They Feel “The First Floor Is Too Expensive”
Min Li rarely visits shopping centres. When she arrives, however, she makes a beeline for the basement, slipping past the first floor, which is surrounded by upscale stores like Gucci, Chanel, Louis Vuitton, and others, according to a report by… Read More ›
Tech Advocacy From Japan Cautions Against The EU Cybersecurity Branding Programme
In a letter to the EU industry leader, the lobby group Japan Association of New Economy joined forces with U.S. Big Tech to express concerns over new cybersecurity labelling laws in the EU, claiming that they could restrict their access… Read More ›
China’s Factory Output Continue To Shrink, And Additional Policy Support Is Anticipated
November saw a faster-than-expected decline in China’s manufacturing activity, indicating that further stimulus will be required to support economic growth and rebuild public trust in the government’s ability to assist business. After better-than-expected third-quarter data, economists raised their projections for… Read More ›
Sweden’s Economy Is In Recession As Its GDP Shrank More Than Anticipated In Q3
The third quarter saw a 0.3% contraction in Sweden’s GDP as a result of increased interest rates discouraging investments and consumer expenditure. “GDP decreased for the second consecutive quarter,” the statistics office said in a statement. The GDP shrank by… Read More ›
Factory Activity In China Probably Declined For A Second Month In November
According to a Reuters survey released on Wednesday, China’s manufacturing activity most likely declined for a second straight month in November, fueling calls for more stimulus measures as factory owners battle to find orders both domestically and internationally. Although the… Read More ›
Gentle China And India Might Dash Expectations For A Gold Rally: Russell
A six-month high for the spot price of gold has been reached on optimism that the monetary tightening in western nations is almost complete. Although indications that the Federal Reserve of the United States and other western central banks have… Read More ›
US Official Says AI Threat Necessitates New Security Design Strategies
A senior U.S. official stated on Monday that safety precautions should be integrated into systems from the beginning rather than being added later due to the possible threat posed by artificial intelligence’s (AI) quick development. “We’ve normalized a world where… Read More ›
The Richest 1% Emit Carbon Equal To The Poorest 66%’S: Oxfam Analysis
According to a report released by Oxfam on Monday, the 1 percent of the worldwide population who are the wealthiest are accountable for nearly the same proportion of carbon emissions as the 5 billion people who make up the 66%… Read More ›