According to an organization representing the UK aviation sector, the cost of decarbonizing air travel will undoubtedly increase ticket costs and discourage some people from taking to the skies. According to Sustainable Aviation, actions like switching to more expensive sustainable… Read More ›
Despite rising global crude prices and requests from some nations for a lower price ceiling to limit Moscow’s income, the Group of Seven (G7) coalition will maintain a $60 per barrel price limitation on seaborne Russian oil, a coalition official… Read More ›
According to consumer electronics shop M.Video-Eldorado, Chinese smartphones accounted for more than 70% of the Russian market in the first quarter of 2023, up from about 50% the previous year. After Samsung and Apple both reduced sales in Russia due… Read More ›
The developer of the puzzle game Angry Birds, Finland’s Rovio Entertainment Oyj, has received a 706 million euro ($776 million) offer, according to the Japanese gaming titan Sega. The transaction would be for all of Rovio’s outstanding shares and options,… Read More ›
Liu Baoxiang, who operates a mahjong parlor in a city on China’s rust belt, no longer indulges in ostentatious fashion purchases after watching the value of his two apartments drop by almost a third over the previous two years. “I… Read More ›
Consumer spending on cars and other expensive things decreased more than anticipated in March in the US, signaling that the economy was losing momentum at the end of the first quarter as a result of increasing interest rates. Retail sales… Read More ›
The cloud computing division of Amazon.com Inc. on Thursday unveiled a set of tools to assist other businesses in creating their own chatbots and AI-powered image-generation services. As they integrate AI chatbots into consumer goods like their search engines, Microsoft… Read More ›
According to Federal Reserve data published on Wednesday, the effects of the U.S. banking crisis are expected to cause the economy to enter a recession later this year. The demise of Silicon Valley Bank and other turmoil in the financial… Read More ›
Apple is now preparing to build its first stores in India, more than 20 years after its products initially made their way onto Indian marketplaces. Later this month, the two stores—one each in India’s capital Delhi and Mumbai, its financial… Read More ›
Tim Adams, chief executive officer of the Institute of International Finance, claims that the upheaval in the banking industry that caused the failure of multiple lenders was not a systemic problem and has since eased. The collapse of Silicon Valley… Read More ›
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