Over the past year, China has significantly increased the use of the yuan to purchase Russian commodities, paying for almost all of its purchases of oil, coal, and some metals from its neighbour in the Chinese currency rather than dollars,… Read More ›
Consumer spending in Japan unexpectedly decreased in March at the sharpest rate in a year, and real incomes fell for the twelfth consecutive month due to high inflation, underscoring the difficulties facing the economy in constructing a robust post-COVID recovery…. Read More ›
Prior to June 5, Poland, Hungary, Romania, Slovakia, and Bulgaria will be prohibited from importing Ukrainian wheat, maize, rapeseed, and sunflower seeds, according to the European Commission. In response, Poland, Hungary, Slovakia, and Bulgaria lifted their previously enforced one-sided import… Read More ›
The World Health Organisation has decided that the spread of Covid-19 is no longer a global public health emergency. “For more than a year, the pandemic has been on a downward trend with population immunity increasing from vaccination and infection,… Read More ›
Companies across Europe have been forced to lay off workers or stop hiring due to decades of high prices and the impact of the Ukraine war. Since January, the following companies have announced layoffs: AUTOS * STELLANTIS: the manufacturer of… Read More ›
US President Joe Biden met with the CEOs of leading artificial intelligence companies, including Microsoft and Alphabet’s Google, and emphasised the importance of ensuring the safety of their products before they are deployed. This year’s buzzword has been generative artificial… Read More ›
Advertisers are committed to continuing to spend on TikTok because to its tremendous popularity with consumers, despite predictions of a future ban in the United States due to national security concerns, according to ad specialists. TikTok, which is owned by… Read More ›
After a spike in demand for travel and food delivery helped the American ride-sharing giant report better-than-expected results for the January-March period, Uber Technologies Inc. forecast quarterly core earnings above estimates on Tuesday. The company’s shares increased by 7%, contributing… Read More ›
On Thursday, US Vice President Kamala Harris and other senior administration officials will meet with the CEOs of Alphabet Inc.’s Google, Microsoft, OpenAI, and Anthropic to discuss important artificial intelligence (AI) challenges. President Joe Biden’s “expectation that companies like yours must… Read More ›
After being forced to withdraw its flagship rankings two years ago due to embarrassing disclosures of data discrepancies and favouritism towards China, the World Bank on Monday presented fresh methodology and stronger safeguards for evaluating the business climate in up… Read More ›
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